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Chemical Giant Lanxess to Source Green Electricity from Engie

Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […]

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SolarEdge Announces 2022 Financial Results; Revenues Up By 58%

Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […]

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ISA Hosts 13 African Countries to Share Best Solar Practices In Delhi

The International Solar Alliance (ISA), in collaboration with Grid Controller of India Ltd (Grid-India) and West African Power Pool (WAPP), is hosting delegates from the West African Region in New Delhi from 14th to 18th February. About 60 participants from thirteen WAPP countries that include Burkina Faso, Gambia, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, and […]

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Italy to Welcome Enel Green’s Solar Panel Gigafactory

Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy.  Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […]

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TANGEDCO Solicits Bids for 420 MW Solar Power Under PM-KUSUM

Tamil Nadu Generation And Distribution Corporation Ltd (TANGEDCO) has issued a tender that invites bids for 420 MW of solar power under PM-KUSUM Scheme (Component A). The last date for the submission of bids is 08.03.2023. The bid processing fee is Rs 5000. The EMD is Rs 100,000. The ceiling tariff of Rs 3.30 has […]

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Renewable Energy Leads In Investor Interest In UP Global Investor Summit

After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […]

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Dehradun is Home to North India’s First Solar-Powered Hydroponic Plant

North India’s first solar-powered hydroponic plant has been inaugurated in Dehradun. With capacity at 71kw, the solar power plant sprawls to 6,000 square feet of area. It consists of 36 panels. Under these panels, 6000 vegetable pots can be positioned three feet above soil. This makes the plant extremely productive in nature. With the establishment […]

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Denham Capital Announces $200 Million for Solar Energy Generator Solops

Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […]

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HPX Concludes 1st e-Reverse Auction

Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […]

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