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Lightsource bp Invests in 703 MW Spanish Solar Projects

Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […]

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“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi

The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […]

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Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production

US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […]

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Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA

The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […]

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Yinson Partners with Verano For 800MW Solar Projects in Latin America

Chile-based renewable energy project developer Verano Capital, and Yinson Renewables Pte Ltd, a global solar IPP and part of Yinson Holdings Berhad group, have agreed to collaborate on renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to build a pipeline of over 800MW of utility-scale solar projects, of which 330MW are […]

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Wind must solve Data Access Issues to compete with Fossil: ONYX Insight

For the wind energy sector to become truly competitive and maximise its contribution to the energy transition, it needs to get better at sharing operational data, finds a report by ONYX Insight – a leading provider of predictive data analytics and engineering expertise to the global wind industry. According to the report, the wind energy sector […]

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R.K. Singh Press Conference- Rules On Green Tariff Coming, More..

At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […]

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GoodWe To Produce One million Units Per Year Post Expansion

PV Inverter manufacturer GoodWe has announced a major manufacturing  expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […]

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Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment

Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE).  The Rockefeller Foundation is focused […]

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