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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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Sterling and Wilson Wins Solar Plus Battery Storage Contract

Sterling and Wilson has announced that its HES division has signed an EPC contract to construct a solar plus battery storage hybrid power plant in Niger. Sterling and Wilson, one of the leading engineering, procurement and construction (EPC) companies in India, has announced that its Hybrid & Energy Storage division (HES) has signed an EPC […]

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ISA Confers the Very First ISA Solar Awards at Third Assembly

For the first time since the inception of the framework agreement of ISA, solar awards were conferred on countries and institutions working for solar. For the first time since the inception of the framework agreement of ISA, Solar Awards were conferred on countries of the region as well as institutions working for solar. ISA recognises […]

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India and France Re-elected President & Co-President of ISA at 3rd Assembly

At the Third Assembly of ISA, India and France were re-elected as the President and Co-President of the alliance for a term of two years. The Third Assembly of the International Solar Alliance (ISA), held virtually on October 14, 2020, was attended by 34 ISA member ministers, 53 member countries, and 5 signatory and prospective […]

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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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Bifacial PV’s Getting Indian Developers Interested In Trackers Again: Dan Shugar

Since co-founding Nextracker in 2013, CEO Dan Shugar has made it one of the manufacturing success stories of the sector. The firm has delivered trackers for over 35 GW of solar plants till now. The firm has now expanded its portfolio to include yield and performance software and global services. SaurEnergy Group Editor Prasanna Singh […]

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Dutch Development Bank FMO Invests $5 Million in Husk Power

Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […]

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Eos Energy Storage Expands Battery Deployments in Nigeria

Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […]

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RFP for ‘One Sun, One World, One Grid’ Gets new Deadline

ISA has issued a corrigendum extending the deadline for its RfP for developing the implementation plan and framework for the ‘One Sun One World One Grid’ initiative The International Solar Alliance (ISA) has issued a corrigendum extending the deadline for its Request for Proposal (RfP) for developing a Long Term Vision, Implementation Plan, Road Map, […]

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