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renewable energy investment

JA Solar Will Set Up First US Solar Module Facility in Arizona of 2 GW

International solar cell and module manufacturing maker JA Solar has announced that it has leased space for its first manufacturing facility in the US in Phoenix of Arizona. JA Solar said that the new facility will produce high-performance photovoltaic (PV) products, and is expected to be operational by the fourth quarter of 2023. Attracting an […]

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OTPC, APDCL Collaborate For Rs. 2000 Crore BESS In Assam

ONGC Tripura Power Company Limited has informed that a Memorandum of Understanding (MoU) has been signed between OTPC and Assam Power Distribution Company Limited (APDCL) recently to develop a Battery Energy Storage System (BESS) Project having a total capacity of up to 250 MW / 500 MWh in Assam. OTPC and APDCL will incorporate a […]

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USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California

Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […]

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US based Enfinity Global Acquires 400 MW of Operating Solar Projects

US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […]

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First Group Captive Solar Plant for Residential Society from Tata Power RE Ltd

A subsidiary of Tata Power Tata and renewable energy giant Tata Power RenewableEnergy Limited (TPREL), has entered into an agreement with Vivarea Condominium, a residential society in Mumbai for the supply of solar power. The captive solar power plant of capacity worth 3.125 MW solar plant will be established at Himayatnagar, Maharashtra. The power plant will generate clean […]

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Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector

Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […]

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German Institution DEG Funds Solar Micro-Grids Development in Nigeria

Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […]

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