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solar and storage

JSW Energy Marks Entry into Energy Storage With LoA from SECI

A subsidiary of JSW Energy Ltd, JSW Renew Energy Five Limited has announced that it has received a Letter of Award for standalone battery energy storage systems from Solar Energy Corporation of India Limited (SECI). The cumulative capacity of the BESS projects is 500 MW/1,000 MWh which entails two projects each of 250 MW / […]

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Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia

Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […]

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Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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REIL Issues Tender for 50 MWp Grid-Connected Solar Power Plants

Rajasthan Electronics And Instruments Limited has issued a tender for 50 MWp grid connected roof top and small ground mounted solar power plants for government buildings in different states/ union territories of india under RESCO model. The tender fee is INR 25,000 and the contract will be on turnkey basis. The bid opening date is […]

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Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment

Officials present in one of the sessions on the first day of ‘Invest Madhya Pradesh-Global Investors Summit’ that is being held in Indore, said that the development work on three floating solar power plants on water reservoirs in the state of Madhya Pradesh is about to commence. The investment into the three floating solar power […]

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Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System

ONGC Tripura Company Ltd and Assam Power Distribution Company Ltd have joined forces for the development of a Battery Energy Storage System Project of 250 MW / 500 MWh capacity in Guwahati. Valued at INR 2000 Cr, the project will be executed in a phased manner. The agreement was signed in the presence of Nandita […]

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USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California

Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […]

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EDF Renewables, Luminous Energy to Build 800 MW Solar Project in UK

EDF Renewables and Luminous Energy have announced their plans for the development of a solar power farm coupled with battery based energy storage infrastructure in the east Midlands region of the United Kingdom. The two companies will also undertake a public consultation process before the execution. EDF Renewables is a wholly-owned subsidiary of French utility […]

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