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ACWA Power Bags 250 MW Solar Projects in Ethiopia’s PPP Programme

ACWA Power has been awarded 250 MW solar projects by the PPP-DG of the Ethiopian Ministry of Finance. ACWA Power, a leading international developer has announced that it has been awarded 250 MW (2*125 MW) solar photovoltaic (PV) projects by the Public-Private Partnership Directorate General (PPP-DG) of the Ministry of Finance in Ethiopia. ACWA Power […]

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Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040

A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […]

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EDP Renewables Gets PPA for 490 MW in Colombia Auctions

EDP Renewables has secured two 15-year PPA at the recent renewable auction organised by the Colombian Government. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured two 15-year Power Purchase Agreements (PPA) at the recent renewable auction organised by the Colombian Government. […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Solar Manufacturing in India

Global Overview Globally, over 100 GW of PV capacity was installed in 2018, with China continuing to take the lead, as it added 45 GW of capacities during the year. Other countries to install large solar capacities included Europe, the U.S. and India. China is also the world’s largest producer of solar cell/module, followed by […]

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EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui

EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […]

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Botswana Becomes Member of International Solar Alliance

On the occasion, IIPA also inked the Memorandum of Understanding (MoU) with the ISA for capacity-building of its member countries in the area of climate change adaptation and mitigation under ITEC-programme of Ministry of External Affairs. South African country Botswana has become the member of the India-headquartered International Solar Alliance (ISA) after signing the ISA […]

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Acciona Acquires 4 GW Solar Plus Storage Projects in the US

Acciona will acquire a portfolio of solar projects worth 3,000 MW and an additional 1.000 MW in battery storage from Tenaska in the US Spanish infrastructure and renewable energy conglomerate, Acciona has announced that it has signed an agreement with the US-based company Tenaska to acquire a portfolio of solar PV projects in seven states […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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