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OMERS Private Equity Buys Stake In Solar O&M Company NovaSource

A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […]

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Iberdrola Commissions Europe’s Largest Solar Plant With 590 MW Capacity

The 590 MW “Francisco Pizarro” PV project in Extremadura, southwest Spain, the biggest solar facility in Europe, has been put into operation by Spanish energy company Iberdrola. This is the largest solar plant installation to be ever built by Iberdrola. The €300 million ($310 million) project is situated between the Cáceres communities of Torrecillas de […]

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MPUVNL Invites RFP for 35 MW of Grid-Connected Rooftop Solar Plant

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited a Request for Proposal (RFP) for 35 MW of grid-connected rooftop solar plants. These 35 MW rooftop solar PV system under the RESCO Model would be installed at various locations in Madhya Pradesh. The last date to submit the bid is August 23, 2022, till 6:00 […]

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TotalEnergies To Place Rooftop Solar Panels Across KCN Vietnam Properties

Real estate solutions provider KCN Vietnam and leading French multinational TotalEnergies have entered into a strategic partnership by signing a Memorandum of Understanding (MOU). Both parties have agreed that TotalEnergies would be the exclusive solar energy provider on the rooftops of KCN Vietnam properties. With current and pipeline projects combined, the properties of KCN Vietnam […]

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Exus Purchases 1GW Solar Power Project In Brazil

Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […]

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The Top 5: Trends In Energy Storage and Innovations

Switch to Renewable Energy (RE) is high on demand for the countries across the globe. As more and more countries become the part to this wave of change, advancement in technologies is bound to happen. With advancement in technology, new trends emerge. Speaking of the energy storage trend, it is at the helm of this […]

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GPIL Announces Commissioning Of 70 MWp Solar Plant In Chhattisgarh

In one of the key developments in the solar power sector, Godawari Power and Ispat Limited (GPIL) has announced that its 70 MWp (megawatt-peak) captive solar photovoltaic power plant at Rajnandgaon, Chhattisgarh is now commercially operational. The information has come through a regulatory filing by GPIL. “70 MWP Captive Solar PV Power plant of the […]

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Assam To Invest Rs 10,000cr For 2000 MW Solar Power

The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […]

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Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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