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solar PV power projects

Sungrow to Supply Inverter Solutions to 814 MWac Project In Qatar

Global leading inverter and energy storage system solution conglomerate Sungrow has announced that it will be supplying inverter solutions for a large solar power project in the Middle East. As per the announcement, it has signed a contract recently with Samsung C&T’s Engineering & Construction Group to supply its MV-integrated 1500V string inverter solution SG320HX […]

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NTPC, HPCL Sign Deal To Develop Renewable Energy Together

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […]

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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan

Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […]

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Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio

Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […]

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Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW

Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […]

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ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project

Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […]

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NTPC Crosses Key Milestone of 1 GW Renewable Capacity

NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […]

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