Recurrent Energy, a subsidiary of Canadian Solar Inc has acquired a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. The acquired portfolio is located in Carmona, a municipality in Seville (Andalusia) and consists of a cluster of four projects, Rey I,...
Results for NTPC Limited’s auction to develop 3,000 MW firm and dispatchable renewable power (FDRE) from inter-state transmission system (ISTS) connected projects, tranche II, have been announced. The tender for the project was issued in October 2023. The projects will be set up anywhere in India. ABC Cleantech (Axis...
The Ministry of New and Renewable Energy (MNRE) has increased the Approved List of Models and Manufacturers (ALMM) by including an additional 3,501 MW of solar module capacity. This brings the total cumulative manufacturing capacity of modules to 37,421 MW. Tata Power Solar contributes 2,525 MW to the recently...
The Bureau of Energy Efficiency (BEE), part of the Ministry of Power, government of India, has introduced another standards and labeling programme. This initiative is designed to assist consumers in making informed decisions regarding the cost-effectiveness and energy efficiency of different energy-consuming appliances. Ultimately, it empowers consumers to conserve...
KKR, a prominent global investment firm, has announced the signing of a definitive agreement to acquire a majority stake in Avantus, a premier developer of large utility-scale solar and solar-plus-storage projects in the United States. Under the terms of the deal, investment funds and accounts managed by KKR will acquire...
Shell New Energies US LLC, a subsidiary of energy giant Shell PLC, has divested its 50% equity share in the South Coast Wind Energy LLC offshore wind joint venture to its partner Ocean Winds North America LLC. SouthCoast Wind is a 50-50 joint venture originally formed between Shell and Ocean...
The Ministry of New and Renewable Energy (MNRE) has allocated Rs 44.4 billion to encourage the production of electrolysers, aiming to lower expenses for hydrogen generation under the National Green Hydrogen Mission (NGHM). The NGHM has earmarked Rs 197.44 billion until 2029-30. It aims to foster the establishment of...
Results for NTPC Limited’s auction to develop 1,500 MW of inter-state transmission system (ISTS) connected solar power projects, tranche II, have been announced. The tender for the project was issued in December 2023. The projects will be located across India. Furies Solren (Mahindra Susten) has won 300 MW by...
Gujarat Urja Vikas Nigam Limited’s (GUVNL) has issued a request for proposals to purchase power from 500 MW grid-connected solar power projects, without energy storage. The tender allows for capacity expansion under the greenshoe option by additional 500 MW. The projects will be set up across India. According to the tender...
The Ministry of New and Renewable Energy (MNRE) has released guidelines for establishing green hydrogen hubs as part of the National Green Hydrogen Mission. The MNRE and the designated scheme implementing agencies will be responsible for these hydrogen hubs. The initiative will offer assistance for the establishment of essential infrastructure...