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NTPC Increases Solar Output, Installs 69.5 GW Capacity

With the commissioning of the 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat, on August 15, 2022, NTPC Limited reached 69454 MW (69.5 GW Capacity) of group installed and commercial capacity. By installing renewable energy projects in its current stations as well as constructing new green field RE projects, NTPC is constantly reducing […]

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KREDA Issues Tender for Solar Battery Banks in Ladakh

Kargil Renewable Energy Development Agency (KREDA) has floated a tender for supply, Installation and commissioning of solar tubular gel battery banks of various capacities at various locations across the Kargil District in the union territory of Ladakh. A high-performance tubular gel battery with a polypropylene copolymer container should be used. A pressure regulation valve should […]

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US Investment Platform CleanCapital Invests in Largest Solar Project in Alaska

Renewable energy investment platform, CleanCapital has announced a corporate investment in Alaska-based solar developer Renewable IPP. The company has also made a commitment to fund an 8.5 megawatt (MW) solar project and the future development of a pipeline. The official statement of CleanCapital read that when completed, the 8.5 MW solar project, which will supply […]

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Oil Company Gulf Energy Sells 50% Stake In German Wind Farm

Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […]

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AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO

Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa

Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […]

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Solar Investment Fund SolRiver Capital Invests In Korsail Energy

US-based solar developer, Korsail Energy has announced recently that the company has  received a significant development finance commitment from the US-based renewable energy investment fund SolRiver Capital. According to Korsail, the company will complete its 2 GW worth of solar and storage projects with the help of this investment. Korsail Energy said, “With the help […]

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