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solar energy projects

Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform

Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […]

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Vestas Bags Wind Orders Worth 500 MW in Brazil and USA

Global wind energy major Vestas has announced that it has secured two orders for almost 500 MW of wind energy projects in Brazil and USA. In Brazil, the firm has signed a new agreement with Casa dos Ventos for the 360 MW Babilônia project, located in the cities of Morro do Chapéu and Várzea Nova, […]

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SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh

SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […]

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Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad

In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade.  The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […]

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MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […]

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RWE Concludes Tax Equity Financing on 220 MW Cranell Onshore Wind Farm

RWE Renewables, one of the world’s leading renewable energy companies, has completed the successful tax equity financing of its 220-megawatt (MW) Cranell Onshore Wind Farm in Refugio County, Texas. The company secured tax equity financing with JPM Capital Corporation upon the Cranell project achieving commercial operation in the third quarter of 2020. “We are proud […]

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Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality

Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change.  The firm stated that the mission […]

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700 MW Allocated to Small Scale PV Developers in Poland’s Latest Renewables Auction

In Poland‘s latest renewables auction of the year, the solar grabs 700 MW for small-scale photovoltaic (PV) plants. The country’s Energy Regulatory Office (ERO) reported a minimum price of PLN 228.7/MWh (USD 61.2), while it was PLN 269.0 in the auction held last year. ERO announced the results on 18th December 2020, declaring that or […]

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An Apple Electric Car? The EV Market Welcomes It

An Apple Electric Car, irrespective of the details like price and technology, will add more momentum to the EV market With a global news agency (Reuters in this case) almost confirming Apple’s plans for an electric car, one must realise what this means. For one, there is the usual promise of the car achieving a […]

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