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World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier

Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […]

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CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure

Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […]

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Sicona Secures AU$3.7 M to Expand Battery Supplies Tech

Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […]

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SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020

ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […]

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APTEL Orders Rs 8.40/unit Payment to Karnataka Developer, Reversing KERC Order

In a major win for developer Clearsky Solar Private Limited (CSPL), the Appellate Tribunal for Electricity (APTEL) has ruled in favour of the solar developer and directed Gulbarga Electricity Supply Company Limited (GESCOM) to pay it compensation on account of delays in the commercial operation of a solar project in Karnataka. The present ruling came […]

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Floating Solar On A Growth Path

In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […]

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Largest US Solar Project Cancelled On Aesthetic Grounds

Virtually every large power generation option has faced objections at some stage, from locals in nearby areas. Solar just joined that list decisively, with the largest planned solar project in the US, the proposed 850 MW  Battle Born Solar Project, being scrapped after local objections.  This comes barely a month after Australia had pulled back […]

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Avangrid Sells 600MW Nevada Solar & Storage Projects To Primergy Solar

Portland-headquartered renewable energy company, Avangrid Renewables LLC has announced that it has sold its 600 MW solar and storage projects portfolio to a California-based solar and battery storage company, Primergy Solar LLC. Even after selling the portfolio, Avangrid will continue to work on the development of these projects in Nevada. Avangrid Renewables LLC is a […]

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