News

RUMSL's 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN
The much awaited tender for 600 MW floating solar (in 2 stages of 300 MW each) on the Omkareshwar storage tank in Madhya Pradesh has finally seen AMP Energy, NHDC and also SJVN winning with bids of Rs 3.21, Rs 3.22 as well as Rs 3.26/ unit specifically. For AMP Energy and SJVN this is the 2nd project win today after the wins at SECI's Hybrid tender results on Thursday.
May 9, 2022 // Plants, Large-Scale, Commercial, Floating PV, AMP Energy, NHDC, SJVN, RUMSL, largest floating solar project, Omlareshwar floating solar, Tender Results
Altius Announces $32.5 million investments in RE platform
Altius' subsidiary Great Bay Renewables has actually carried out agreements to spend into a new international renewables development platform called Bluestar Energy Capital. Great Bay is likewise investing alongside another institutional financier for a minority equity ownership in Bluestar
May 9, 2022 // Markets & Finance News, Declan Flanagan, Renewable Energy, Lincoln Clean Energy, Apollo Global Management, Altius Renewable Royalties Corp, Bluestar Energy Capital, Frank Getman, Great Bay Renewables, Nova Clean Energy, Ørsted Onshore
Growatt Wins 22 "EuPD Researcher Top Brand" awards
" In this era of fierce competition, along with having excellent item quality as a guarantee, we must additionally have a strong brand as a guide and also a strong channel foundation as a support, so that business can acquire a firm foothold in the ever-changing international market," states Growatt.
May 9, 2022 // Inverters, Growatt, EuPD Reacher
Azure Power appoints new CEO following April resignations
Indian independent power manufacturer (IPP) Azure Power has appointed Harsh Shah as CEO, reliable from 1 July, following the resignation of its previous CEO, Ranjit Gupta, last month.
May 9, 2022 // Markets & Finance News, India, Asia, Azure Power, ceo, executive appointments, harsh shah
LONGi plots solar wafer, cell and also module capacity leap as Q1 revenue jumps 17%.
Leading solar manufacturer LONGi has actually disclosed it expects to finish 2022 with solar wafer, cell and also module production capacity of 150GW, 60GW and also 85GW respectively.
May 9, 2022 // Manufacturing News, Markets & Finance News, China, Asia, LONGi, solar manufacturing, manufacturing capacity, solar wafers, solar shipments
Tata Power Solar bags 'India's largest single EPC order' of 1GW for US$ 715m.
Tata Power Solar has landed what it claims to be India's biggest single solar EPC order of 1GW for roughly INR5500 crore (US$ 715 million) from Indian state-owned utility SJVN Ltd
May 9, 2022 // Plants, Large-Scale, Commercial, EPC, India, pv power plants, CPSU, Asia, tata power solar, mnre, tata power, SJVN
SunPower to buy platform upgrades as domestic solar customer backlog gets to new record
US household solar installer SunPower's backlog soared to a record 13,800 customers entering Q2 2022 with the installer validating a series of financial investments it is making to meet surging demand.
May 9, 2022 // Residential, Markets & Finance News, Rooftop PV, USA, SunPower, financial results, North America, Battery Energy Storage, Peter Faricy, sunvault
Five EU member specifies urge bloc to get to 1TW of installed solar PV by 2030
The European Union (EU) need to establish greater solar PV release targets as well as speed up the energy shift to phase out its energy dependency on Russia immediately, according to 5 member states of the bloc.
May 9, 2022 // Markets & Finance News, Spain, rooftop, Europe, Belgium, European Union, Lithuania, Luxembourg, Austria, european commission, energy transition, deployment target, european manufacturing, domestic manufacturing, REPowerEU
EDPR includes 465MW of renewables capacity in Q1 following Sunseap acquisition
EDP Renewables (EDPR) added an overall of 465MW of wind as well as solar capacity in Q1 2022, generally because of its acquisition of Singaporean designer Sunseap, while it recorded a net earnings of EUR66 million (US$ 69.8 million), up 75% on the previous year.
May 9, 2022 // Markets & Finance News, EDP, financial results, EDP Renewables, apac, EDPR, Sunseap, capacity expansion
Large-area semitransparent perovskite PV module with 9.5% effectiveness
Singaporean scientists have created a semitransparent perovskite solar panels for applications such as building-integrated PV, vehicle-integrated solar, as well as clever glasses.
May 6, 2022 // Technology, Asia, perovskite, PV module, Singapore, efficiency, Nanyang Technological University, Monika Rai
EU Countries Call for 1,000 Gigawatts of Solar Energy by 2030
Scale-up of voltaics would amount to current worldwide capacity Spain, Austria among nations to call for rapid rollout
May 6, 2022 // Markets & Finance News, Spain, Ukraine, Europe, Asia, Austria, Russia
NatPower offers 22-MWp solar PV portfolio in Italy to Theia
Renewables designer NatPower has offered a 22-MWp solar photovoltaic (PV) portfolio in Italy to Theia Investments for an undisclosed amount.
May 6, 2022 // Markets & Finance News, Italy, Europe, NatPower, Theia
Greenbacker purchases 50 MW of NY solar projects from Hecate
Lasting facilities investor Greenbacker Renewable Energy Company LLC (GREC) on Monday said it has acquired utility-scale solar projects totalling 50 MW, all located in Greene County, in the state of New York.
May 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, hecate, greenbacker, solar projects
Amazon agrees 450-MW solar purchase in California with AES
Amazon.com Inc (NASDAQ: AMZN) has dedicated to acquiring electrical power from 450 MW of solar parks to power its data centres in California under a handle power supplier AES Corp (NYSE: AES).
May 6, 2022 // Markets & Finance News, California, USA, Amazon, North America, AES
Research study suggests solar power can be cleanly exchanged storable hydrogen fuel
Study led by the University of Strathclyde suggests that solar power can be accessed and also exchanged hydrogen-- a clean and also sustainable fuel.
May 6, 2022 // Technology, University of Strathclyde, Hydrogen Fuel, Sebastian Sprick