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New Thermodynamic Formula Reveals Bifacial Panels Generate 15-20% More Power

A new thermodynamic formula reveals that the bifacial cells making up double-sided panels generate on average 15-20 percent more power than monofacial cells Double-sided solar cells are already enabling panels to sit vertically on land or rooftops and even horizontally as the canopy of a gas station, but it hasn’t been known exactly how much […]

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LS Power to Acquire EV Charging Solutions Firm EVGo

LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […]

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Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […]

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Scout Closes $210 mn Financing for 130 MW Indiana Wind Farm

Scout Clean Energy has announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm in Indiana. Scout Clean Energy, a Colorado-based renewable energy developer, owner and operator, today announced the closing of construction financing and tax equity commitments for the 130 MW Bitter Ridge Wind Farm (Bitter […]

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Double Standards? Thermal Power Auctions At Rs 4.41

In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […]

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Enel Begins Operation of its Largest Wind Project in Texas

Enel has started operation of its 450 MW High Lonesome wind farm in Texas, the largest operational wind project in the Group’s global renewables portfolio. Enel, through its US renewable subsidiary Enel Green Power North America, has started operations of its 450 MW High Lonesome wind farm in Upton and Crockett Counties, in Texas, the […]

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Vestas Develops Repowering Solution for World’s Most Northern Wind Project

Vestas has received a 38 MW order from Finnmark Kraft for the repowering of Havøygavlen Wind Park in Norway, which is the world’s most northern wind project Vestas has received a 38 MW order from the utility Finnmark Kraft AS for the repowering of Havøygavlen Wind Park on the island of Havøy in northern Norway, […]

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Vector Green In The Big League With Rattan India’s Renewables Acquisition

Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […]

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EIB Chief Slams Automakers for Slow Response to Climate Change

EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […]

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