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Solar PV Power Plant Projects

Renewables in APAC to be Cheaper Than Coal by 2030, Led by India

A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […]

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Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two

Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […]

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Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home

The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […]

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Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary

Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […]

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EBRD to Support Largest Renewable Energy Project in Greece

Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […]

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Andritz to Supply Equipment for Greenko’s 1200 MW Pumped Storage Project

Andritz has received a contract from Greenko for the supply of electro-mechanical equipment for the 1200 MW Pinnapuram pumped storage plant in Andhra Pradesh. Australia-based international technology group Andritz has announced that it has received a contract from Greenko Energy Private Limited, an independent Indian power producer (IPP), for the supply of electro-mechanical equipment for […]

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JSW Energy Wins 810 MW Blended Wind Capacity Under SECI Tender

JSW Energy has received LoA for a total blended wind capacity of 810 MW from SECI under its tender for setting up of 2500 MW wind projects (Tranche – IX). JSW Energy has announced that its 100 percent subsidiary JSW Solar has received a Letter of Award (LoA) for a total blended wind capacity of […]

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NALCO to Have 223.9 MW Wind Capacity on its RE Portfolio

NALCO is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to its renewable energy portfolio. The state-backed National Aluminium Company (NALCO) is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to […]

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Sungrow Bags 100% Bankability for a Second Year From BNEF

Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […]

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