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SJVN Issues Tender For 1500 MW Wind-Solar Hybrid ISTS Project

SJVN Limited has issued a tender for a 1,500 MW wind-solar hybrid project. The Central PSU plans to allocate this project to the Inter-State Transmission System (ISTS). The entity plans to select hybrid project developers under tariff-based competitive bidding. The tender document said that the successful bidders will sign a 25-year Power Purchase Agreement (PPA) with […]

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Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland

Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […]

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Solis Strengthens Bankability Rank For Buyers

In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […]

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SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu

The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […]

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Atrato Solar Farm Commissioned in UK; To Fulfill 75% Power Need Of Soft-Drink Company

United Kingdom-based soft drinks manufacturer Britvic soft drinks will now make its product using 75 percent solar power. The company will be getting the solar power supply from a 160-acre solar farm in Northamptonshire which renewable energy company Atrato Onsite Energy owns. The 650,000 square meter solar installation will scale up to produce 28MW power. […]

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Finnish New WaveRoller Technology Contributes To EU RE Capacity

Finnish enterprise AW-Energy has recently successfully developed a wave farm project that converts ocean wave energy to electricity through WaveRoller technology. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. The commission mentions about the waveroller technology, “Depending on tidal conditions, it’s mostly or […]

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China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report

A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […]

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Lightsource bp Offloads 294-MW Italian Solar Projects

Lightsource bp have announced that it has inked an agreement for the sale of six solar greenfield projects in Italy to EOS Investment Management Group (EOS IM). Lightsource bp said that the portfolio is currently either permitted or in the late stages of development with construction expected to begin in the next 12 months.  EOS […]

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Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity

Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent.   As per the latest data from the Central Electricity […]

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