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solar power projects

Ireland’s RE Expansion Expected to Bring in Massive Investments by 2030

Ireland is expected to attract massive investment as the country is set to add 5.8 GW of renewable power capacity over the next decade Ireland is expected to attract massive investment as the country is set to add 5.8 gigawatt (GW) of non-hydro renewable power capacity over the next decade to reach a total 9.6 […]

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RES and Algonquin to Jointly Develop 480 MW Wind Farm in Texas

RES has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin RES (Renewable Energy Systems), one of the world’s largest independent renewable energy companies, has announced the agreement to jointly develop the 480 MW Maverick Creek Wind Project in Texas with Algonquin Power & Utilities Corp. Maverick Creek […]

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Australia Offers USD 340 Million in Climate Funding to Pacific Islands

Australia will be granting a USD 340 million climate change package to the pacific island countries to help them invest in renewable energy projects Prime Minister Scott Morrison has announced that Australia will be granting an AU$ 500 million (USD 340 million) climate change package to the pacific island countries. The move to grant the […]

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Assam Tenders for 8 MW Rooftop Plants in Residential Sector

Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […]

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Macquarie to Acquire 40% of Iberdrola’s 714 MW Scottish Offshore Wind Farm

Macquarie Green Investment Group has entered into an agreement to acquire a 40% stake in the East Anglia ONE offshore wind farm from Iberdrola Macquarie Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40 percent stake in the East Anglia ONE (EA1) offshore […]

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After High Court Stay on PPA Move, Andhra Strikes with Curtailment

The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […]

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India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC

In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […]

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Macquarie to Acquire 400 MW Offshore Wind Farm in North Sea

Macquarie Infrastructure and Real Assets has agreed to acquire the 400 MW wind farm BARD Offshore 1, from Unicredit. Macquarie Infrastructure and Real Assets (MIRA), via a Macquarie European Infrastructure Fund 5 led consortium, has agreed to acquire Ocean Breeze Energy, the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW […]

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RRB Energy Working on Business Model to Strengthen Presence in India

RRB Energy Limited has announced that it is taking strategic steps in order to ramp up its business in India RRB Energy Limited (RRBEL), a key part of the wind power sector, has announced that it is taking strategic steps in order to ramp up its business in India, and become a debt-free organization in […]

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