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Malaysian Power Firm TNB Enters UK Solar Power Projects

Malaysian multinational electricity conglomerate Tenaga Nasional Berhad (TNB) has announced that it has signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom (UK). The official statement of TNB held that the deal was signed on December 14, 2022, […]

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Solar Inverter Firm GoodWe Signs Deal for 50 MW RE Project in Pakistan

Chinese firms are showing a fresh deal of commitment for the development of renewable energy projects as the South Asian country is facing its economic hardships and acute power generation challenges. According to reports, GoodWe, which claims to be leading smart energy solution providers based out of China, is bullish about boosting renewable energy in […]

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Danish Wind Giant Vestas to Supply 64 Turbines for 288 MW Brazilian Project

Danish wind turbine giant Vestas has announced that it has expanded its partnership with Engie Brasil Energia SA with the 288 MW order of 64 units of wind turbines for wind energy project in Brazil. The official statement of Vestas hold that it will be supplying V150-4.5 MW turbines for the Serra de Assuruá wind […]

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EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects

The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […]

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US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank

Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […]

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Spain’s Soltec Supplies 738 MW Solar Trackers to Brazilian Solar Projects

Spanish multinational solar tracker manufacturer Soltec has announced that it has signed an agreement with solar conglomerates Canadian Solar and SPIC for the supply of SFOne trackers for two Brazilian solar power projects having a cumulative capacity of 738 MW. Work on these two power plants will start in mid-2023. The solar projects will be […]

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Solar Projects Of 486-MW Allotted In Poland Auctions

The latest round of auctions of renewable energy by the Energy Regulatory Office in Poland has drawn a poor response. It allocated a mere 8.5 TWh of renewable energy capacity out of 34 TWh that was up for offer. The bright spot in the entire episode has been for the solar industry of Poland. The […]

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Enfinity Global Raises €142 Million For 112 MW Solar Projects In Italy

Leading US-based renewable energy and sustainability services provider Enfinity Global Inc has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of three utility-scale solar power plants in Italy. The combined total capacity of the three solar power plants will be 112 MW. The 112 MW portfolio is located […]

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