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renewable energy

ITC Limited Commits to 100 Percent RE for all Energy Needs by 2030

ITC has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. Indian multinational conglomerate ITC Limited has announced that it has set itself a target to meet 100 percent of its purchased grid electricity requirements from renewable energy (RE) sources by 2030. As a part of []

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Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn

Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery []

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Peck Company Takes Over iSun Energy, a Clean Energy Product Innovator

US-based commercial solar engineering, procurement, and construction (EPC) firm The Peck Company has signed a binding term sheet to acquire iSun Energy LLC, a solar-powered electric vehicles (EV) provider. Peck will acquire iSun in an all-stock transaction. After taking over, Peck will change itself to iSun Energy and trade on Nasdaq under the ticker ISUN. []

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Canadian Solar Sells Two Solar Projects to BluEarth Renewables

Canadian Solar has announced it has sold ownership interest in its Hays and Jenner solar projects to BluEarth Renewables. BluEarth will also assume the management responsibilities of the projects. Located in southeast Alberta, both projects are 31 MWp (23 MWAC) in size. The projects are co-owned by Conklin Métis Local 193, an indigenous community-based in the rural hamlet []

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FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas

FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install []

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Pattern Energy Closes Financing & Begins Work on 1050 MW Wind Portfolio

Pattern Energy has completed financing and started the full construction process of its 1050 MW Western Spirit Wind projects in New Mexico Pattern Energy Group has announced that it has completed financing and started the full construction process of its Western Spirit Transmission line and its suite of Western Spirit Wind power projects totaling more than []

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Bruc Energy and Alter Enersun Partner to Develop 550 MW Solar Projects in Spain

The group, chaired by Juan Béjar, reached an agreement to buy 55% of 12 plants under construction and development in Andalusia and Extremadura. December 30th.-  Bruc Energy has reached an agreement with Alter Enersun to buy 55% of 12 photovoltaic solar power plants, totalling 550 MW. Both companies have created a new company called Bruc []

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Tata Motors Delivers Nexon EVs to Haryana Renewable Agency

Tata Motors has partnered with the Haryana Renewable Agency to deploy Nexon EVs in the state, as a part of its tender with the EESL. Tata Motors has announced that out has partnered with the Haryana Renewable Agency (HAREDA) to deploy Nexon EVs in the state of Haryana, as a part of its tender with []

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Electricity Generation From Renewables Increased 6.9 percent in Nov20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted []

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