Solar Energy

Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects

Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […]

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Railways Tender for 500 MW Solar Power Consultancy

IRCON Renewable Power has issued a tender inviting bids to hire a project management consultancy (PMC) for solar power projects of capacity of 500 MW at Pavagada in Karnataka. IRCON Renewable Power is a subsidiary of the central government owned IRCON International. It’s a PSU of the railways. The IRCON tender document reads that the […]

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IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie

A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […]

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Oil & Gas Major Cepsa to Build 400 MW of Solar Projects in Spain

Spanish oil and gas major Cepsa has announced that it will be building three new solar power projects in Castilla-La Mancha of Spain. Cepsa said that the total capacity of the three farms will be 400 MW. Cepsa will develop the solar projects in the towns of Campo de Criptana and Arenales de San Gregorio […]

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USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days

As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […]

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IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model

The International Finance Corporation (IFC) – a key agency of World Bank – has partnered with the Kyrgyzstan government under the World Bank Group’s Scaling Solar program to develop up to 100-150 MW of grid-connected solar power. IFC said that this will help Kyrgyzstan to diversify its energy mix and increase its renewable power capacity. […]

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SOFAR Launches 100-125kW C&I PV Solutions For Global Market

Global supplier of solar PV and energy storage solutions – SOFAR – has launched its new inverter for the global market called SOFAR 100-125KTL-G4 at World Future Energy Summit (WFES). SOFAR said that the new inverter is optimized for C&I and small-scale utility solar. The product also features the integration of ultra-high current, easy installation […]

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UAE to Invest $2 Billion in Solar Power in Zambia

In a bid to step-up the renewable energy expansion in the resource-scare continent of Africa, UAE has signed a key agreement with Zambia to provide $2 billion for the development of solar power plants. The said investment is expected to increase the power generation base the southern African country by more than half. Zambia President […]

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