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Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe

Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […]

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Could Interest Rates Trip Up India’s Renewables Push?

Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […]

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US Moves Closer To Add 25 GW RE Capacity With New Projects

Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […]

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Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy

Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […]

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IGEF, NSEFI Study Shares Best Practices On Agrivoltaics Adoption In India

A recent report on ‘Best Practices on Agrivoltaics‘, particularly focusing on India, was shared by Solar Power Europe in collaboration with the Indo-German Energy Forum (IGEF) and the National Solar Energy Federation of India (NSEFI). It emphasizes the successful adoption of Agrivoltaics in states like Mizoram, Kerala, Andhra Pradesh, Madhya Pradesh, and West Bengal, showcasing […]

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Gensol Subsidiary–Scorpius Trackers Achieves 1 GW+ Contracted Orders

Solar tracker company Scorpius Trackers, a subsidiary of the Gensol Group, announced that it had reached its milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia, and Uganda.   The company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and. Notably, the company achieved […]

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Ramboll To Work On Foundations For 1.4 GW Polish Offshore Wind Projects

Equinor and Polenergia have signed contracts with Denmark-headquartered Ramboll for the Bałtyk II and offshore wind projects in the Polish Baltic Sea, said the company in its media statement. Under the contracts, Ramboll will provide engineering services for 100 monopiles for the Bałtyk II and Bałtyk III projects. Equinor and Polenergia also finalised contracts for […]

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MoP Issues Viability Gap Funding Guidelines For BESS Project

The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […]

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