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News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN

BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […]

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HPCL Issues 300 MW EPC Tender For Solar Projects

Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids […]

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Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant

Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […]

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GAIL Invites Bids For Grid Tied RT Solar PV Plant Under KG Basin

Gas Authority of India Limited (GAIL) India Limited, the state-owned natural gas processing and distribution company and a Maharatna Indian company, released a tender inviting bids to contract, design, supply, install, testing and commission of grid-tied rooftop solar PV plant. The project included an Annual Maintenance Contract (AMC) with a generation guarantee under Krishna Godavari […]

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GoodWe Unveils State-of-the-Art Solar Service Centre in Bangalore

GoodWe, a leading Smart Energy Innovator and key solar inverter player in the Indian market, has announced a Solar Service Centre in Bangalore, India. The service centre underlines the expanding reach of GoodWe in the Indian market as well as its growing customer base in the country, where GoodWe is focused on ensuring excellent standards […]

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Top 5 States Spearheading Rooftop Solar in India

India has made strides in new solar capacity addition in the last few years. However, a considerable gap exists between rooftop solar (RTS) and utility-scale solar installations.  Despite existing national and state-level schemes promoting rooftop solar, including the National Rooftop Scheme and state government subsidies, participation rates remained low. This is mostly because of the […]

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Clean Energy Investments Driving Global Job Creation, Finds Study

Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […]

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The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets

India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […]

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Records Continue to Follow Actor Manoj Kumar With Solar Generation At Mumbai Residence

Manoj Kumar, the yesteryear Bollywood hero known for the patriotic themes of his films, is still setting an example for the rest of his countrymen. By adopting a sustainable source of energy for his family’s needs. By integrating renewable energy into their societal commitments, the Kumar family has set an example for tinsel town’s many […]

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