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Renewable energy generation

American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio

Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy

Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […]

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India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year

Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […]

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Switzerland Seeks To Adapt For Solar Energy With AlpinSolar Plant

Switzerland, the rich alpine country with what many would consider limited solar potential, has certainly started trying harder. The AlpinSolar power plant on Lake Muttsee Dam in Switzerland has become the first in the country with 5,000 solar panels. The dam is 2,500 meters above sea-level and is surrounded by snow capped peaks. It is […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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Lightsource bp & Contact Energy to Develop 150 MW Solar PV Project in New Zealand

Lightsource bp, which delves into the development and management of solar energy projects, will develop one of New Zealand’s largest solar development project at Christchurch Airport. Lightsource bp and New Zealand based Contact Energy, will together develop the 150 MW solar project. The deal marks the firm’s first project in New Zealand. The Kowhai Park […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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