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Electricity Market

Enfinity Global Acquires 546-MW Of Solar Assets

American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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Hero Future Energies Partners with Bangladesh for 100 MW Sonagazi Solar Park

Hero Future Energies has announced the signing of a Memorandum of Understanding (MoU) with the Electricity Generation Company of Bangladesh (EGCB), a subsidiary of the Bangladesh Power Development Board (BPDB), for the development of a 100 MW solar power plant at the Sonagazi Solar Park in Feni District, Chittagong. The solar park is being developed […]

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Canadian Solar Locks 4 GWp of Module Contracts During The 2023 RE+ Show

Canadian Solar has announced that it has successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas, the USA. The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory. “Our cost competitive TOPBiHiKu7 bifacial TOPCon module has received overwhelmingly […]

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Sungrow in 60MW/132MWh Energy Storage Partnership in Chile

Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of […]

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ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings

Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […]

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Credit Fair & UTL Solar Unite to Offer Solar Rooftop Installation Financing Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with solar inverter firm UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without […]

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Goldi Solar, Desert Technologies Sign MoU To Expand RE 

Indian Solar module manufacturer Goldi Solar has signed a Memorandum of Understanding (MoU) with Desert Technologies, a solar PV and smart infrastructure holding company based in Saudi Arabia. The two firms have planned to use this partnership to boost the expansion of renewable energy in India and Saudi Arabia.  The MoU, part of the India-Saudi […]

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