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solar power energy

PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge

The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […]

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European Energy Signs PPA With Australian firm Rio Tinto For 1.3 GWp Solar Farm

A Power Purchase Agreement (PPA) has been signed between the renewable energy company European Energy and Australia-based mining company Rio Tinto. The agreement aims to supply all the energy from the upcoming solar farm Upper Calliope Solar Farm to Rio Tinto. The agreement between European Energy and Rio Tinto is touted as the biggest solar […]

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Sembcorp Awarded 450MW Wind-Solar Hybrid Project In India

Sembcorp Industries (Sembcorp) a wholly owned renewables subsidiary of Green Infra Wind Energy Limited (GIWEL), recently announced that it received a Letter of Award (LOA) for its 450MW Inter-State Transmission System (ISTS) wind and solar hybrid project. The firm received the LOA from the Solar Energy Corporation of India (SECI).  Sembcorp’s Build-Own-Operate (BOO) project was […]

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Uttarakhand Chief Minister Wants All State-Buildings To Be Powered By Solar Panels

Uttarakhand Chief Minister Pushkar Singh Dhami wants all the government offices to have solar power panels installations in days to come. The Uttarakhand Chief Minister, to raise the solar installations in the state, directed the officers to make solar panels mandatory in all government offices. He said that the quest for solar power in government […]

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Neoen Starts Building 24.7 MWp Three Solar Farms in Italy

Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […]

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Solar Power Europe Revises Battery Regulation For PV Manufacturers

Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […]

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Odisha Issues Bid To Convert Diesel/Petrol Boats To Solar Boats At Chilika

Odisha Renewable Energy Development Agency (OREDA), the state nodal renewable agency of Odisha issued a tender to further boost solar boats at Chilika Lake in the state. The latest tender sought solar developers to take care of the design, engineering and retrofitting of the existing diesel and petrol-powered 28 tourist boats and 100 fishing boats. […]

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SAEL Secures $1 Billion For Solar, Other Renewables

SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […]

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Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024

Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024.  Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […]

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