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European Solar Energy Startups Witness 400% Surge in Investment: Report

A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […]

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Israel’s Big Move- Mandatory Rooftop Solar Panels

With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar.  To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […]

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OX2, Dasos Capital Partner to Develop Solar Power in Estonia for 500 MW Estimated Capacity

Swedish renewable energy company OX2 has announced the signing of a cooperation agreement with Dasos Capital for the development of ten solar farms in Estonia in North Europe. Dasos Capital is specialised investment company for sustainable forestry and natural capital; it is an independent Alternative Investment Fund Manager (AIFM). Dasos Capital said that the capacity […]

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European Energy to Build Italy’s Biggest Solar Farm with 250 MW Capacity

A developer and operator of renewable energy, European Energy has announced that it has obtained the building permit to build a large solar power park in the municipality of Vizzini near Catania in Sicily that will have a capacity of 250 MW. European Energy said that once operational, the plant will generate renewable energy equivalent […]

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Spain Allows TotalEnergies To Develop 3-GW Solar Projects

The route for French energy conglomerate TotalEnergies to develop 3-GW of solar power projects has been smoothened in Spain. As per its announcement, TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favourable Environmental Impact Assessment for an estimated 3 GW of installed capacity. Large-Scale Solar Projects  This favourable […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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BPCL Targets 240 MW Renewables Expansion This Fiscal

Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […]

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OX2 Acquires Large Scale Finnish Solar Farm of 475 MW Capacity

OX2, a firm that delves into the development of renewable energy solutions at scale and develops onshore wind power in Europe, has informed about the acquisition of the project rights of a solar power project in Huittinen, Finland. The firm has  acquired the project from solar power developer SAJM Holding Oy. The capacity under development […]

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