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solar market

UPERC Decides To Wait For Project Commencement on Amplus Plea

The Uttar Pradesh Electricity Regulatory Commission, in an order on January 7, has dismissed a petition by Amplus Green to consider its 50 Mw Mirzapur solar project installation as a captive project, asking the firm to file its plea after project completion instead. The order came even as Amplus Greens Private Limited has reached an […]

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Nordex Announces Project Wins Worth 480 MW in Europe

The Nordex Group has announced that it has received orders totalling 480 MW from diverse countries in Europe. The Nordex Group has announced that in December 2019, the Group received orders totalling 480 MW from diverse countries in Europe. The first batch of orders that were won amounted to 308 MW and the main sales […]

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Mercedes-Benz & Geely Holding JV to Develop Premium EVs

Mercedes-Benz & Geely have established their global JV “smart Automobile” with the aim to transform it into a leading player in premium-and intelligent EVs. Mercedes-Benz AG and Zhejiang Geely Holding Group, the German and Chinese automotive groups, have announced that they have formally established the global joint venture (JV) “smart Automobile Co., Ltd.” for the […]

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BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables

BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […]

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Duke Energy’s 200 MW Wind Project in Texas Begins Commercial Operation

Duke Energy Renewables’ 200 MW Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019 Duke Energy Renewables, a commercial business unit of Duke Energy has announced that its 200-megawatt (MW) Mesteño Wind power project in Starr County, Texas began commercial operation on December 31, 2019. It is the company’s […]

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Kyocera, 24M Develop Worlds 1st SemoiSolid Li-ion Storage System

Kyocera has launched its residential energy storage system, Enerezza, the world’s first system built using 24M’s SemiSolid electrode manufacturing process Kyocera Corporation and 24M have announced that Kyocera has formally launched its residential energy storage system, Enerezza, the world’s first system built using 24M’s novel SemiSolid electrode manufacturing process. In addition, Kyocera has extended its […]

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Siemens Gamesa Selected for Largest US Offshore Wind Project

Siemens Gamesa has been named as the preferred turbine supplier for the 2.64 GW Dominion Energy Virginia Offshore Wind project in the US. Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640-MW Dominion Energy Virginia Offshore Wind project in the US. This is the largest offshore wind […]

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Suzlon Energy Defaults on Rs 7200 Cr Worth in Loans

Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. Debt-laden Suzlon Energy has announced via a regulatory filing that it has defaulted on loans amounting to Rs 7,256.38 crore. The total default amount includes a principal of Rs 6,717.44 crore and interest of Rs […]

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EV Startup Byton and Marubeni Strike Partnership in Series C Financing

Premium EV manufacturer BYTON and Marubeni Corporation have announced a strategic partnership for Marubeni to become a partner in the Series C financing. Premium electric vehicle (EV) manufacturer BYTON and Japan’s Marubeni Corporation have announced a strategic partnership. Marubeni will become a partner in BYTON’s Series C financing. The two companies will also explore opportunities […]

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