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Juniper Green Energy Sees USD 350 Mn Investment from AT Capital Group & Vitol

An independent renewable energy power producer and operator of solar, wind and hybrid power projects, Juniper Green Energy, has shared that AT Capital Group and Vitol have invested USD 350 million in the firm. The announcement of the increase in investment to US$ 350 million follows the former commitment of US$ 200 million from AT […]

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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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China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023

China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […]

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GUVNL Seeks Outside Expertise For Its Pumped Storage Project Tenders

Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for the selection of consultant for preparation of tender documents for selection of project developers through competitive bidding process for development of Pumped Storage Plant (PSPs) on “Build Own & Operate” or “ Build Own Operate & Transfer” basis and for assisting GUVNL to carry […]

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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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KREDL Issues Tender for Consultancy Services for 500 MW Solar Park

Karnataka Renewable Energy Development Limited (KREDL) intends to develop a solar park of 500 MW AC in Aurad taluk, Bidar District, Karnataka under ISTS mode and requires consultant services for the same. The Central Electricity Authority (CEA) has finalized the location in Malegaon village of Aurad Taluk for establishing 765/400/220kV Bidar Pooling Station. The last […]

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Djibouti Launches Maiden Wind Farm with 60 MW Capacity

Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […]

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PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells

In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme.  Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […]

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