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Renesola Signs Cooperation Agreement for Solar PV Manufacturing Plant

Renesola Energy Nantong (a joint venture between Zhongnan Industry and ReneSola Yixing), signed a cooperation agreement with Hai’An Economic and Technological Development Zone to set up the new manufacturing. The total investment of the project will be 2 billion yuan, mainly for Solar PV Products and Sales. Renesola Energy Nantong which is a joint venture […]

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Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary

Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […]

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KKR Launches Renewable Energy Platform ‘Virescent’ in India

Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […]

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Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan

Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […]

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Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project

Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the  fate of the 28MW already built, or the power generated there, or even the […]

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NV Energy Requests Bids for Major Addition to Renewable Energy Portfolio

NV Energy today issued a request for proposals to add new renewable energy projects to its portfolio. This announcement follows the Public Utilities Commission of Nevada’s (PUCN) December 2019 approval of 1,190 megawatts of new solar energy and 590 megawatts of battery storage to be built in Nevada and serving customers by Jan. 1, 2024. […]

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Total Wins 20% of the Latest National Solar Tenders in France

Total has been awarded 67 MWp of solar projects representing 20% of the volumes awarded in the eighth period of national solar tenders called in France Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20 percent of the […]

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Global Solar Installations to hit 115 GW in 2020, Only 4.9 GW for India: WoodMac

As global solar PV markets continue to weather the challenges posed by the pandemic, solar PV installations are expected to hit 115 GW dc this year. As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GW dc this year, according to […]

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Neoen Completes Financing of Largest Solar Farm in Australia

Neoen has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm in Queensland which will be the largest solar farm in Australia Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm […]

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