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Renewable Energy India Expo (REI) 2019: What to Expect

As the 13th REI Expo gets underway from September 18th, for the stakeholders in the renewables sector, it’s an opportune time to look back and ahead to the future of the industry. The REI Expo, in its small beginnings and now with its undisputed status as the premier industry event for the sector in India, […]

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Rajasthan Issues Draft Solar Energy Policy, Seeking Comments & Suggestions

Rajasthan has issued its draft Solar Energy Policy 2019, with the aim to deploy 25 GW capacity in the state by 2020-2021 and 50 GW over the next 5-6 years The Rajasthan Renewable Energy Corporation Limited (RRECL), has issued its draft Solar Energy Policy 2019 for Rajasthan. The policy aims to deploy 25 GW of […]

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IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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Jolywood to Power a Fully Electric Truck With its Solar Energy Storage System

Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Chinese solar module manufacturer, Jolywood has unveiled its new solar energy storage system with the launch of the fully electric heavy truck manufactured by Breton. Fuelling the emerging electric vehicles (trucks) sector, the module […]

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Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […]

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SECI Signs PSA’s Worth 930 MW With Multiple State Discoms

SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […]

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