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Spain’s Iberdrola Has Brazil For Its First Floating Solar Project

The first floating solar power facility of global energy conglomerate Iberdrola will be coming up in Brazil soon. Iberdrola group has announced its plans to install the its first floating photovoltaic plant in the world in Brazil, through its subsidiary Neoenergia. The official statement held that the floating solar project will be built on the […]

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Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA

Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […]

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Trina Solar Maintains Its Top ranking in Bankability ratings

Leading solar and tracker firm Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The company’s continued presence in the highest category validates its ongoing high performance level in manufacturing capacity, technology innovation, product shipments and financial status and […]

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Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA

Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […]

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Statiq To Supply 253 EV Chargers To REIL For Key Highway Projects

Electric vehicle charging service provider Statiq has revealed that the company has recently received an order from Rajasthan Electronics & Instruments Ltd. (REIL) for the delivery of 253 rapid electric vehicle (EV) chargers that will be employed on four critical highway projects. These highway projects will be connecting Agra and Lucknow, Meerut and Gontri, Chennai […]

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Is Solar Momentum Stuttering To A Halt In India?

India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […]

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Ola Electric Mulls Introduction of Service Subscription Plans

Ola Electric has announced that the company may launch service a subscription service in the coming week. Ola Electric Chief Executive Officer, Bhavish Aggarwal, made the announcement about the service subscription plans of the company on Twitter. Without offering much information about the plan, Aggarwal asked on the social media platform what kind of benefits […]

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L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain

The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […]

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NTPC, HPCL Sign Deal To Develop Renewable Energy Together

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […]

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