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Spain’s Iberdrola Has Brazil For Its First Floating Solar Project

The first floating solar power facility of global energy conglomerate Iberdrola will be coming up in Brazil soon. Iberdrola group has announced its plans to install the its first floating photovoltaic plant in the world in Brazil, through its subsidiary Neoenergia. The official statement held that the floating solar project will be built on the […]

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Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA

Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […]

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Canadian Solar Will Supply 550mwh BESS To Pulse Clean Energy For UK Projects

Global renewable major Canadian Solar has announced that CSI Energy Storage, part of its subsidiary CSI Solar, has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy. The products will be used in various UK-based energy projects. Canadian Solar said that the 550 MWh of energy storage […]

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Is Solar Momentum Stuttering To A Halt In India?

India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […]

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L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain

The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […]

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Delhi Solar Policy 2022- A Model For All MegaCities?

The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself.  A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland

A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […]

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Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives

The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today.  The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […]

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