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Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside

Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […]

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Navitas Solar Among First Carbon Neutral Solar Manufacturing Companies

Navitas Green Solutions Pvt Ltd, one of India’s leading solar module manufacturers, has announced carbon neutrality for CY 2021. It has received a silver badge from the United Nationsn Framework Convention on Climate Change (UNFCCC) on climate reporting under the ‘Climate Neutral Now’ initiative for outstanding accomplishment in managing carbon emissions. Following the Path of […]

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Resurgence of Heterojunction (HJT) Solar Panels

After being overlooked initially for many years, there has been a resurgence of interest in Heterojunction technology (HJT) in the last couple of years. From Reliance to Goldi Solar, many private players in India have shown a growing interest in HJT solar technology. It is intriguing that the Indian market is witnessing an escalating interest […]

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Baseload Capital Raises $24 Million To Bolster Geothermal Energy

Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […]

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ISA Decides On Solar Facility To Expedite Funding

In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […]

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First Solar will supply 700 MW solar modules to Silicon Ranch

Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […]

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Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment

The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […]

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MPUVNL Invites RFP for 15 MW of Grid-Connected Rooftop Solar Plant

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited a Request for Proposal (RFP) for 15 MW of grid-connected rooftop solar plants. These 15 MW rooftop solar PV systems under the RESCO Model would be installed at various locations in Madhya Pradesh. This MPUVNL 35 MW solar tender includes the scope of work in design, […]

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Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times

Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […]

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