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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata

IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […]

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EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month

The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’.  The government agency is now undertaking stakeholder consultations to […]

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Woochong Um Is CEO At The Global Energy Alliance for People and Planet

The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Woochong Um as its new Chief Executive Officer. Woochong Um will lead GEAPP following his tenure with the Asian Development Bank. GEAPP is a multi-sector alliance created in 2021 to address ending energy poverty and tackling the climate crisis through a […]

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ISA Inks Pact With Bhutan For Development Of Solar Projects

The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […]

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Avaada Energy Wins 250 MW Solar-Wind Hybrid Project From NTPC

Indian renewable energy company Avaada Energy recently announced winning a 250 MW solar-wind hybrid power project in a tender issued by the National Thermal Power Corporation (NTPC). Earlier, NTPC had issued a tender for the selection of hybrid power generators to supply 1000 MW of power through ISTS-connected wind-solar hybrid projects. Avaada Energy secured a 50 […]

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Juniper Commission’s 70 MW Maiden Wind Project In Gujarat

Juniper Green Energy has commissioned its maiden wind power project, which can contribute 70 MW to Gujarat’s renewable energy capacity. Currently, Gujarat has 25.2 MW operational capacity as part of the project’s progressive rollout. Juniper’s project was commissioned in almost 9 months before the scheduled commercial operations date (COD) of the project. This project is […]

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PM Surya Ghar: MNRE Proposes Rating Of Rooftop Solar Vendors

The Ministry of New and Renewable (MNRE) today published the draft guidelines under the newly announced PM Surya Ghar Muft Bijli Yojana. The new draft norms proposed the concept of rating the vendors installing rooftop solar systems for the residential consumers. The ministry said that the vendors would be rated based on the feedback of […]

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