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5 Made for India Solar Innovations

India as a country is blessed with an abundance of sunlight and this along with the current political thrust towards solar energy is the right time to make solar power popular in the country. As of 2022, India had 61.97 gigawatts (GW) of installed solar capacity, placing it fourth globally for solar photovoltaic (PV) deployment, […]

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Octopus Grabs 199-MW Solar Portfolio from Statkraft Ireland

Octopus Renewables Infrastructure Trust (ORIT) has announced that it finalized the acquisition of four newly-built solar farms situated in close proximity to Dublin, Ireland. The four solar installations collectively boast a capacity of 199MW and were procured from Statkraft Ireland, the developer, and constructor of the projects, overseen by ORIT. With this acquisition, ORIT’s portfolio […]

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Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report

Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […]

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Honeywell to Supply BESS of 124 MWh to US Virgin Islands

Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […]

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Amazon Crowned As Leading Renewable Energy Corporate Buyer in India

IT giant Amazon is now the largest corporate buyer of renewable energy in India. The firm sealed this position soon after it launched a 198 MW wind farm in Osmanabad, Maharashtra. The said project is the firm’s 50th renewable energy project in India, which has helped it take its capacity beyond 1.1 GW in India. As […]

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EU PPA Market Shines with 7.8 GW of New RE Contracts To Date

RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […]

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Iowa State University Awarded $1.8 Mn Grant for Agrivoltaics Project

Iowa State University (ISU) is set to undertake a study on the benefits that bringing crops and solar power together can bring. The ISU houses an innovative agrivoltaics project- the Alliant Solar Farm that was unveiled recently. The 1.75 NW agrivoltaic solar project will delve into optimisation of land while making a note of the […]

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Denmark’s Ørsted Marks Entry into UK with Solar Farm of 740 MW Capacity

Denmark based renewable energy firm, Ørsted has made headways into UK with its first solar project in the country. Ørsted has set sights on establishing a One Earth solar farm with a proposed capacity of 740 MW. The project will also boast battery storage and will be set up in Nottinghamshire. The solar farm is […]

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