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renewable energy

USAs P&G Collaborates with ENGIE for New Texas RE Project

USAs FMCG Company, P&G (Procter and Gamble) and utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from ENGIEs Sun Valley Solar project. What the Collaboration Offers According to the document, the Sun Valley project, which is located 65 miles southwest of Dallas in Hill []

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What Are Climate Bonds?

According to the United Nations Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate []

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Tata Power RE, Three Other Firms Win RUMSLs 750 MW Hybrid Project

A joint venture company between The Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVN), Rewa Ultra Mega Solar Limited (RUMSL) has released the results of 750 MW hybrid (wind+solar) project. Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared the winners []

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Trina Storage Enters US Market With New Utility Scale Battery System- Elementa

Germany-based global energy storage solution provider Trina Storage is premiering at North Americas key solar event, Solar Power International (RE+) 2022, that will take place in Anaheim California and showcase its new but flexible, safe and high-performance battery system called Elementa. Trina Storage will display the new Elementa Battery system during the solar event. Trina []

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USAs Jingoli Power Launches Solar EPC Division To Expand RE Services Portfolio

US-based Jingoli Power has announced the launch of a new solar engineering, procurement and construction (EPC) division in the company as part of its rapidly growing renewable energy services portfolio. Jingoli Power provides professional services like planning, survey, evaluation and cost estimation to contractor management and tender-process management for complex electric utility construction projects.  It []

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TSREDCO Floats 16 MW Grid Connected Rooftop Solar Tender in Hyderabad

Telangana State Renewable Energy Development Corporation Ltd (TSREDCO) has invited a tender for 16MW grid connected (13 MW + 3 MW) & 14 MW (11MW + 3 MW) through captive mode + 2 MW net-metering mode) grid-connected rooftop solar systems on the cycling track for Hyderabad, Telangana under RESCO model and the global competitive bidding []

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KKR Invests in Hero Future Energies in $450 Million Transaction

New Yorks Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (HFE)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth []

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Tata Power RE, Three Other Firms Win GUVNLs 750 MW Solar Project

The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners.  Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a []

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FTC Solar Launches New 1P Solar Tracking System

Texas-based FTC Solar, that supplies solar tracker systems, software, and engineering services, has announced that it has introduced a new and differentiated, one module in portrait (1P) Solar Tracker Solution called Pioneer. Nagendra Cherukupalli, Chief Technology Officer, FTC Solar, said, Pioneer achieves a full 18 to 36 per cent pile count reduction per megawatt vs. []

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