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renewable energy

Savosolar Signs Delivery Contract for a Solar Thermal System in France

Savosolar signs delivery contract for a solar thermal system to AbSOLAR in Cadaujac, France Savosolar has signed a delivery contract with AbSOLAR SAS valued at approximately c. EUR 300 thousand for a solar thermal plant delivery in Cadaujac, France. Delivery of this plant will happen during the first half of 2021. Savosolar informed on April […]

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Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid

Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […]

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Javadekar: India the Only Country Keeping Commitments on Climate Change

Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change, despite accounting for only six to seven percent of total carbon emissions in the world. Speaking at a […]

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Blown: How India Lost The Solar Rooftop Battle

Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […]

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Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas

Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […]

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Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power

Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government  as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […]

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Emmvee Commissions 700 kWp Rooftop Solar Project for Balaji Technologies

Emmvee has commissioned a 700 kWp rooftop solar project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. Leading domestic solar module manufacturer and solar solutions provider Emmvee has announced that it has commissioned a rooftop solar PV project for Balaji Building Technologies, a leading glass treatment company in Bengaluru. The 700 kWp […]

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ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition

APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […]

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Vistra Brings Online its 1200 MWh Battery Storage System in California

Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […]

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