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Brazil Faces Indefinite RE Auctions Delay of Over 51GW Due to Coronavirus

Amid the outbreak of Covid-19, the Brazilian government has postponed the national energy generation and transmission auctions of clean energy comprising more than 51 GW which were scheduled for May this year, for an indefinite time frame, said the report. This includes auctions both A-4 and A-6, as well as tenders for the transmission lines, […]

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Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio

Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […]

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Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects

The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […]

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Wind Turbine Maker Vestas Feels the ‘COVID-19’ Heat; Suspends 2020 Guidance

Danish wind turbine manufacturer Vestas is now feeling the heat of coronavirus pandemic and has suspended its guidance for the year 2020 amid disruptions faced in continuing its normal business operations. The company, recently, revealed that the spread of the virus globally and the national measures implemented to contain it have eventually, however, caused disruptions […]

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Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus

ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […]

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Can SolarEdge’s Virtual Solar Show be the New Industry Trend Setter?

Amid a slowdown in business and economic activities across the globe mainly due to spread of coronavirus pandemic, Israel-based specialist in smart energy technology, SolarEdge Technologies (SolarEdge), has found a new way of interacting with its customers and various industry stakeholders. Thus, Nasdaq-listed SolarEdge is planning for an interactive virtual solar show which will be […]

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Midsummer Gets Production Line Order from Rusnano Group to Tap Russian Solar Market

Swedish solar energy technology solutions provider Midsummer has secured solar cell production line order from Rusnano Group, the Russian government-owned technology giant. This is the first order, which the company has bagged under the framework agreement it signed with Rusnano Group in September last year. Rusnano Group has aimed to develop the non-silicon flexible photovoltaics (PV) market […]

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BHEL Gears Up to Fight against Coronavirus Pandemic

Amid the ongoing crisis due to coronavirus pandemic in the country, state-owned power generation equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) said that it has now geared up to offer assistance in whatever way possible to India’s determination in combating this calamity. The New Delhi based engineering and manufacturing company said that it will keep […]

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