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WEC Energy To Acquire 80% Stake In 250 MW Texas Solar Project

US energy conglomerate WEC Energy Group has announced that it has signed an agreement to acquire an 80% ownership interest in the Samson I Solar Energy Center. The investment by WEC Energy Group is expected to total approximately $250 million for the 80% ownership interest. WEC Energy said that Samson I is a 250-MW project […]

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Five Secrets About Solar & Wind Power You Should Know

As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […]

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Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23

Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […]

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With 2GW Solar Power Plans, FRV Enters Germany

Fotowatio Renewable Ventures (FRV) has said that it has entered the German market and intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) and renewable installations in the next four years. The company is owned by of Abdul Latif Jameel Energy and Canadian pension fund and infrastructure investor OMERS. Andreas Pfeifer, Managing […]

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Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta

Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […]

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RWE, PPC To Develop Five Solar Power Projects In Greece

Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […]

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Karnataka Renewable Energy Development Ltd Issues Tender for O&M of Solar Pumps

Karnataka Renewable Energy Development Limited has issued a tender through e-procurement for design, supply, installation, testing commissioning and 5 years comprehensive maintenance of AC off grid solar irrigation pump set of 3, 5, 7.5 & 10HP capacity to the farmers under “PM-KUSUM, Component-B Scheme”. Bidders shall be invited to implement: * Package-1: 3 HP Surface […]

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Revolutionizing Solar Energy Integration: The MARS Project and Electric Grids

A new era of energy systems dominated by green and renewable solar power is approaching. As the transition comes to fruition, it’s important to understand the type of current the grids use – Alternating Current (AC) – and to ensure solar integration without much hassle. Despite its benefits, solar energy involves a complex and lengthy […]

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