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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). []

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Sharp Decrease in Solar Installations in China After Policy Change

China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the []

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JERC Orders two UTs to Comply With RPO Targets

JERC has asked DNHPDCL and the electricity department of Daman & Diu to comply with the RPO targets set by the commission. The Joint Electricity Regulatory Commission (JERC) has been conducting suo-moto hearings in the matter of compliance of the Renewable Purchase Obligations (RPO) by the State of Goa and Union Territories. After its latest []

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Tata Power Solar Keeps Top EPC Spot in Indias Rooftop Solar Segment

Tata Power Solar has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a row Tata Power Solar, one of Indias largest solar energy company and Tata Powers wholly-owned subsidiary, has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a []

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Global Offshore Wind Capacity to Reach 142 GW by 2030: Report

The global offshore wind market is set to grow at a CAGR of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of 142 GW by 2030 The global offshore wind market is set to grow at a compound annual growth rate of 16.2 percent between 2019 and 2030, reaching a cumulative capacity of []

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Delays and Cancellations to Dampen US Microgrid Growth

Project cancellations and delays connecting planned projects to the grid will lead the US microgrid market to contract 17% from its 2018 peak Project cancellations and delays connecting planned projects to the electric grid will lead the US microgrid market to contract 17 percent from its 2018 peak by the end of this year, according []

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Skoda Installs 8.5 MW Rooftop Solar Plant at Pune Facility

Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the companys Chakan facility near Pune. European Car major Skoda Auto Volkswagen India has announced the installation of its 8.5 MW rooftop solar photovoltaic (PV) power plant at the companys Chakan facility near Pune. Last year, the company had inaugurated its first []

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Azure Powers $75 mn Private Placement Successfully Completed

Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares []

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Scatec Solar Bags 3 Solar Projects Worth 360 MW in Tunisia

Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched earlier. Scatec Solar has been awarded three solar power plant projects in Tunisia totaling approximately 360 MW, following an international tender launched by the Tunisian Ministry of Industry and SMEs earlier this year. We []

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