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Finland’s Wind Energy Saw 75% Surge in 2022

As per the Finnish Wind Energy Association (FWPA), the wind power capacity of Finland witnessed a 75% surge in 2022. Of this, nearly half of it was owned by Finland domestically. “Wind power is now increasing our country’s energy self-sufficiency at a really good pace – just when new and affordable electricity production is most […]

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NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […]

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REIL Issues Tender for 50 MWp Grid-Connected Solar Power Plants

Rajasthan Electronics And Instruments Limited has issued a tender for 50 MWp grid connected roof top and small ground mounted solar power plants for government buildings in different states/ union territories of india under RESCO model. The tender fee is INR 25,000 and the contract will be on turnkey basis. The bid opening date is […]

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North America to Make Headways into Solar Sector by 2030

As per a study conducted by CMI Ltd, the global solar energy market is poised to reach around USD 300 Billion by 2030. This growth will account for a CAGR of close to 7% between 2022 and 2030. There has been an increased focus on green hydrogen with the sliding costs of renewable energy having […]

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Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment

Officials present in one of the sessions on the first day of ‘Invest Madhya Pradesh-Global Investors Summit’ that is being held in Indore, said that the development work on three floating solar power plants on water reservoirs in the state of Madhya Pradesh is about to commence. The investment into the three floating solar power […]

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Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System

ONGC Tripura Company Ltd and Assam Power Distribution Company Ltd have joined forces for the development of a Battery Energy Storage System Project of 250 MW / 500 MWh capacity in Guwahati. Valued at INR 2000 Cr, the project will be executed in a phased manner. The agreement was signed in the presence of Nandita […]

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USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California

Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […]

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