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Siemens Inks Long-Term Pact with EnergyNest for Energy Storage Solns

Siemens Energy, a division of global technology giant Siemens, has recently entered into a long-term partnership with the Norwegian technology company EnergyNest. EnergyNest, which is a startup in the space, is a supplier of thermal energy storage systems. The two companies joined hands with an aim to jointly offer modularized and standardized thermal energy storage […]

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Utility-Scale Solar Remains Off-Limits Across Solar Rich Southwest US: IEEFA

The largest property owner in the US—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03 percent of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published by the Institute for Energy Economics and Financial Analysis. The report—Federal Land Agency Lags on Solar Development Approvals […]

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CEL Tenders for Supply of 2 Million Multi-Crystalline Solar Cells

Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible bidders for the supply of 2 million multi-crystalline solar cells. Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible bidders for the supply of 2 million multi-crystalline solar cells. As per the tender, the acceptance criteria for the solar cells […]

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REIL Tenders for Residential Rooftop Solar Systems Across Bihar

REIL has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar systems across various locations in Bihar. Rajasthan Electronics & Instruments Limited (REIL) has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar PV power systems across various locations in Bihar. The scope […]

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Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra

Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […]

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AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects

AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […]

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US Solar Systems Prices Falling Faster Than Expected: WoodMac

Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […]

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Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power

USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […]

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CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado

Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […]

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