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Sonnedix Signs 150 MWp Solar PPA with Equinix in Spain

European renewable energy producer Sonnedix has signed a 10-year solar pay-as-produced power purchase agreement (PPA) in Spain with digital infrastructure company Equinix for 150MWp solar. This PPA marks a key milestone for Sonnedix as its largest transaction signed to date in Europe, and its first time establishing a long-term relationship with a global leader in […]

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Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates 

A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country.  The report estimates that the […]

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CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case

In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat.  The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […]

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ANERT Establishes First Solar Plant in Kerala for Solar-Powered Cold Storage & Backup

Kerala has welcomed its first 10mt solar-powered cold storage with a backup of 36 hours. The 7kw solar plant has been launched by Minister of Electricity, Kerala, K.Krishnankutty.  The project is valued at Rs 25 L. The project has been inaugurated by the Agency for Non-Conventional Energy and Rural Technology (ANERT). Thr solar cold storage […]

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Wärtsilä Grabs 114MWh UK Storage Project From EDF Renewables

Technology major Wärtsilä has bagged EDF Renewables order to deliver a grid-scale energy storage system (ESS) in Bramford, UK having a capacity of 57 MW / 114 MWh. The ESS project will support the transition to a decarbonised electricity system and help achieve the UK’s net zero goals. Wärtsilä said that the order was booked […]

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Supply Chain Startup Solar Ladder Secures Rs 11 Crore Funding

In a key development that signifies the expanding solar power supply chain in India, Mumbai based Solar Ladder has announced that it has secured Rs 11 crore in seed funding. Solar Ladder is a platform that manages the supply chain for solar installation firms. The funds have been raised from Axilor Ventures, Titan Capital, DeVC, […]

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KKR Purchases $550 Million Loan Of SunPower

North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […]

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Renewable Energy: Looking Beyond Gujarat In 2023

The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]

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7 Reasons Why Renewable Energy Can Be A Life Saver In Disasters & Conflicts

Several coastal Indian states along the Bay of Bengal have often witnessed repeated cyclone episodes. Such devastating extreme weather events have created massive destruction of the power infrastructures like electric poles and grids in the past. On the other side, most of the eastern Indian states lying close to the Himalayas have been earmarked as […]

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