Solar Energy

Serbia Holds Maiden Auction for Renewable Energy

Serbia recently conducted its maiden auction for renewable energy, for which, several bidders emerged successful. The tender witnessed 16 bids from wind and solar developers. Together, they bid for an aggregate capacity of 816 MW. Of this, 11 were valid boasting of capacity worth 739 MW. For the tender for wind energy, a quota of […]

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India Added 2 GW Of Wind Energy In First 7 Months Of 2023

An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022.  On the other hand, […]

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Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records

The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […]

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5 Millennial and GenZ Heroes Who Vote For Solar

As a renewable source of energy, solar has been growing for the past decade. Growth rates for solar installs soared as high as 34% in 2022 and the momentum continues in 2023. And why shouldn’t it? Solar energy is clean, sustainable and nigh unlimited. Solar panels don’t require much in the way of maintenance except […]

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UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […]

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IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023

The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […]

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EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions

EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […]

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Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects

European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […]

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