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Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas

Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […]

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“Technology is the Catalyst for our Future Growth and Carbon Neutrality”

By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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Adani Green Energy Commissions 100 MW Solar Plant in Gujarat

Adani Solar Energy Kutchh Two, a subsidiary of Adani Green Energy AGEL has commissioned a 100 MW solar power project at Khirsara, Gujarat. Adani Solar Energy Kutchh Two Private Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 100 MW ac solar power project at Khirsara, Gujarat, ahead of its scheduled […]

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GE Renewable Energy scores another win in Vietnam

GE Renewable Energy announced that it has secured a 27.2 MW contract to supply 8 units of GE’s 3 MW-137 wind turbines to support construction of the Phuoc Minh Wind Farm, located in Ninh Thuan, in the South Central Region of Vietnam. A consortium of PowerChina Huadong Engineering Corporation, Henste Engineering and IPC Group will […]

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AMP Capital Joins Sterlite Power To Establish Transmission Platform

The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […]

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Japan’s Orix to Acquire 80% Stake in Spains’ Elawan Energy

Japan’s ORIX Corporation will invest in Elawan Energy, a global renewable energy firm headquartered in Madrid. Japan’s ORIX Corporation has announced that it has entered into an agreement to invest in Elawan Energy, a global renewable energy company headquartered in Madrid, Spain focused on the development and ownership of wind and solar PV power plants. […]

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Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad

In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade.  The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […]

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