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NTPC, Avaada Emerge Winners for MSEDCL’s 500 MW Solar Project Phase VIII

The 500 MW grid-connected intrastate or interstate solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded NTPC Renewable Energy and Avaada Energy as the winners.  200 MW were awarded to NTPC Renewable Energy at a quote of Rs. 2.82/kWh. Avaada Energy requested 500 MW at Rs. 2.83/kWh, but was […]

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […]

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Shell & Green Tie Capital’s Solar Project in the Offing in Spain

Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […]

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Hyderabad All Set for Solar Rooftop Cycling Track in 2023

Telangana Municipal Minister K T Rama Rao has revealed that Hyderabad is all set to witness the establishment of its maiden cycle track, which will host a solar roof to employ solar panels for power generation. The construction will be on the lines of Daejeon and Sejong cycle highways in South Korea. The Minister laid […]

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Robotic PV Panel Cleaning Firm Airtouch Solar Signs Agreement with ReNew Power

Israel-based robotic PV panel cleaning specialist, Airtouch Solar has signed an agreement with ReNew Power, a leading Indian start-up that delves into renewable energy. Airtouch Solar signed orders in an overall scope of approximately USD 3.3 million with the Indian mega-corporation ReNew Power for the supply, installation, operation and maintenance of solar panels cleaning robots […]

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Sungrow to Supply Solar + Storage Project For Australia’s 100 MWh Project

China-based inverter and energy storage solution provider for renewable energy, Sungrow has announced that it will supply a fully integrated 55MW/220MWh Battery Energy Storage System (BESS) to Global Power Generation (GPG) for its 100MWac Cunderdin Project. Cunderdin lies 150 km east of Perth in Western Australia. Global Power Generation is Naturgy Energy Group’s subsidiary and […]

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Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk

Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […]

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US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio

To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […]

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SJVN Eyes 5000 MW Solar Power Projects in Punjab

State-owned Satluj Jal Vidyut Nigam (SJVN), which has emerged as a pioneer in the development of renewable energy in India, is eyeing the development of about 5000 MW of green energy in the state of Punjab. In a recent move, SJVN’s Chairman & Managing Director Nand Lal Sharma met Bhagwant Mann, the Chief Minister of […]

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