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Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam

Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […]

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AIP Invests in Longroad Energy’s 215 MW Solar Assets

After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […]

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ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton

New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […]

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Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy

French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […]

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Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece

The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […]

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547 Energy and Enora Secure PPA for 153 MW Wind Project in Greece

547 Energy in partnership with ENORA has been awarded a 20-year PPA by the RAE in Greece for a 153 megawatt (MW) wind energy project. 547 Energy, the renewable energy platform of Quantum Energy Partners, has announced that its affiliate, 547 Energy International European Holdings in partnership with ENORA has been awarded a 20-year power […]

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Innogy & Asia Cement to Develop 448 MW Offshore Wind Farm in Taiwan

innogy has partnered with the Asia Cement Corporation to continue the development of the 448 MW Chu Feng offshore wind project off the coast of Taiwan. innogy, one of Europe’s leading energy companies, has partnered with the Asia Cement Corporation to continue the development of a major offshore wind project off the coast of Taiwan. […]

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Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil

Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […]

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Significant Investment Needed to Transform Africa’s Energy System

IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […]

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