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renewable energy investment

Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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JERA to Invest in Offshore Wind Farm in Taiwan

JERA has entered into an agreement with Macquarie Capital to acquire an equity interest in an additional offshore wind power project in Taiwan. Japanese power generator, JERA, which is a joint venture between Tokyo Electric Power Company Holdings and Chubu Electric Power Co, has announced that it has entered into an agreement with Macquarie Capital […]

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MNRE Clarifies December 2022 as Deadline for 175 GW Target

MNRE has clarified that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December 31, 2022. The Ministry of New and Renewable Energy (MNRE) has clarified via an official release that the deadline for India to achieve its renewables target of 175 GW installed generational capacity is December […]

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IEEFA Report on Pumped Hydro Storage in India

Five years ago, India committed to an ambitious transformational target of 275 gigawatts (GW) of renewable energy installations by 2027. The target for new installs of 30-40 GW annually puts India on track to be one of the largest developers of renewables globally, potentially second only to China. To do this, India must continue to […]

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Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List

According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […]

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KUSUM Scheme Greatest Setback for Small Manufacturers: Vikas Jain

KUSUM scheme will be the greatest setback for Indian solar manufacturers in the SME/MSME category. Small manufacturers are not eligible to meet the qualifying turnover condition for the scheme. KUSUM scheme was long awaited but we are highly disappointed to see the terms. We have already submitted our representation to the concerned authorities, says Vikas […]

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Total Begins Construction of 3rd Solar Plant in Japan

Total Solar International has announced the start of the construction of the company’s 52 MW Miyagi Osato Solar Park in Japan. Total Solar International, a wholly-owned subsidiary of the Total Group, dedicated to utility-scale solar plants, has announced the start of the construction of the company’s Miyagi Osato Solar Park, a large-scale solar plant of […]

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ASI Acquires ReneSola-Developed 55MW Solar Farm in Poland

This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of 55MW. Global asset manager Aberdeen Standard Investments (ASI) has acquired 100 percent stakeholding in ground-mounted solar farms developed by Renesola with 55 MW of capacity. This ReneSola-developed portfolio consists of 34 state-of-the-art individual projects with a total installed capacity of […]

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First in Finland: Elo Shopping Centre to Get over 1 MW Rooftop Solar Plant

This power plant is expected to be completed by the next month of the current year, and Helen Ltd is responsible for the construction of the project. In a bid to get power through renewable energy, Finland’s first roof mounted solar power plant with capacity of over 1 MW, which is currently under construction on […]

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