Results for Gujarat Urja Vikas Nigam Limited’s (GUVNL) auction to develop 500 MW of grid-connected wind-solar power projects have been announced. The tender for the project was issued in November 2023. The project was tendered with the opportunity to expand the capacity by a further 500 MW under the...
Recurrent Energy, part of Canadian Solar, has obtained a $500 million investment commitment from BlackRock’s Climate Infrastructure Fund. Recurrent Energy will have 20 per cent of its capital made up of preferred equity investments, which are convertible into common stock. Canadian Solar will hold the remaining capital. Recurrent Energy...
REC Ltd, a non-banking finance company under the Ministry of Power, has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Ltd (NIIFL) to collaborate on a suite of funding solutions for renewable energy projects as well as large-scale infrastructure projects in India. REC finances the...
Chinese solar module maker Trina Solar has unveiled two new rooftop solar modules based on tunnel oxide passivated contact (TOPCon) cell technology. The manufacturer said that the new 144-cell products have a bifacial dual-glass design and combine n-type technology with 210mm rectangular silicon wafer (210R) cell technology. One of the two modules is called  TSM-NEG9RC.27 and...
CapitaLand India Trust (CLINT), an Indian property trust listed on the Singapore Exchange Securities Trading Ltd, has set up a 21 MW solar power plant for consumption by its assets in Tamil Nadu. The solar plant is located in Tamil Nadu and will generate over 30 million kilowatt-hours (kWh)...
ICRA has maintained a stable outlook for the renewable energy sector, led by strong policy support, healthy demand prospects, and superior tariff competitiveness. It stated the realization of past dues and regular payment of ongoing bills by discoms following the late payment surcharge (LPS) scheme also remain positives for...
A research team from the US Department of Energy’s Argonne National Laboratory and National Renewable Energy Laboratory (NREL) have said that insect levels have tripled in less than five years at two solar sites built on retired agricultural land in southern Minnesota. Native grass and wildflowers were planted at the two solar facilities, operated...
The Ministry of New and Renewable Energy (MNRE) has introduced amended guidelines for implementation of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) programme. In a recent update, extensive guidelines have been issued, replacing the prior memorandum dated July 22, 2019, and integrating all subsequent amendments. A...
CapitaLand India Trust (CLINT), formerly Ascendas India Trust, has set up its first captive solar power plant in Tamil Nadu, the company said on Thursday. The 21-megawatt (MW) solar plant would generate over 30 million kilowatt-hours (kWh) of electricity annually and meet the power supply needs of two million sq...
Iberdrola plans to add six BESS stations with a combined capacity of 150 MW to boost Spain’s energy storage capacity. The projects will be spread over Castilla y León, Extremadura, Castilla La Mancha, and Andalusia and will help integrate renewable energy into the national grid. Each of the six...