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solar energy

Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA

In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […]

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Duke Energy Operationalises 250 MW Solar Project in Texas

USA-based Duke Energy Sustainable Solutions (DESS) has operationalised its largest solar power plant ever – the 250 MW Pisgah Ridge Solar project in Navarro County, Texas. Charles River Laboratories International has signed a virtual power purchase agreement (VPPA) for 102 MW of the project over the next 15 years. This commitment will address the entirety […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm

JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […]

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Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar

An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […]

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Lightsource bp, AEP Energy Sign PPA for 188 MW Solar Farm in Indiana

Solar energy conglomerate Lightsource bp and AEP Energy Partners (AEPEP), a subsidiary of American Electric Power have signed a power purchase agreement (PPA) for a 188 MWdc solar project called Honeysuckle Solar located in New Carlisle, Indiana, USA. AEP Energy Partners is also one of the largest wholesale energy suppliers in the country. Lightsource bp […]

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Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria

The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […]

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French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece

French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […]

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Punjab Energy Development Agency Issues Tender for Supply of 53.69 MWp of Solar Plants

Punjab Energy Development Agency has issued a tender for the design, survey, supply, installation, testing, commissioning, operation and maintenance of 29 grid connected solar power plants of cumulative capacity of 53.69 MWp. The RfS has been issued for selection of Solar Power Generators (SPGs) for feeder level solarisation of 25000 grid connected agriculture pumps through […]

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