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energy markets

Equinor Commissions 531 MW Brazil Solar Farm

A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […]

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Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas

US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […]

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BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines

BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […]

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Husk Power Appoints Anubha Shukla Its Chief Commercial Officer

Husk Power Systems (“Husk”) announced the appointment of Anubha Shukla as Chief Commercial Officer (CCO). Shukla has been leading the growth of Husk’s rural e-commerce business. She now takes on the additional responsibility of curating a digital-first growth strategy across the entire company. Shukla’s diverse professional experience includes executive roles at global brands in strategy, […]

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Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat

Renewable Energy sector company, Rays Power Infra announced it has acquired three significant solar projects with a combined capacity of 520MWp. The company’s latest ventures into the renewable markets of Gujarat and Assam mark its operational expansion to 14 states throughout India. “These projects are a testament to the company’s expanding influence and commitment to […]

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SolarDuck, Green Arrow Capital Join Hands For 540 MW Hybrid Offshore Wind-Solar Farm In Italy

Dutch-Norwegian cleantech company SolarDuck, Italian Independent Asset Manager Green Arrow Capital, and Italy-based developers New Developments s.r.l have agreed to collaborate on the development of 120MWp Offshore Floating Solar Photovoltaic (OFPV) farm integrated with a 420MW Floating Offshore Wind (FOW) project in Corigliano, Calabria, Italy. According to a press release by SolarDuck, the project will […]

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EV Charging Firm TelioEV Ventures Abroad In Five Countries

EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […]

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Germany Issues Tender For 5.5 GW Offshore Wind Project

Federal Network Agency of Germany has launched auctions for offshore wind farms comprising a total of 5,500 MW at three centrally pre-investigated sites in the North Sea. The three sites with a combined 5,500 MW of projected generating capacity are situated about 110 km north-west of the island of Borkum, bordering the Netherlands exclusive economic […]

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Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case

Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […]

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