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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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Tender for Solarization of Agricultural Pumps Under KUSUM Scheme in Kerala

ANERT has issued a tender for the solarization of grid-connected agricultural pumps of cumulative capacity of 300 HP under the PM-KUSUM scheme in Kerala. The Agency for New and Renewable Energy Research and Technology (ANERT) has issued a tender for the rate contract for the solarization of grid-connected agricultural pumps of cumulative capacity of 300 […]

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Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac

A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […]

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Renew Financial has Invested USD 421 Mn in California Residential Solar

Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […]

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US Energy Storage Market Sets Power Capacity Record in Q4 2019

The US energy storage sector set a power capacity record in Q4 2019, deploying 186.4 MW and 364.2 MWh of storage. The United States (US) energy storage sector set a power capacity record in Q4 2019, deploying 186.4 megawatts (MW) and 364.2 megawatt-hours (MWh) of storage. According to Wood Mackenzie and the US Energy Storage […]

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REIL Tenders for 3.6 MW Rooftop Solar Projects in Bhopal

REIL has issued a tender for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal Rajasthan Electronics & Instruments Limited (REIL) has issued a tender, inviting bids from interested bidders for setting up 3.6 MW grid-connected rooftop solar PV projects in Mandideep, Bhopal (Madhya Pradesh). The scope of work for the selected […]

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Goldman Sachs Forms JV to Develop Distributed Solar Projects

US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […]

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Atlas and Anglo American Sign Largest Bilateral Solar PPA in Brazil

Atlas Renewable Energy and British mining company Anglo American have announced the signing of the largest solar energy PPA in Brazil Atlas Renewable Energy, a leading renewable energy company in Latin America along with British mining company Anglo American Plc, a leading global mining company, have announced the signing of the largest solar energy purchase […]

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CDPQ Increases Stake, now Majority Stakeholder in Azure Power

Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […]

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