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KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers

Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […]

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Duke Energy to Build Two 74.9 MW Solar Projects in Florida

Duke Energy Florida has announced the locations of its two newest solar power plants which will provide cleaner energy solutions to benefit Florida customers Duke Energy Florida (DEF), a subsidiary of Duke Energy, has announced the locations of its two newest solar power plants which will provide cleaner, smarter energy solutions to benefit Florida customers. “Our two […]

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WEC Energy to Acquire 80% Stake in 250 MW Blooming Grove Wind Farm

The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The WEC Energy Group has announced that the company has agreed to acquire an 80 percent ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois […]

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Andhra Pradesh Government Planning for 10 GW Solar Project

Andhra Pradesh is planning to set up a solar project with an installed capacity of 10 GW to meet the increasing demand for power in the agricultural sector The state government of Andhra Pradesh is planning to set up a mega solar power project with an installed capacity of 10 GW in order to meet the increasing demand for power and […]

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AB Inbev, Baywa Ink Biggest Ever European Corporate Solar Deal

Belgian beer giant AB InBev has entered into solar power purchase agreement (PPA) with BayWa r.e., global renewable energy developer, for its European brewing operations. The move came as the beer giant wants to power its European operations with 100 percent renewable electricity. As per the 10-year Virtual Power Purchase Agreement (VPPA), Munich based Baywa […]

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Renesola to Exit Solar Projects Worth 15 MW in Hungary

ReneSola has entered into an agreement to sell a portfolio of solar projects worth 15 MW located in Hungary to Obton, a leading solar investment company. ReneSola, a leading fully integrated solar project developer, has announced that it has entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment […]

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Bright Canyon Energy Acquires Ownership Interests in 2 Wind Farms

Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects worth 492 MW. Independent energy company Tenaska and Bright Canyon Energy announced that Bright Canyon has acquired ownership interests in two Tenaska-developed wind projects. The transaction, which closed December 20, 2019, includes the purchase of indirect minority interests in both Tenaska Clear […]

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RWE Renewables Brings 100 MW Solar Project Online in Texas

RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […]

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Promoters Help Sterling and Wilson Solar pay Rs 1000 cr in Outstanding Loans

Sterling and Wilson Solar has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of its outstanding loans. Sterling and Wilson Solar, the solar engineering and construction subsidiary of Shapoorji Pallonji Group, has reported that thanks to its promoters the company has paid Rs 1000 crore in dues of […]

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