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BESS Installs In Europe Grow 15% In 2024, Future Growth Expected To Jump

Europe experienced another year of record installations for battery storage, despite slower year-on-year growth, according to the  European Market Outlook for Battery Storage by Solar Power Europe. Europe installed 21.9 GWh of battery energy storage systems (BESS) in 2024, marking the eleventh consecutive year of record installations, and bringing Europe’s total battery fleet to 61.1 […]

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Enfinity Global Closes €100Mn Bond, Gets First BESS Financing In Europe

Enfinity Global Inc. has closed up to €100 million bond facility to support its energy storage and solar PV projects deployment across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles. This transaction is also the company’s first financing of […]

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Reliance Power Signs PPA With Green Digital, Bhutan

Reliance Power Limited (Reliance Power),which is backed by the Anil Dhirubhai Ambani group , has signed commercial term sheet for long-term Power Purchase Agreement (PPA) with Green Digital Private Limited (GDL), owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan. The signing means a step forward for […]

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Security Risks From Inverters In Focus After US Report

While Chinese dominance of the solar panel industry has been well documented and understood, most people tend to bypass the huge presence of Chinese inverter firms in the solar market. Even if we consider key markets like India or the US and even Europe, the focus of supporting local manufacturing as well as creating tariff […]

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South America’s Offshore Wind Boom Slows On Brazil Delays: Report

South America’s offshore wind sector, led by Brazil and Colombia, is grappling with regulatory bottlenecks and infrastructure gaps that threaten to delay one of the promising green energy pipelines, according to a new report by the Energy Industries Council (EIC), a trade association for the energy supply chain and provider of data, market insights, and […]

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Global Solar Growth Hits 600 GW: SolarPower Europe

SolarPower Europe’s latest report reveals that the world installed a record 597 GW of solar power in 2024 – a 33% surge over 2023. After the world crossed the milestone of 2 terawatts (TW) total solar in late 2024, the annual report predicts the world could be installing 1 TW of solar per year by […]

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Brookfield Renewable Reports Record Q1 FFO Despite Net Loss

Brookfield Renewable Partners L.P. (BEP) reported Funds From Operations (FFO) of $315 million, or $0.48 per unit, for the quarter ended March 31, 2025. The company said FFO rose 15 percent year-on-year when adjusted for strong hydro generation in the prior year. Overall, FFO per unit increased 7 percent, supported by inflation-linked cash flows, portfolio […]

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KP Energy Places Order For Senvion 4.2M160 Wind Turbines  

KP Energy has placed an order to procure 20 units of Senvion India’s 4.2WM M160 wind turbine generators, as a part of the 4XM platform. These turbines will be installed as part of a hybrid power project being set up for the company’s customer in Bharuch district, Gujarat. The deliveries for this project are expected […]

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Maharashtra Steps On Accelerator For 7000 MW Green Feeder

Maharashtra Chief Minister Devendra Fadnavis chaired a review meeting on the ‘Mukhyamantri Saur Krishi Vahini Yojana 2.0’. He also launched the ‘Mukhyamantri Saur Krishi Vahini Yojana 2.0 Project Management Portal.’ The scheme aims to generate 7,000 MW of solar energy to provide daytime electricity to farmers. The scheme was envisaged as a self paying scheme […]

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