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Adani Power Board Gives Nod for Delisting from Indian Bourses

The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the companys equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the []

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Sunnova Closes Sixth Residential Solar Loan Securitization

Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that once again, the secured financing market has []

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Enphase, ProSolar Upgrades Commercial Solar Plant at Bluebeards Castle Resort

Enphase Energy, a solar microinverters specialist, on Monday, said that a solar EPC company in the US, ProSolar Systems, has used its 7th-generation microinverters to restore and upgrade the commercial solar plant installed at the historic Bluebeards Castle resort in St. Thomas, US Virgin Islands. Initially, this solar plant was commissioned in January 2014 with []

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Japans JERA and Frances ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV

Japans largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, Frances leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle []

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JinkoSolar Bags 1st Project in Latin America for its Bifacial Modules

JinkoSolar Holding Co Ltd, a leading solar photovoltaic (PV) module manufacturer, on Monday reported that it has secured the first project in Latin America to supply its bifacial modules containing transparent backsheets. As per the deal, the company will supply 60.9 MW of solar PV modules for the first industrial hybrid plant, comprising solar and wind energy, []

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Solar O&M Market To Be $9.4 Billion By 2025

Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% []

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Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown

With the help of smart meters installed at the customers premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of []

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Funding For Renewable Energy Software Development- Clir Raises C $1.7M

Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding []

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Azelio, CITRUS Ink MoU for Energy Storage Supply to C&I Customers in Mexico, America

Swedish company Azelio has entered into a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to assess energy storage for agricultural, mining, food and beverage, tourism and the oil & gas industry in Mexico, North and Central America. Commenting on the partnership, Jonas Eklind, CEO of Azelio, said that CITRUS is []

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