SUBSCRIBE NEWS LETTER

asset management

GE to Modernise Rajasthan’s Transmission Grid

GE will modernise the Rajasthan Transmission Grid with First-of-Its-Kind Advanced Grid Management Project in India, becoming the first state to implement game-changing power transmission technology. GE Renewable Energy’s Grid Solutions business today announced that it has been awarded a technology-driven grid modernisation project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the […]

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Fortum Wins Right to Build 250 MW Solar Project in India

Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […]

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EDF and SITAC Sign PPA for 300 MW Wind Project in India

Construction of the wind farm will start in 2019. EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project recently awarded by the Indian government. This power purchase agreement (PPA) was […]

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Sungrow Ships 1500V Inverters for 200 MW Nevada Project

Further, the project is expected to be grid-connected by the end of 2019 and creates hundreds of jobs for the local community. One of the global leading inverter supplier for renewable, Sungrow has recently supplied its 1500V turnkey inverter solutions tailored for North American market to Techren-2. This 200 MW solar project in Nevada marks another […]

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Wintery Breath Clouding The Sunny Solar Sky!

Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […]

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BlackRock Sells 14 French Solar Projects to International Consortium

The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […]

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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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Canadian Solar and PKA Complete a Large Scale Solar Transaction in California

Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […]

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