SUBSCRIBE NEWS LETTER

renewable energy investment

BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines

BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […]

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NTPC’s 630 MW Barethi Solar Plant Promises To Power 3L Households

Union Minister for Power and New & Renewable Energy R. K. Singh and Union Minister for Social Justice and Empowerment, Virendra Kumar together laid the foundation stone for Barethi Solar Power Project of NTPC REL in Madhya Pradesh recently. This solar power plant is said to light up 3 lakh households, the government claimed. The […]

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Downing Achieves Planning Approval For 50 MW Solar Farm in UK

London-based Downing Renewable Developments, a subsidiary of investment manager Downing, has been awarded planning consent for a 49.9 MW solar farm, part of its 6GW pipeline of development projects across the UK. It has received the go-ahead for the Meerdyke Solar Farm near Marshland St James in Norfolk, which will produce enough renewable energy to […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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Sri Lanka Offers An Opportunity For India In Solar

Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […]

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ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report

According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […]

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MNRE Releases New Insurance Product List Covered Under IRDAI

The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […]

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Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore

Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […]

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5 Ways India Defies Global Rules For Solar Success

At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […]

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