SUBSCRIBE NEWS LETTER

renewable energy investment

$150 Billion Green Deals in India by 2030

International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […]

Read more

SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO

Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […]

Read more

China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association

The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […]

Read more

Sunseap, BP Batam Partner to Build 2.2 GWp Floating PV in Indonesia

Singapore-based solar developer Sunseap Group has signed a Memorandum of Understanding (MoU) with Badan Pengusahaan Batam (BP Batam) for the building of a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island for an estimated cost of US$2 billion. Under the MoU, Sunseap will develop a FPV and […]

Read more

India Planning Bids for 4 GWh of Grid-Scale Battery Storage System

In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […]

Read more

bp & EnBW make £10 bn Joint Bid for Scottish Offshore Wind Projects

Oil giant bp and Germany-based EnBW have submitted a joint bid, representing a a potential £10 billion investment, for Scottish offshore wind acreage which could support wind projects with 2.9 GW of capacity. The companies have applied for a lease area off the east coast of Scotland for the development of the project. But the bid seeks […]

Read more

Siemens to Build 100 MW Battery Storage Facility in Germany

Technology company Siemens Smart Infrastructure has signed a letter of intent with Zukunftsenergie Nordostbayern GmbH  for the turnkey construction of a 100 MW battery storage facility in Wunsiedel, Germany. The plant, with a storage capacity of 200 megawatt hours, is intended to use surplus renewable energy and cover demand peaks in the power grid. The 5,000 square […]

Read more

Highfield Solar Secures €160 Million Funding for 282 MW Solar Projects In Ireland

Ireland’s Highfield Solar has secured project funding for the construction and operation of two solar PV projects totaling 282 MW of installed capacity. these will be the largest solar projects in Ireland. A joint venture between a German company ib vogt, an Irish company Highfield Energy and a UK company Aura Power, Highfield Solar Limited […]

Read more

RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners

The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong  bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll