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capital deployment

Google Signs Agreement with Sol Systems for Solar Energy at its Campuses

American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […]

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Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects

Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […]

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The Time for Battery Storage & Green Hydrogen Is Here, Says IEEFA Note

A new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) states that battery storage and green hydrogen will be vital to India’s energy transition goals, especially the goal of 450 GW of renewables by 2030. “Grid-scale energy storage technologies will play a critical role in India’s decarbonisation journey, helping to integrate the 450 […]

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About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL

In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […]

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‘PRATYAY’ a New Trading Platform from Power Exchange India

With an aim to ease participation and provide customer delight for trading on the exchange, Power Exchange India Ltd (PXIL) on Monday has unveiled its new technology-based trading platform called ‘PRATYAY’. As per PXIL, this new service provides single platform for all segments and offers hassle-free migration from thick client-based solution to a complete web-based […]

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Soltage Closes First Round of Investment in 100-MW Solar Portfolio

Project to power 18,000 homes and offset 300 million pounds of CO2 each year Independent renewable energy provider, Soltage LLC, today announced that it closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset […]

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Regional Support Consultant – Regional Support Unit (Africa)

The purpose of the Regional Support Consultant role is to serve as a pivotal link between various stakeholders within the African region. They would facilitate and support seamless communication, coordination, and collaboration with the National Focal Points from the member countries in Africa. This role is essential for supporting the National Focal Point and the […]

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PM Surya Ghar Powers 9,369 Varanasi Homes With Rooftop Solar

Varanasi, a key district in Uttar Pradesh (UP), has been performing well under the PM Surya Ghar Muft Bijli Yojana. The region witnessed an increase in solar installations, benefiting 549 households in February 2024, 2,856 in June 2024, 7,179 in October 2024, and reaching 9,369 in December 2024. The region has seen the installation of […]

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Solar Journey of Africa: 2024 in Review and the Road Ahead

Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […]

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