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Total Adds 6 New Projects to its Distributed Solar Portfolio in SE Asia

Total Solar Distributed Generation, an arm of energy giant Total, has added six new distributed solar projects having capacity of 10 MWp in Southeast (SE) Asia region. Through this move, the energy giant has continued its strategy of expansion of footprints in the distributed solar sector by adding 10 MWp to its renewables portfolio in […]

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Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm

This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […]

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Is Chindia the Answer to India’s Manufacturing Puzzle?

When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List

According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […]

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Shell Acquires 20% Stake in Bengaluru-Based Orb Energy

Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […]

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Top 5 Fastest-Growing Solar Markets in Africa

The year 2018 was exceptionally good for Africa and 5 African markets drove the continent’s solar energy market. Last Year Africa showed good progress in its solar market growth which was primarily driven by five countries: Egypt, South Africa, Kenya, Namibia, and Ghana. The continent’s solar assets experienced a growth of over 1.8 GW in new solar […]

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Equinor, SSE win Tender for 3.6 GW Offshore Wind Portfolio in North Sea

Equinor and SSE have been awarded contracts to develop three offshore wind projects in the Dogger Bank region of North Sea, worth 3.6 GW. UK authorities announced today, September 20, 2019, that Equinor and its partner SSE were awarded contracts to develop three large scale offshore wind projects in the Dogger Bank region of the […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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