SJVN Signs EPC Contract for 125 MW of Solar Projects in Uttar Pradesh

SJVN Signs EPC Contract for 125 MW of Solar Projects in Uttar Pradesh

SJVN, a joint venture between the Government of India and the Government of Himachal Pradesh, has signed an engineering, procurement, and construction (EPC) contract to commission two solar projects in ...
/ / Solar, Utility Scale
Utility-Scale Projects Critical to Achieving the Solar Target of 280 GW by 2030

Utility-Scale Projects Critical to Achieving the Solar Target of 280 GW by 2030

India installed over 3 GW of solar capacity in the first quarter (Q1) of the calendar year (CY) 2022. According to Mercom's Q1 2022 India Solar Market Update, large-scale installations ...
Project Finance Brief Renewco Power Acquires 1.5 GW of Solar Projects in the US

Project Finance Brief: Renewco Power Acquires 1.5 GW of Solar Projects in the US

From: Mercom Capital Group Renewco Power, a developer of utility-scale solar, wind, and battery projects, announced its expansion into the U.S. by acquiring a 1.5 GW pipeline of early-stage utility-scale ...
/ / Finance and M&A, Other
2021 was the Best Year for Offshore Wind Installations Globally GWEC

2021 was the Best Year for Offshore Wind Installations Globally: GWEC

The offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid, according to the latest Global Offshore Wind Report launched by ...
/ / Markets & Policy, Wind
Entergy Arkansas Issues Tender for 1 GW of Renewable Energy

Entergy Arkansas Issues Tender for 1 GW of Renewable Energy

Entergy Arkansas, an energy utility in the United States, has issued a request for proposals (RfP) to procure 1 GW of solar and wind energy. Renewable energy would be procured ...
Jharkhand Targets 4 GW of Solar Installations in Five Years, Issues New Policy

Jharkhand Targets 4 GW of Solar Installations in Five Years, Issues New Policy

Jharkhand has announced the new 'Jharkhand Solar Policy 2022', aiming to deploy a cumulative capacity of 4 GW in the state by 2026. The government intends to install 3 GW ...
Shell Forms JV to Develop 3 GW of Renewable Energy Projects in the Philippines

Shell Forms JV to Develop 3 GW of Renewable Energy Projects in the Philippines

The renewable energy subsidiary of Nickel Asia Corp (NAC), Emerging Power, signed a joint venture (JV) agreement with Netherlands-based Shell Overseas Investments (Shell) to develop, own, operate, and maintain onshore ...
Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant

Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant

Kolkata-based solar cells and modules manufacturer Websol Energy System has approved the issue of 23,80,000 equity shares of ₹10 (~$0.126) each at an issue price of ₹105 (~$1.329). The shares ...
/ / Manufacturing, Solar
MNRE Approves 61 Solar Parks Totaling 40 GW Amidst Land Acquisition Challenges

MNRE Approves 61 Solar Parks Totaling 40 GW Amidst Land Acquisition Challenges

India has set a lofty target of 280 GW of solar capacity by 2030. Achieving the target appears daunting, going by the progress made so far. Solar project development activity ...
Bids Invited to Procure 1 GW of Solar Power in Maharashtra

Bids Invited to Procure 1 GW of Solar Power in Maharashtra

Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 1,000 MW of solar power from projects developed in the state. The last date to submit the bids is ...
Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program

Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program

The Philippines' Department of Energy has awarded 19 contracts to develop 1.57 GW renewable energy projects under the first round of the 2 GW Green Energy Auction Program (GEAP). The ...
/ / Other, Renewable Energy
Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

Gurugram-based Battery Smart, a battery-swapping network for electric two and three-wheelers, announced the closing of a Series A round funding of $25 million led by Tiger Global. The company plans ...
CERC Awards Transmission License to Evacuate 1 GW of Renewable Power in Tamil Nadu

CERC Awards Transmission License to Evacuate 1 GW of Renewable Power in Tamil Nadu

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Karur Transmission to evacuate 1,000 MW of renewable power from the Karur/Tiruppur wind energy zone in Tamil Nadu ...
/ / Grid, T&D
Renew Power to Increase its Module Manufacturing Capacity to 6 GW

