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USA’s Atlas Renewable Energy Inks PPA for 902 MW Solar Project

USA-based Atlas Renewable Energy, which offers clean energy solutions to large energy consumers in the Americas, has entered into a solar power purchase agreement (PPA) with Albras, which is Brazil’s largest primary aluminium producer. The contract paves the way for Atlas to supply solar-generated power to Albras for a period of 21 years. The solar […]

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Cleantech Forays Into Open Access Of Wind Power, Signs Pact For 25MW Wind Projects 

Cleantech Solar, a renewable energy company, has now marked its entry into the open-access segment of wind energy with its latest proposed wind energy projects. The firm, in its latest development, has signed an agreement with international industrial customers in Maharashtra and Tamil Nadu for its upcoming 25MW wind power projects in these states.  As […]

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CWP Europe Collaborates With PowerChina Resource For 300 MW Serbian Wind Project

Renewable energy developer of Southeast Europe, CWP Europe has collaborated with PowerChina Resources for the construction of the largest wind farm in Serbia that will have a capacity of 300 MW. CWP Europe held that the investment agreement was signed in Belgrade on by Executive Vice President of PowerChina Resources He Shiyou and CEO of […]

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Mitsubishi Signs $692 Million Loan Agreement for Laos Wind Project

Mitsubishi Corporation has announced that it has signed a $692 million financing package for the Monsoon cross-border wind power project in Laos with the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation, and other lenders. This has been done with other project sponsors. Mitsubishi had previously announced that it was involved in […]

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ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi

The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […]

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SunSource Commissions 9 MW Solar Open Access Project in UP for Varun Beverages

A firm that provides solar-based energy and storage solutions, SunSource Energy has shared that it has commissioned a 9 MW (DC) solar open access project in Uttar Pradesh (UP) for Varun Beverages. Varun Beverages is a noted player in the beverage industry and among the largest franchisees of PepsiCo in the world. The PPA paves […]

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Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme

Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital  Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level.  In a release to the media, the firm said that it had raised seed funding through the programme. […]

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GIG, Shell Energy To Deliver 200MW Australian Energy Storage System

Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […]

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Thailand’s EV Pivot gathers Pace as BYD, Neta Break Ground For New Plants

Thailand, which has made the continuation of its status as a key auto hub key in the face of the EV transition, has just welcomed two Chinese giants, BYD and Neta Auto to the country, as the two firms broken ground on planned auto factories in Thailand for electric vehicles. The Thai government is pushing […]

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