SUBSCRIBE NEWS LETTER

renewable energy investment

BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India

Global renewable power producer BrightNight has announced plans for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The official statement of BrightNight held that the wind solar project will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers in the […]

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Qcells To Supply 2.5 GW Of Solar Panels To Microsoft

South Korean solar conglomerate Qcells and software giant Microsoft Corp have announced that they are partnering to enable a strong supply chain for new renewable electricity capacity projected to require at least 2.5 GW of solar panels and related services. This capacity is equivalent to power more than 400,000 homes. Microsoft aims at becoming carbon […]

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RWE, PPC To Develop Five Solar Power Projects In Greece

Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […]

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Islamic Development Bank To Offer Insurance/Finance For RE Projects

In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […]

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Marguerite To Invest EUR 60 Million In New Solar Platform

Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […]

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Largest Floating Solar of North India Worth 2 MWp Capacity Inaugurated in Chandigarh

North India’s largest floating solar power plant of 2MWp capacity has been unveiled at Chandigarh. The floating solar facility was inaugurated by the Governor of Punjab and Administrator of Chandigarh, Banwari Lal Purohit. The official statement of the UT held that the plant was commissioned by Chandigarh Renewal Energy and Science & Technology Promotion Society […]

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2023’s Promise for Solar. Will India Rise To The Challenge?

Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […]

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Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects

Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […]

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