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wind generation

GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio

Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’  by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […]

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Sol Systems Flips the Switch at Seven Solar Projects at Walmart Stores Across California

Sol Systems announces the completion of solar energy systems totaling 6.5 megawatts (MW) at seven Walmart stores across California. The portfolio includes a mixture of solar energy systems installed on the rooftops and parking lot carports. The portfolio is part of an ongoing partnership and will provide power directly to Walmart stores in Burbank, Calexico, […]

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Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs

In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […]

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IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […]

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NIPSCO and Capital Dynamics Sign 200 MW Solar Energy Build Transfer Agreement

Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. “We […]

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ReNew Power Commits to Achieving Net-Zero Emissions by 2050

ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […]

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BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III

BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […]

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Will EV’s Need Solar To Stretch Range To 1000 miles?

Range anxiety, or the fear of running out of charge on your electric vehicle (EV) with not a charger in sight, or the thought of waiting for hours to get a full charge, has been a real issue for EV’s to manage. While it is not faced by manufacturer’s selling EV’s for dense urban environments, […]

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At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21

In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […]

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