Renew Power to Increase its Module Manufacturing Capacity to 6 GW

Independent Power Producer ReNew Power has announced that it is increasing its module manufacturing capacity to 6 GW from the 4 GW that was planned earlier. The planned capital expenditure ...
/ / Manufacturing, Modules, Solar
CERC Approves Transmission License to Evacuate 3 GW of Renewable Energy in Gujarat

CERC Approves Transmission License to Evacuate 3 GW of Renewable Energy in Gujarat

The Central Electricity Regulatory Commission (CERC) recently granted a transmission license to Khavda-Bhuj Transmission to establish the 3 GW of renewable energy injection network at the Khavda pooling station under ...
/ / Grid, Market & Policy
ReNew Power’s Revenue Up 27% YoY in FY 2022, Renewable Portfolio Grows by 1.7 GW

ReNew Power’s Revenue Up 27% YoY in FY 2022, Renewable Portfolio Grows by 1.7 GW

Independent power producer ReNew Power has announced the results for the fourth quarter (Q4) of the fiscal year (FY) 2022 and the fiscal year ended March 31, 2022. The company ...
/ / Uncategorized
Funding and M&A Roundup Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

Funding and M&A Roundup: Repsol Sells 25% Renewables Stake to EIP, Credit Agricole

From: Mercom Capital Group Repsol Renovables, a Spanish energy, and petrochemical company has approved the sale of 25% of its stake in the renewables business to a consortium formed by ...
/ / Finance and M&A, Other
Rajasthan to Allot 2,397 Hectares of Land to Adani for a 1 GW Solar Project

Rajasthan to Allot 2,397 Hectares of Land to Adani for a 1 GW Solar Project

The Rajasthan Cabinet has decided to allot 2,397.54 hectares of government land in Bandha village of Jaisalmer district to Adani Renewables’ special purpose vehicle — Adani Renewable Energy Holding Four, ...
/ / Solar, Utility Scale
Rio Tinto Issues RfP to Develop 4 GW of Solar and Wind Projects in Australia

Rio Tinto Issues RfP to Develop 4 GW of Solar and Wind Projects in Australia

Anglo-Australian mining conglomerate Rio Tinto Group has issued a Request for Proposal (RfP) to develop 4 GW of utility-scale wind and solar power projects in Central and Southern Queensland bordering ...
Daily News Wrap-Up: Ayana Signs EOI for 2 GW of Wind and Solar Projects in Karnataka

Daily News Wrap-Up: Ayana Signs EOI for 2 GW of Wind and Solar Projects in Karnataka

Here are some noteworthy cleantech announcements of the day from around the world: Ayana Renewable Power signed an expression of interest with the Karnataka government to develop wind and solar ...
China to Add 108 GW of Solar by the End of 2022 NEA

China to Add 108 GW of Solar by the End of 2022: NEA

China's National Energy Administration (NEA) has announced that out of the 121 GW of solar projects under construction, nearly 108 GW of new solar capacity will be connected to the ...
Project Finance Brief: BluEarth Acquires 1 GW Solar and Wind Project in the US

Project Finance Brief: BluEarth Acquires 1 GW Solar and Wind Project in the US

BluEarth, an independent renewable power producer focused on acquiring, developing, constructing, and operating wind, hydro and solar projects across the US, has acquired the Eads solar and wind project in ...
/ / Finance and M&A, Solar
Power Ministry Plans to Replace 58,000 MU of Thermal Power With 30 GW of Renewables by FY26

Power Ministry Plans to Replace 58,000 MU of Thermal Power With 30 GW of Renewables by FY26

The Ministry of Power has set the trajectory for replacing thermal power with renewables by the financial year (FY) 2025-26 to achieve 500 GW of non-fossil fuel-based capacity by 2030 ...
Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of 15% from $1.1 billion last year ...
NTPC, EDF, JSW, and Torrent Power Winners in SECI’s 1.2 GW Wind Auction

NTPC, EDF, JSW, and Torrent Power Winners in SECI’s 1.2 GW Wind Auction

NTPC Renewable, Halvad Renewables (EDF Renewables), JSW Neo Energy, and Torrent Power are winners in Solar Energy Corporation of India’s (SECI) auction for the 1.2 GW interstate transmission system (ISTS)-connected ...
/ / Other, Wind