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Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq

Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […]

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Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million

American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […]

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ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023

Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […]

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IREDA Crosses Highest Annual Loan & Sanction Loan Disbursement for Renewable Energy Projects

Mini-ratna CPSE Indian Renewable Energy Development Agency Ltd (IREDA) has revealed that it has crossed the highest annual loan disbursement of Rs.16,071 crores (loan disbursement in FY 2021-22) in the history of the firm for the Financial Year 2022-23. IREDA shared that it exceeded the historical mark and touched loan disbursement of Rs. 16,320 crores. […]

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Agrivoltaics Progress As Solution for Food Security & Climate Change

The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […]

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Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas

Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […]

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ARENQ & RDL Technologies Forge Partnership for Battery Monitoring

Manufacturer and distributor of storage batteries, ARENQ, has forged a five-year partnership with RDL Technologies for battery monitoring with IoT (Internet of Things) devices. RDL Technologies is a manufacturer of IoT products and software solutions. The firm will look after the development of IoT devices that will upload data from the Battery Management System (BMS) […]

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LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona

LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […]

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