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Partners Group To Acquire RE Platform Sunsure Energy For $400 Million

Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […]

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IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu

IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […]

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Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option

North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […]

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RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms

Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake.  The company’s net worth was Rs. 24.2 crore, and […]

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Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs

Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […]

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Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power

India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […]

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Goldi Solar Launches Hi-Efficiency Mono PERC DCR PV Modules

Goldi Solar continues to add to its range of offerings in the Mono Perc and bifacial segments. In the wake of the M10 wafer size and HELOC Plus series’ successful launches (G12 wafer size). Now, in the HELOC® Pro line, Goldi Solar offers its devoted consumers the Mono PERC range of DCR modules. With a […]

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MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender

The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder,  while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […]

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RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects

REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […]

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