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renewable energy

NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK

Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […]

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Jammu Gets 1.5 MW Solar Power Plant From Vibgyor Energy

Solar Developer Vibgyor Energy which is focused on the C&I segment where it targets institutional, industrial, and commercial sectors has just completed installation of a plant in Jammu.     The 1.5 MW solar power plant by Vibgyor Energy has been installed at Jammu’s SIDCO industrial complex. Waaree Energies provided the project with high-performing 445 Wp […]

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Arevon Energy Secures 2 GW Supply of American Solar Modules

To support its expanding portfolio of renewable energy sources, a US based renewable energy leader Arevon Energy has enterted into a contract with First Solar for supply of sophisticated Series 7 thin film photovoltaic (PV) solar modules totaling more than 2 GW DC. A little more than 700 MW DC of the total volume secured […]

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Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects

Renewable energy major Masdar had opened a new dedicated office in the Saudi Arabia to strengthen its support for the Kingdom’s clean energy objectives. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 […]

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General Motors Secures 100% Energy Needed to Achieve RE Goal

Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […]

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Polish Energy Firm R Power Secures €30m Financing Agreement

Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […]

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Norwegian Energy Associations Norwea, Energi Norge Merge

Norwegian energy associations Norwea and Energi Norge have combined to create a new entity called Fornybar Norge. The new firm will be a large interest organisation committed to renewable energy in Norway. The said organisation will begin operations from January 1 next year. The merger received approval unanimously after both the companies organised their yearly […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy

Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy  with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […]

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