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solar power developers

Curbs On Banking Of Power Risks Hurting Renewable Producers

A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […]

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Koch Invests $150 million in GameChange Solar

GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […]

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WBPDCL Issues Tender For 8 MW Solar Projects in Durgapur

The West Bengal Power Development Corporation Limited (WBPDCL) has issued an e-tender cum reverse auction for the development of 8 MW Phase-II grid-connected solar PV plants situated in Durgapur, West Bengal. The full scope of the project includes the design, engineering, manufacture/procurement, supply, erection, testing and commissioning of 8 MW Phase-II grid-connected ground-mounted solar photovoltaic […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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Shell Acquires Solar And Energy Storage Developer Savion

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […]

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Global Installed Wind Power Capacity to Grow at 9% Annually till 2030

Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […]

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NREL Researchers Offer Guidance for Solar Systems To Last

Scientists at the National Renewable Energy Laboratory (NREL) have laid out a cost-effective five-point plan to improve the reliability of solar panels in light of extreme weather, rapid innovation, and extremely competitive prices. In a commentary piece published in the journal Nature, Dirk Jordan, Teresa Barnes, Nancy Haegel, and Ingrid Repins urge the solar industry […]

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KKR Launches New RE Platform ‘Stellar Renewable Power

Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […]

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Sungrow Launches Ultra Powerful Inverter- SG350HX

Sungrow has launched its new star inverter, Sungrow’s star inverter, the SG350HX. The ultra strong string inverter achieves a max. power of 352kW, perfectly matching 182mm/210mm PV modules and leading to a higher DC/AC ratio. The inverter is considered the best solution from the firm to power the latest round of projects awarded under Malaysia […]

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