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Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […]
New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […]
Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […]
USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […]
Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […]
A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […]
Steel giant Jindal Stainless has announced that it will install solar power panels of over 27 MW at its facilities to further the cause of decarbonisation of its industrial processes. Jindal said that its two rooftop solar plants will be: 21 MWp capacity at Jajpur unit (Odisha) and 6 MWp capacity at Hisar unit (Haryana). […]
Solar energy conglomerate Lightsource bp and AEP Energy Partners (AEPEP), a subsidiary of American Electric Power have signed a power purchase agreement (PPA) for a 188 MWdc solar project called Honeysuckle Solar located in New Carlisle, Indiana, USA. AEP Energy Partners is also one of the largest wholesale energy suppliers in the country. Lightsource bp […]
Telecommunications firm Vodafone and Centrica, international energy services and solutions company, have entered into a second corporate Power Purchase Agreement (PPA). They have joined hands with MYTILINEOS S.A, a leading global industrial and energy company to facilitate the output from five solar farms that are in the works in England. These will cumulatively generate 216 […]
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