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IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr

RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […]

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Emergence of Asia-Pacific Renewable Energy Sector

By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai  The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production.  Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […]

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IREDA Signs MoU With NHPC for Developing Renewable Projects

IREDA has signed an MoU with NHPC for providing its technical expertise in developing renewable energy projects for the next 5 years IREDA signs a memorandum of understanding (MoU) with NHPC Ltd. for providing its technical expertise in developing renewable energy projects for the next 5 years pic.twitter.com/JLqf91hsR8 — Prasar Bharati News Services पी.बी.एन.एस. (@PBNS_India) […]

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Saving Your Rooftop PV Plant From a Lighting Strike

Background Residential PV systems are generally installed on the rooftop of residential buildings, with a large metal surface area, higher distance from the ground and exposed location. That makes these PV systems a possible target for lightning during thunderstorms. Thus, having good lightning protection and grounding becomes key to avoid any incidents that could cause […]

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Sungrow Ends 2020 on High, Crossing 7 GW PV Inverter Shipments in India

Sungrow, the global leading inverter solution supplier for renewables, declared that its cumulative shipments to India crossed 7 GW by the end of 2020, testimony to its wide acceptance among the leaders in India’s growing decarbonized energy space. Accelerated growth during a tough year. During this year, the Indian market saw a series of tenders […]

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ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition

APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […]

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Stem Awarded 68 MWh Storage Projects to aid Low Income California Families

Stem, an AI-driven storage systems provider, has bagged 68 MWh storage projects in the latest California SGIP Non-Residential Equity lottery. Stem Inc, a leading artificial intelligence (AI)-driven energy storage systems provider has announced that it, along with partners, has been awarded 68 megawatt-hours (MWh) in storage projects from the December 2020 California Self-Generation Incentive Program […]

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Vistra Brings Online its 1200 MWh Battery Storage System in California

Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […]

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