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renewable energy generation

European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece

PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […]

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Modules for Egypt’s Largest PV Project to be Supplied by JA Solar

International solar cell and module manufacturing maker JA Solar has signed an agreement with AMEA Power, a UAE-based power developer. The firm has joined hands with a consortium consisting of China Energy Engineering Group, China Energy International Group and Zhejiang Thermal Power Construction aimed at the supply of integrated solutions for gigawatt-scale wind and photovoltaic […]

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Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil

Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […]

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New Zealand’s First Big Battery Project of 200MWh & Solar Farm in Offing From TotalEnergies

Saft, a subsidiary of French energy major, TotalEnergies, has bagged a project to establish New Zealand’s first big grid-connected battery. Saft was contending against Tesla and Fluence for the 100MW and 200MWh Ruakākā battery contract, which is worth $NZ186 million. The formal announcement for the project came in December 2022 from Meridian, which is the […]

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UAE to Invest $2 Billion in Solar Power in Zambia

In a bid to step-up the renewable energy expansion in the resource-scare continent of Africa, UAE has signed a key agreement with Zambia to provide $2 billion for the development of solar power plants. The said investment is expected to increase the power generation base the southern African country by more than half. Zambia President […]

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European Solar Residential Market Poised for Over 9% CAGR

A recent report that delves into the residential solar market of Europe, titled, “European Residential Solar Market: Analysis By Accumulated Installation, By Accumulated Capacity, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027″ predicts that it set for growth of 9.60% CAGR. The estimates have been made for a period […]

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Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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Uttar Pradesh Backs Farmers for Solar Plants With Subsidies

The state of Uttar Pradesh that has not shown much speed in terms of renewables growth so far seems to be making some moves of late. The Uttar Pradesh Power Corporation (UPPCL) has signed a power purchase agreement (PPA) with the farmers of the state for 7 MW of solar power generation projects under the PM […]

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