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Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for about $46.6 Mn

Switzerland headquartered Etrion Corporation (Etrion) has completed the sale of its 70 percent shareholding in a solar photovoltaic (PV) power plant, PV Salvador SpA, in northern Chile, to Canada-based Innergex Renewable Energy Chile Spa. This is an independent solar power producer’s last sale of a non-core solar asset outside of Japan. Etrion owns and operates […]

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Mineral Production to Rise as Demand for Green Energy Increases: World Bank

A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […]

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Sembcorp, PUB Ink 25-Yr PPA to Build Largest Floating Solar Plant in S’pore

With an aim to support Singapore’s 2 GWp target of installed solar capacity by 2030, Sembcorp Industries has entered into a 25-year power purchase agreement (PPA) with PUB, Singapore’s National Water Agency, to develop the country’s largest floating solar plant. As per the deal, Sembcorp through its arm Sembcorp Floating Solar Singapore will develop a 60 […]

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Carbon Neutrality in Mobility: Is it possible?

India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […]

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First Solar Inks Supply Agreement for 415 MW PV Modules With Geronimo Energy

First Solar has entered into a supply agreement with Geronimo Energy to supply 415 MW of its Series 6 photovoltaic (PV) modules in 2022. First Solar has announced that it has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 megawatts (MW) of its […]

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EDPR Secures 15-Year PPA for 100 MW New California Solar Park

EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […]

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India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort

Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […]

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Importance of Using Storage with Increasing Renewable Energy

Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […]

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Tokyo Olympic Games 2020 Targets 100% Renewable Energy

The Tokyo Olympic Games for 2020 will be powered 100 percent by renewable energy, as revealed by the Sustainability Pre-Games Report. As per the report, the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) is planning to deliver sustainable Tokyo 2020 games including the promotion of the use of 100 percent renewable energy at Olympic […]

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