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clean energy

Lightsource bp Closes Financing On 250 MW US Solar Project

Lightsource bp has closed on a $327 million financing package and mobilized construction on the 313 MWdc (250 MWac) Driver Solar project located in Mississippi County, Arkansas. Lightsource bp completed development, permitted and financed the project and will construct the facility under a build-transfer agreement with Entergy Arkansas announced last year. Lightsource bp said in […]

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Masdar Invests In 128 MW Solar Project Of EDF Renewables North America

UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […]

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Backed by Favourable Policies, US Welcomes Largest Community Solar Project

The idea of solar in the USA is gathering momentum. The credit primarily goes to the Inflation Reduction Act, which has been insturmental in giving a fresh impetus to clean energy in the country. The landmark Act paves the path for provisions for tax credits for solar projects. Community Solar is also gaining traction rapidly […]

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ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi

The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […]

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WRI Develops Tool For Financial Evaluation of Public Charging Stations For Electric Vehicles 

The World Resources Institute (WRI)-India, one of India’s leading clean energy think tanks, has now developed a unique tool to undertake the financial evaluation of public charging stations (PCS) meant for electric vehicles. The organization has named it ‘Financial Analysis of Charging Station (FACt).’ The international think-tank claimed there need to be more evaluation tools in India. […]

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SunSource Commissions 9 MW Solar Open Access Project in UP for Varun Beverages

A firm that provides solar-based energy and storage solutions, SunSource Energy has shared that it has commissioned a 9 MW (DC) solar open access project in Uttar Pradesh (UP) for Varun Beverages. Varun Beverages is a noted player in the beverage industry and among the largest franchisees of PepsiCo in the world. The PPA paves […]

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Suzlon Onboards J P Chalasani as Chief Executive Officer

A firm that provides clean energy solutions, Suzlon Energy has onboarded J P Chalasani as its CEO. The appointment follows the resignation of Ashwani Kumar attributable to personal reasons. Chalasani had served as the Group Chief Executive Officer of Suzlon from April 2016 to July 2020, following which, he stepped into the role of Strategic […]

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Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter

Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […]

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EDF Renewables to Develop 425 MW Solar Power in Indiana

EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […]

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