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Exus Purchases 1GW Solar Power Project In Brazil

Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […]

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Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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MSEDCL’s 500MW Solar Tender Awarded to SJVN, Tata Power & Others

Maharashtra State Electricity Distribution Company’s (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. […]

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Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW

Following the successful conclusion of it’s phase I tender for 300 MW, Rewa Ultra Mega Solar (RUMSL) has initiated proceedings for phase 2. The plans for 600 MW  floating solar power project in Madhya Pradesh’s Omkareshwar Reservoir seem to be progressing well to make it among the largest floating solar projects worldwide in time. This […]

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Websol Energy To Set Up 1.8 GW Solar Cell And Module Facility

To give a major boost to its manufacturing capabilities, Websol Energy System has said that it will be setting up a new manufacturing plant for solar cells and modules in near future. This will have a capacity to produce up to 1.8 GW of solar panels. Industry experts see it as a step towards self-reliance […]

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Interconnected European Grid Key to Managing Variations In Solar Irradiance

The Decline In Solar Irradiance Has Sounded A Warning After it witnessed the wettest month in March 2022 in 61 years, Spain experienced the sharpest decline in solar irradiance in 28 years. The findings from a team of experts from solar data firm Solargis reveal that there has been a 50 per cent decline in […]

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JinkoSolar’s Malaysia Plant 100% Renewable Powered Now

In a welcome development, global module major Jinko Solar has ensured that it’s overseas plant at Malaysia is powered completely by renewable energy. That makes it the first overseas plant to be 100% renewable powered. Jinko Solar was the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell […]

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Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh

EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […]

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