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apac markets

NHPC Receives LoI From GUVNL For 200 MW RE Park In Khavda

NHPC (National Thermal Power Corporation) a public sector undertaking under the ownership of the Ministry of Power recently announced that it received a letter of intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for the 200 MW Khavda project.  NHPC received this letter for a 200-megawatt (MW) solar power project at the 1125 MW Gujarat […]

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Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas

US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […]

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BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines

BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […]

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Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat

Renewable Energy sector company, Rays Power Infra announced it has acquired three significant solar projects with a combined capacity of 520MWp. The company’s latest ventures into the renewable markets of Gujarat and Assam mark its operational expansion to 14 states throughout India. “These projects are a testament to the company’s expanding influence and commitment to […]

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Gautam Solar Cracks Notable Deal In Ghana

India’s solar module manufacturers have for long targeted the US and other developed markets for exports, considering the intense Chinese competition in other markets. In that context, an announcement by leading manufacturer Gautam Solar, of a successful export of cutting-edge solar modules to Ghana deserves notice. Despite intense competition from Chinese manufacturers dominating the African market, […]

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SolarDuck, Green Arrow Capital Join Hands For 540 MW Hybrid Offshore Wind-Solar Farm In Italy

Dutch-Norwegian cleantech company SolarDuck, Italian Independent Asset Manager Green Arrow Capital, and Italy-based developers New Developments s.r.l have agreed to collaborate on the development of 120MWp Offshore Floating Solar Photovoltaic (OFPV) farm integrated with a 420MW Floating Offshore Wind (FOW) project in Corigliano, Calabria, Italy. According to a press release by SolarDuck, the project will […]

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Germany Issues Tender For 5.5 GW Offshore Wind Project

Federal Network Agency of Germany has launched auctions for offshore wind farms comprising a total of 5,500 MW at three centrally pre-investigated sites in the North Sea. The three sites with a combined 5,500 MW of projected generating capacity are situated about 110 km north-west of the island of Borkum, bordering the Netherlands exclusive economic […]

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SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid?

The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […]

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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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