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solar energy

Tender Issued for 1.3 GW Solar Projects in Maharashtra Under MSKVY 

MSEDCL has issued a tender to procure 1.3 GW of solar power from grid-tied solar projects to be developed across 29 districts of Maharashtra. The Maharashtra State Electricity Distribution Co (MSEDCL), on behalf of the Maharashtra Government, has issued a tender to procure 1300 MW or 1.3 GW of solar power from grid-connected solar projects […]

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Exus to Develop 85 MW Wind-Solar Hybrid Project in Portugal

Exus Management Partners has announced that it will develop an 85 MW wind and solar hybrid project in northern Portugal. The renewables-focused independent investment and asset management firm has been chosen by an undisclosed third party to provide the complete end-to-end delivery of the country’s first third-party wind and solar hybrid project. Since no developers […]

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Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy

Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […]

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Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects

Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […]

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Statkraft’s First Wind Farm in Germany Will Generate 36 MW of Energy

Norwegian state-owned hydropower company Statkraft is set to build its very first wind farm in Germany on a 67-hectare forest area in Bramwald in northern Hesse. By 2025, the so-called Oedelsheim wind farm is expected to comprise 6 turbines which will generate 36 MW of energy, adequate to supply 20,000 households with wind power each year and […]

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EIB Backs €2 Bn Investment to Scale up use of Renewable Energy

EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […]

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New Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with 40 MW/120 MWh Battery Energy Storage System (BESS) at district Rajnandgaon, Chhattisgarh during the design, construction, commissioning and preparations […]

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Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA

The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […]

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Coal India Signs its First Solar PPA, 100 MW Deal With GUVNL

Coal India Limited has signed its very first PPA for the sale of 100 MW of solar power to Gujarat Urja Vikas Nigam Ltd (GUVNL). Coal India Limited (CIL) has announced that it has signed its very first Power Purchase Agreement (PPA) for the sale of 100 MW of solar power to the Gujarat Urja […]

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