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Turnkey Capital Signs LOI to Acquire ‘Affordable Solar Solutions’

Turnkey Capital has announced that it has signed a letter of intent to acquire Affordable Solar Solutions (“Affordable Solar”), a solar photovoltaic (PV) design and installation firm currently servicing the Southeastern U.S. Affordable Solar was founded to address the way that society thinks about and uses energy. With a focus on seeking solutions to the world […]

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Saitec Offshore and RWE Award Contract for DemoSATH Floating Project to Ferrovial

Bilbao, 28 October 2020.- Leading global infrastructure operator Ferrovial has been selected for the manufacturing and assembly of the SATH floating platform in the DemoSATH project lead by Saitec Offshore Technologies in collaboration with RWE Renewables. The construction package will last 14 months and covers site preparation, concrete precasting, procurement of steel bulkheads and assembly […]

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Neoen Completes Financing of Largest Solar Farm in Australia

Neoen has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm in Queensland which will be the largest solar farm in Australia Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm […]

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NIPSCO Announces New Indiana-Based Solar Projects To Power 270,000 Homes By 2023

Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that it will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy. NIPSCO has finalized three build transfer agreements […]

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Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW

“Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […]

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Tri Global Energy and CIP Start Operation of 162 MW West Texas Wind Project

Renewable energy developer, Tri Global Energy, announced today that project owner and partner, Denmark-based Copenhagen Infrastructure Partners (CIP), has achieved commercial operation of Glasscock County’s 162-megawatt (MW) Bearkat II, the second phase of the Bearkat wind energy project. Bearkat II will provide numerous benefits to the county and the local community. “Over the life of the project, […]

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MNRE Drafts Policy to Promote DRE Livelihood Applications in Rural Areas

In order to promote DRE livelihood applications in rural areas of the country a draft policy framework is being proposed by MNRE The Ministry of New and Renewable Energy (MNRE) has notified that in order to promote Decentralised Renewable Energy (DRE) livelihood applications in rural areas of the country a draft policy framework is being […]

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NEEPCO Tenders for O&M of 5 MW Solar Plant in Tripura

NEEPCO has issued a tender, seeking assistance in the execution of the day-to-day O&M work of the 5 MW solar plant at the Tripura Gas Based Power Plant. The North Eastern Electric Power Corporation (NEEPCO), a subsidiary of NTPC, has issued a tender seeking assistance in the execution of the day to day operation and […]

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Scatec Solar acquires SN Power, building a global leader in RE

Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […]

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