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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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Sono Motors signs up new Finland partner for solar car

Germany’s Sono Motors has signed up a new partner for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks with the electric carmaking arm of indebted Chinese property developer Evergrande. Sono said on Tuesday it would produce its first vehicles in Finland with supplier Valmet Automotive, […]

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Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project

ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […]

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Tata Power Solar Commissions 160MW AC solar project in Rajasthan

Tata Power Solar, a major integrated solar company and a wholly-owned subsidiary of Tata Power, has commissioned a 160MW AC solar project at Jetstar, Rajasthan. Approximately 6,75,000 numbers of monocrystalline PV modules were used in this installation and it will produce 387MUs of energy per year, an official statement said. “The Jetstar project was completed […]

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Surat’s First Textile Market Solar Powered Now, By Goldi Solar

Surat-based Goldi Solar, a key solar panel manufacturer and EPC services provider has solarized Surat’s First Textile Market for Avadh Group. Avadh is a real estate company focused on residential as well as commercial development. The market is located in the heart of Umarwada, Surat district. The project will be completed in three phases, of […]

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Uranium Miner Virginia Energy May Install 1000 Acres Solar Project in Coles Hill, Virginia

Uranium development and exploration company Virginia Energy Resources has signed an option agreement with a solar development company to evaluate the feasibility of a solar energy generation facility on 1,000 acres land owned by it at Coles Hill, Virginia, United States of America. If the solar project comes up, it would generate low carbon energy […]

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CERC allows PXIL to introduce hydropower contracts in GTAM

In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […]

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AC Energy, ib vogt to invest in large-scale solar projects in Asia

AC Energy (ACEN) is linking up with German firm ib vogt to generate at least 1,000 megawatts (MW) of solar projects throughout Asia in the years ahead, it announced Monday. “The joint venture partners will focus on late-stage, shovel-ready projects in Indonesia, Vietnam, Malaysia, Laos, Bangladesh, and other countries in the region,” said the Ayala-led […]

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Risen Energy launches ultra-low-carbon BIPV and HJT products

Risen Energy, a solar module manufacturer based in China, recently concluded its press conference in Ninghai, Zhejiang province, for the launch of the latest lineup of building-integrated photovoltaic (BIPV) products, which included Super Top, Super Tile, alongside its latest heterojunction (HJT) offering, Hyper-ion. The entire lineup boasts further reduction in carbon use and improved power […]

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