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Pacifico Energy Raises $265 mn for its Second Solar Fund

Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […]

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Could Solar Energy power Indian homes for free?

Imagine running all your electricity-hungry home appliances and devices at home as much as you want and paying zero or near-zero electricity bill. This is already an accepted way of life for many people in Germany, a handful of American states, and a few other countries around the world where electricity tariffs have not just […]

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Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report

A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […]

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Facebook Signs PPA for Procuring 61.6 MW Solar Energy

Apex Clean Energy has announced that Altavista Solar has executed a PPA with Facebook for a 61.6 MW portion of the project. Apex Clean Energy has announced that Altavista Solar has executed a power purchase agreement (PPA) with Facebook for a 61.6 MW portion of the project. Altavista Solar will become the first solar energy […]

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Eastern Railways Sets Ambitious Solar Energy Generation Target for 2020

The Eastern Railways has informed that the organisation has set an ambitious plan to generate nearly 300 million watts of solar energy by 2020. In an effort to minimise carbon footprint and contribute towards a reduction in global warming, the Eastern Railways (ER) has informed that the organisation has set an ambitious plan to generate […]

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ONGC Tenders for 15 MW Solar Energy Plant in Gujarat

ONGC has issued a tender for the development of a 15 MW solar PV plant in Gujarat. State-owned enterprise, the Oil and Natural Gas Corporation (ONGC) has issued a tender, inviting bids for the development of a 15 MW solar photovoltaic (PV) plant at the firms’ Vagra site in Bharuch District of Gujarat. The scope […]

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NextEra Energy Commissions Shaw Creek Solar Plant in South Carolina

NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility in South Carolina.   NextEra Energy Resources has announced the start of operations at its newest solar energy generating facility, the Shaw Creek Solar Energy Center in Aiken, South Carolina. Shaw Creek is owned and operated by a subsidiary of […]

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AEP Energy Seeking Wind and Solar Energy in PJM

AEP Energy Partners is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. PJM is a regional transmission organisation (RTO) that […]

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Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas

Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […]

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