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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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Sineng Electric Receives TÜV Rheinland Certification for Central PCS

Sineng Electric recently received certification from TÜV Rheinland for its central PCS during ESIE 2024. This endorsement signifies compliance with EN IEC 61000-6-2:2019 and EN IEC 61000-6-4:2019 standards, further validating the quality of Sineng’s products. The certified central PCS models include EH-2000-HA-UD, EH-1725-HA-UD, EH-1600-HA-UD, EH-1575-HA-UD, EH-1375-HA-UD, and EH-1250-HA-UD, which can cater to the diverse application requirements. These products feature compatibility […]

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Green Stocks Defy Market Correction, Most Rise On April 12

Even as the BSE stock index dropped 1.06%, most of the green energy stocks we track continued their relentless upward march. None more so than Waaree Renewable Technologies, which was locked at the upper circuit yet again today. Powered by multiple positives, from rising power demand to a supportive domestic policy environment, the next big […]

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Record Renewable Numbers Support Green Energy Stocks (April 10)

On a day when the government announced record renewable capacity additions for FY24, green energy stocks continued to stay strong, other than a sharp 3.3% fall in Inox Wind. Waaree Renewable continues on its merry way in anticipation of possible restructurings and a strong growth pipeline, even as SJVN seems to have recovered on the […]

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Poland Battery Firms Form JV To Setup EV Battery Recycling Facility

Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility in Zawiercie, Poland. According to the Ascend Elements statement, the […]

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India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24

India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […]

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Gensol Receives Order For Rs. 1783 Crores From Two Companies

Gensol Engineering Limited has received a total order of Rs. 1783 Cr. for two projects from solar EPC and Let’s EV. The company received an order for Rs. 1783 Crores at the beginning of the Financial Year (FY25), signaling a promising year. It received this order from one Solar EPC (India & Middle East including […]

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Nordex Receives 295 MW South Africa Turbine Order From EDF Renewables

EDF Renewables (South Africa) a subsidiary of EDF Renouveables has placed orders with the Nordex Group for two wind energy projects in South Africa. According to Nordex, the Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW. The Nordex Group will also […]

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