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Nextracker to Supply 810 MW Solar Trackers to US Solar & Storage Projects

Solar tracking and software solutions provider Nextracker has signed a multi-year volume commitment agreement with solar and storage PV projects developer Strata Clean Energy to supply 810 MW of trackers for large-scale solar power projects in Texas, Arizona, and Virginia of USA. Nextracker said that consistent with its years-long campaign to grow its partnerships with […]

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ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023

Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […]

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Goldi Solar Powers Up Asafwala War Memorial in Fazilka, Punjab

Goldi Solar, in line with its Corporate Social Responsibility (CSR) projects, has partnered with the Committee of Asafwala War Memorial in Fazilka, Punjab to equip this historic War Memorial with solar power. This is a sacred war memorial and museum near the Indo-Pak border. The inauguration was attended by eminent dignitaries such as Narinderpal Singh […]

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Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum

Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […]

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United Caps Joins Hands with Italian Firm Renantis’ 46.8 MW Wind Farm

Italian renewable energy firm that develops, designs, builds and managees clean energy plants, Renantis has entered into a power purchase agreement (PPA) with United Caps, a packaging firm. Renantis will be covering the output from its 47 MW Åliden wind farm. The wind facility has been operational since 2019 in Sweden. The 46.8 MW facility, […]

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Qcells Supplier Hanwha to Invest $147 Million in Georgian Facility

Hanwha Advanced Materials Georgia, a manufacturer of lightweight advanced materials for sustainable technology, will invest about $147 million in a new manufacturing facility to supply the Qcells facility in Cartersville. Georgia Governor Brian Kemp said that the Hanwha investment will create more than 160 new jobs in the City of Cartersville. Hanwha Advanced Materials Georgia, […]

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Albemarle Corp will Invest $1.3 billion in USA Lithium Battery Plant

Lithium and bromine giant Albemarle Corporation that offers essential elements for mobility, energy, connectivity and health, has announced plans to build its lithium hydroxide Mega-Flex facility in Chester County, South Carolina. Albemarle says that the facility includes an initial investment of at least $1.3 billion to help meet the surging demand for domestic and international […]

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Fintel Picks Windey to Supply for 810 MW Onshore Wind Farm

Wind energy firm in the Balkans, Fintel Energija, has picked Chinese OEM Windey to supply for its Maestrale Ring project in Serbia worth 854 MW capacity. This is said to be the largest European onshore wind farm.   The agreement signed between the two firms entails the supply as well as installation of 112 of […]

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Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022

Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […]

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