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renewables

US-Based Odyssey Raises $5.34m to Expand Distributed RE

US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […]

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WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines

Singapore’s WEnergy Global, jointly with Maharlika Clean Power Holdings and Clean Grid Partners, collectively referred to as the Maharlika Consortium, through their Special Purpose Vehicle, Archipelago Renewables Corporation, has signed a Qualified Third Party (QTP) Service Contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in […]

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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Togo Invites RFP for 50 MW Solar Under World Bank’s Scaling Solar Program

Togo’s government has issued a request for proposals (RFP) from shortlisted bidders for a 50 MW grid-connected solar PV tender held in December 2019 as part of the Scaling Solar Initiative of the World Bank Group. The last date for submitting the online bid is December 15, 2022. To build two solar PV projects with […]

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S&P Global Launches REC Price Assessments for Brazil-India Turkey

S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […]

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Nagaland Unveils Unified Rooftop Solar Portal

The Nagaland Government has launched a unified rooftop solar web portal that is expected to give a fillip to greater generation and use of solar power in the residential sector by simplifying the approval process. KD Vizo, Principal Secretary for Power applauded the effort of the power department and said that the unified rooftop solar […]

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Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk

Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […]

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Egypt Looks to Construct Two Large Solar, Wind Projects

The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […]

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The Top List. Key Foreign Investors in Indian Renewable Sector

Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […]

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