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renewables

China Underlines Renewables Dominance With Best Ever Global Inverter Rankings

Chinese inverter manufacturers have bagged 6 out of the top 10 spots in the 2021 rankings of global inverter majors by volumes shipped. The rankings, released by IHS Markit, will have come as no surprise to observers, having seen the strong push by these players over the past few years. The only surprise is within […]

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“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA

The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […]

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Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables

The outcome of GBC 3 (third ground breaking ceremony) has been quite fruitful for the state of Uttar Pradesh in the renewable energy sector development and energy transition. In the most recent case, key players have vowed to invest in the renewable energy segment as investment proposals of Rs 4782 crore have come up for […]

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EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End

EDF Renewables, UK, has begun to prepare and construct the site on two approved solar farms in the UK, with the projects totaling almost 100 MW every year. The solar projects are 49.9 MW each in different parts of UK. The first solar project will begin to generate power in the end of 2022. EDF […]

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EDF Renewables Signs1 GW of Solar & Storage Projects in New York

France-headquartered renewable energy producer, EDF Renewables has been awarded three large solar projects by New York State Energy Research and Development Authority (NYSERDA). The total capacity of all three renewable projects is 1GW which is including with 20 MW of co-located battery storage also.  EDF Renewables will install a 350 MWac solar power plant with […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Renewables To Constitute 33% of China’s Electricity By 2025

China’s planning agency has formulated a new five year plan for the development of renewable energy in the country and aims to equip the grid with 33 per cent of power coming from renewable sources by the middle of this decade. The share of renewable energy in the national grid was 28.8 per cent in […]

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Rural Renewables Focused OMC Power Raises Funding From Japan’s Chubu Electric

Indian rural renewable energy service firm, OMC Power has announced getting financial backing for their planned expansion of green energy production, storage, and distribution portfolio in rural India.  Chubu Electric Power Co., Inc., which is the 3rd Largest Power Generation Firm in Japan, has made this investment through a Share Subscription Agreement with OMC Power. Chubu […]

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