Author: Subhash Yadav

Lightsource bp Offloads 294-MW Italian Solar Projects

Lightsource bp have announced that it has inked an agreement for the sale of six solar greenfield projects in Italy to EOS Investment Management Group (EOS IM). Lightsource bp said that the portfolio is currently either permitted or in the late stages of development with construction expected to begin in the next 12 months.  EOS […]

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Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio

Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […]

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With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market

Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […]

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Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects

Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […]

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TagEnergy, Vestas Join Forces To Develop 220-MW Spanish Wind Portfolio

Global clean energy enterprise TagEnergy and wind energy major Vestas have come together to develop 220-MW wind portfolio in Spain. The joint venture will see Vestas acting as lead developer and TagEnergy will draw on its experience developing wind farms to determine and shape the most cost-efficient model. The new wind energy project will come […]

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Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record

Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells.  Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […]

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French Researchers (PROMES-CNRS Lab) Invent Solar Pyrolysis To Recycle Lithium Batteries

Research conducted at the PROMES-CNRS laboratory, under the leadership of Gilles Flamant, has recently validated the viability of employing a solar-powered pyro-metallurgical process for recycling valuable elements such as lithium, nickel, cobalt, and others from lithium-ion batteries. The PROMES-CNRS laboratory specializes in endeavors aimed at industrial decarbonization through the utilization of extremely high-temperature solar energy. […]

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GE Vernova Bags 1.4-GW Australian Wind Project For Turbine Supply

Onshore Wind business of GE Vernova has confirmed the signing of a strategic framework agreement with Australian RE player Squadron Energy for 1.4 GW of onshore wind projects in New South Wales, Australia. The construction of the Uungala Wind Farm has already begun. The agreement was received in the fourth quarter of 2023 and thereafter […]

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REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects

REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […]

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