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Momentum Solar

China’s Exports Profile Shifts To Green As Li-Ion Batteries, EVs And Solar Batteries Step Up

China, for long synonymous with cheap exports in categories like toys, apparel, home appliances and furniture has slowly but surely been changing the profile of its exports, with newer, higher value and tech intensive categories edging ahead. In fact, consumers might have already noticed that in categories like Apparel and Furniture, it is no longer […]

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Ameresco & Sunel Group Bid in Unison for 1.5 GW Solar & BESS Projects in UK, Europe

US-based renewable energy firm Ameresco and the Sunel Group, an EPC contractor and developer for solar projects, have joined forces to bid for 1.5 GW of solar photovoltaic (PV) and battery energy storage system (BESS) projects. These projects are located in the UK and Europe across Greece, Italy, Spain, Romania. The said projects are presently […]

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Backed by Favourable Policies, US Welcomes Largest Community Solar Project

The idea of solar in the USA is gathering momentum. The credit primarily goes to the Inflation Reduction Act, which has been insturmental in giving a fresh impetus to clean energy in the country. The landmark Act paves the path for provisions for tax credits for solar projects. Community Solar is also gaining traction rapidly […]

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Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise?

In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […]

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India & Sri Lanka Build Momentum Further on Renewable Energy

A  memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […]

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Nestlé to Invest in 208 MWh Ganado Solar Project of Enel North America

Renewable energy major Enel North America has announced partnership with global food conglomerate Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas, US. Enel said that Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the […]

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Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’

Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […]

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OYA Renewables Secures $216 Million For New York Community Solar Pipeline

US based energy transition solutions platform OYA Renewables has announced that it has secured a total of $216 million in financial backing for the construction of as many as 15 community solar development projects throughout the state of New York. This is expected to give a fresh push to community based solar power in the […]

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Bord Na Móna Avails €430 Million for Wind And Solar Projects in Ireland

Semi-state Irish company Bord na Móna has announced that it has secured EUR 430 million in banking facilities that will enable the company to complete and deliver renewable energy projects of about EUR 2.7 billion. Bord na Móna said that the funding is the largest-ever for renewable energy projects for the company. The debt facilities […]

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