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Renewable energy generation

Renewable Power Capital Acquires 57MW Battery Storage Project In UK

United Kingdom-based Renewable Power Capital (RPC) has completed the acquisition of a 57MW ready-to-build battery storage project in the UK. With this deal, RPC adds its first shovel-ready storage project to its UK portfolio. According to the press release, the construction on the site is due to start imminently. Energisation is expected next summer (2025), […]

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US Energy Dept Issues Letter Of Intent For Funding CSP Deployment

US department of energy (DOE) recently shared its intention to fund solar concentrator project with a potential funding of upto $30 million for research, development.  The Solar Energy Technologies Office (SETO) made a fund opportunity announcement (FOA) in its notification for “Concentrating Solar Flux to Heat and Power.” The letter mentioned, “This project is estimated to […]

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Atlas Renewable Energy Acquires Its First Solar Project In Colombia

Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […]

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CleanMax To Enhance Energy Resilience At Bengaluru International Airport

CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […]

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Italy’s PLT Energia And GGS Energy to Develop 1 GW RE Projects in Texas

Italy-based renewable and energy storage company PLT Energia has announced that its subsidiary PLT Energy US Corp has entered into a joint venture with GGS Energy to develop more than 1 GW of renewable energy in Texas, United States. According to a press statement, the joint venture’s first project will be the development and construction […]

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IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […]

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India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data

The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report.  The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […]

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Siemens Energy Invests $150 Mn To Address Shortage Of Transformers

Siemens Energy plans to invest $150 million to expand operations in Charlotte, North Carolina, creating almost 600 local jobs. It said, “Today, only 20% of US large power transformer demand is met by domestic supply with lead times of up to five years. Power transformers provide the link between generation and distribution and are a […]

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US Households With Heat Pumps Witness 62% Drop Energy Bills: NREL

NREL is a national laboratory of the US Department of Energy (DOE) for renewable energy and energy efficiency research development, operated for DOE and funded by the Department of energy’s Building Technologies Office. In its latest research, NREL shared research on the benefit of heat pumps for households. The research was co-authored by Prateek Munankarmi, […]

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