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GoodWe To Expand Residential Inverter Production, Received Order of 5000 units

The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […]

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MERC Signals Go Slow On AEML’s RE Procurement Plans for Mumbai

The Maharashtra Electricity Regulatory Commission (MERC) has issued a new order, allowing Adani Electricity Mumbai Ltd (AEML) to initiate the bidding process for the procurement of power upto 500 MW on round the clock (RTC) basis from grid connected renewable energy power projects, complemented with other non-renewable energy source. The commission has partly accepted AEML‘s […]

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NTPC Signs MoU with Ladakh For Country’s First Green Hydrogen Mobility Project

NTPC Renewable Energy Ltd. (REL) has signed a Memorandum of Understanding (MoU) with the Union Territory of Ladakh to set up the country’s first Green Hydrogen Mobility project. NTPC REL, a wholly-owned subsidiary of NTPC, announced that this MoU will enable it to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen. This […]

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Capgemini to Order Only Hybrid & EVs, Ends Pure Diesel/Petrol Orders

French IT company Capgemini has announced that it will now order only hybrid and electric cars and vans for its 12,000-vehicle company fleet, stopping with immediate effect the order of new pure diesel or petrol vehicles as part of its plans to transition to a fully electric fleet by 2030. The company aims to achieve […]

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Canadian Solar Wins 45 MWh Energy Storage Project in Colombia

Canadian Solar Inc., a solar PV module manufacturer in Canada, has won its first-ever utility-scale battery storage project in Colombia with a capacity of 45 MWh. The project was awarded in the public tender floated by Colombia’s Ministry of Energy and Mines via its affiliate UPME, the Mining, and Energy Planning Unit. Located in the […]

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Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain

European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites.   Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […]

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Woodmac Predicts Low Solar Achievement Rates for India By 2030

Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030.   China To Remain Leader   Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […]

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Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction

We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […]

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