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renewable energy investment

SolarEdge Brings Latest Offering 330kW Inverter & Optimiser to Market

Israel-based firm that delves into manufacturing solar inverters, SolarEdge has introduced a 330kW inverter, its latest offering along with a “complementing” H1300 power optimiser. The products are designed in a way that they can be installed on small- to medium-scale ground-mount arrays. The firm adds that the innovation is primarily for use in community solar […]

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Serentica Secures INR 2600 Cr Funding from PFC for Green Projects

Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […]

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Credit Fair & UTL Solar Unite to Offer Solar Rooftop Installation Financing Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with solar inverter firm UTL Solar, to offer collateral-free affordable financing solutions to enable individuals, MSMEs, housing societies and trust associations in setting up solar rooftop solutions. The collaboration is a part of Credit Fair’s mission to facilitate solar energy adoption across the country without […]

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China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023

China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […]

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Goldi Solar, Desert Technologies Sign MoU To Expand RE 

Indian Solar module manufacturer Goldi Solar has signed a Memorandum of Understanding (MoU) with Desert Technologies, a solar PV and smart infrastructure holding company based in Saudi Arabia. The two firms have planned to use this partnership to boost the expansion of renewable energy in India and Saudi Arabia.  The MoU, part of the India-Saudi […]

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KREDL Issues Tender for Consultancy Services for 500 MW Solar Park

Karnataka Renewable Energy Development Limited (KREDL) intends to develop a solar park of 500 MW AC in Aurad taluk, Bidar District, Karnataka under ISTS mode and requires consultant services for the same. The Central Electricity Authority (CEA) has finalized the location in Malegaon village of Aurad Taluk for establishing 765/400/220kV Bidar Pooling Station. The last […]

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Djibouti Launches Maiden Wind Farm with 60 MW Capacity

Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […]

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ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark

Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […]

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