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solar power

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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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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Vortex Energy Commences Construction of 110 MW Of Wind, Solar Projects In Poland

Vortex Energy, a renewable energy company based in Poland has started the construction of several of its projects including 53MW of onshore wind power and 57MW of PV solar power projects. These renewable energy projects in Poland are set to be finished atmost by 2025. Once completed the solar and wind projects will provide around […]

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SJVN Looks To Invest Rs 1300 Cr On Floating Solar In Goa

Government owned SJVN Green Energy Ltd (SGEL) has submitted a proposal to the state government of Goa under which it seeks to invest more than Rs 1,300 crore for the establishment of four floating solar projects in the western coastal state. The proposal holds that the total power generation capacity of the four floating solar […]

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Exus To Acquire 625 MW New Mexico Solar Portfolio

Exus North America, a renewables asset management and development firm, has announced its acquisition of New Mexico Renewable Development LLC (NMRD), a 15-project portfolio of solar farms in the state totalling 625 megawatts. The sale of the portfolio, owned 50/50 by energy holding company PNM Resources (PNM) and major utility American Electric Power (AEP), is […]

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Terra-Gen, Mortenson Activate Largest Solar Plus Energy Storage Project In US

Renewable power producer Terra-Gen and EPC firm Mortenson have announced the substantial completion and start of  the Edwards & Sanborn Solar + Energy Storage project, the largest solar + storage project in the United States. Mortenson was the full engineering, procurement and construction (EPC) contractor on both the solar and energy storage scopes. This project […]

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Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report

Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […]

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