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LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW

A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity.  The solar facilities are being acquired by LS Power affiliate, Quattro […]

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NTPC Renewable Energy Signs PPA to Sell Power From its 150 MW Solar Project

NTPC Renewable Energy has entered into a PPA with GUVNL to sell power from its 150 MW solar project. NTPC Limited has announced that its wholly-owned renewable energy subsidiary NTPC Renewable Energy has entered into a power purchase agreement (PPA) with the Gujarat Urja Vikas Nigam Ltd (GUVNL) to sell power generated from its 150 MW solar […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […]

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EDF Renewables NA Bags Three Solar Contracts From NYSERDA

San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […]

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Enel Green Power Announces 1.5 GW RE Projects and 319 MW Storage in US

Enel has started construction on five new renewable energy projects in the US worth 1.5 GW of new capacity and 319 MW of battery storage. Enel, through its US renewable subsidiary Enel Green Power North America, has started construction on five new renewable energy projects in the US including Roseland solar + storage, Blue Jay solar […]

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Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA

In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […]

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Adani Green Energy Posts 136% Increase in Cash Profit for FY21

Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […]

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Meghalaya to Empanel Developers for Renewable Energy Projects

Meghalaya has issued an EOI for the empanelment of developers for setting up renewable energy projects under different models in the state. The Power Department of the Government of Meghalaya has issued an Expression of Interest (EOI) for the empanelment of firms/ developers for setting up renewable energy projects including hydro, solar, wind, and biomass […]

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