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solar electricity

DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt

DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […]

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John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote

At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […]

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US Residential Solar Financier GoodLeap Raises $800m

GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […]

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Neoen Commissions its 208 MWp Solar Park in Argentina

Neoen, an independent producer of renewable energy exclusively, has commissioned its Altiplano 200 solar power plant — a 208 MWp solar park located in the Salta province of Argentina. Benefitting from some of the world’s best sun exposure, Altiplano will be producing 650,000 MWh of solar powered electricity per year, equivalent to the annual electricity […]

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Power Trading Gets a Fillip With SC Judgement On CERC, SEBI Jurisdiction On Electricity Contracts

A key power sector reform which was held up due to the jurisdiction issues between SEBI and CERC has finally been resolved. On 06.10.2021, the long pending matter between SEBI and CERC regarding regulatory jurisdiction of Electricity Derivatives has finally got resolved with the Hon’ble Supreme Court favorably disposing of the matter in terms of […]

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PEDA Floats Tender to Set Up 220 MW Solar Plants in Punjab

The Punjab Energy Development Agency (PEDA) has invited applications from interested farmers for setting up solar PV power plants of individual capacity 1, 1.5 or 2 MW in Punjab under the PM-KUSUM Scheme for sale of power to Punjab State Power Cooperation Limited (PSPCL). The total aggregate capacity of solar power plants to be set […]

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New Electricity Rules Make Transmission Access Simpler

The Ministry of Power (MoP) has released the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021, which are aimed at allowing power sector utilities easier access to the electricity transmission network across the country. Transmission system is the vital linkage in the power sector value chain connecting generation and demand. […]

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Jharkhand CM Makes Case for Ghar Ghar Mein Solar

Jharkhand Chief Minister Hemant Soren on Friday called on common people to generate solar power in their backyards and promised subsidy for setting up the plants for which a new scheme will be launched. He promised that the surplus power will be bought by the state government which will also help people generate additional income. […]

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10.5 GW Solar, Wind and Storage Project in Morocco

British company Xlinks is developing a 10.5 GW solar-plus-wind project, combined with a battery storage facility, in Morocco, which will supply 3.6 GW renewable energy to the UK via the world’s longest subsea cables. Located in Morocco’s renewable energy rich region of Guelmim Oued Noun, it will cover an approximate area of 1,500km2 and will be […]

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