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renewable energy generation capacity

Renewable Power Capital Acquires 57MW Battery Storage Project In UK

United Kingdom-based Renewable Power Capital (RPC) has completed the acquisition of a 57MW ready-to-build battery storage project in the UK. With this deal, RPC adds its first shovel-ready storage project to its UK portfolio. According to the press release, the construction on the site is due to start imminently. Energisation is expected next summer (2025), […]

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CleanMax To Enhance Energy Resilience At Bengaluru International Airport

CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […]

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IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India

Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […]

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India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data

The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report.  The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […]

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JSW Energy Crosses 10 GW Locked-In Capacity With 500 MW LOA From SECI

JSW Neo Energy Limited or JSW Neo, a wholly owned subsidiary of JSW Energy Limited, recently announced that it received a Letter of Award (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) JSW received this award against tariff based competitive bid invited for setting up of 1,350 MW ISTS-connected […]

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Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer

Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […]

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Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way

The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […]

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Finnish New WaveRoller Technology Contributes To EU RE Capacity

Finnish enterprise AW-Energy has recently successfully developed a wave farm project that converts ocean wave energy to electricity through WaveRoller technology. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. The commission mentions about the waveroller technology, “Depending on tidal conditions, it’s mostly or […]

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Bihar Pins Hopes On Lakhisarai Solar Project To Increase RE Capacity

Bihar, struggling to increase its renewable capacity due to several challenges, has now pinned its hope on the proposed Lakhisarai solar project. The 185 MW solar power project at Kajra in the Lakhisarai district of Bihar will increase the state’s renewable capacity by around 44 percent.   As per the latest data from the Central Electricity […]

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