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solar power projects

Engie & Canadian Solar to Charge up UK Energy Storage Sector with 226 MWh BESS

French utility firm Engie has joined hands with Canadian Solar’s storage arm, e-STORAGE for two battery projects located in Scotland. e-STORAGE will be responsible for delivering 226 MWh DC of turnkey energy storage solutions to Engie in Scotland. Under the EPC, (Engineering, Procurement, and Construction) agreement, e-STORAGE will construct the two energy storage projects, boasting […]

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Goldi Solar Gets 190 MW Module Order From ENGIE India

Indian solar module manufacturer Goldi Solar, bagged a Modules Supply Agreement (MSA) with ENGIE India, a subsidiary of the France-based ENGIE Group—a global player in low-carbon energy and services.  The agreement entails the supply of 190 MW of modules for ENGIE India’s upcoming Sayla village project under a 25-year solar power purchase agreement with Gujarat […]

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Waaree Partners With IRCON To Supply Solar Modules To Karnataka

Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […]

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For India’s Renewable Energy Projects: A Creditworthiness Assessment Framework

India has set itself an ambitious target of meeting 50% of its energy requirement from renewable sources by 2030. To help power India’s sustainable energy vision, Renewable Energy (RE) projects must be sustainable by themselves which can only be attained through robust credit worthiness assessments in the RE sector. A reliable framework is essential to […]

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Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project

Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […]

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SECI Invites Bids for 400 MWp Domestically Manufactured Solar Modules

SECI has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 400 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for the bid submission is December 23, 2023. Bidding opens on the same day, that is, December 23, 2023. The total capacity of PV […]

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UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio

Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […]

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Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report

A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […]

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Tata Power Acquires Bikaner-III Neemrana-II Transmission Renewable Energy Project

Tata Power Co Ltd has won a bid for the acquisition of the Bikaner-III Neemrana-II Transmission renewable energy project valued at about INR 1,544 crore. The renewable energy project is of a special purpose vehicle (SPV) established by PFC Consulting Limited, an arm of Power Finance Corporation. The transmission project is be undertaken on a […]

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