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Jakson Group, nation's among the leading varied power as well as EPC options company, is intending to spend Rs 300 crore in the state of Assam by establishing the state's most significant solar energy plant having 70 MW ability.

The Ministry of New and also Renewable Energy (MNRE) has actually decreased the toll ceiling by 70 paise to Rs 2.8 each from Rs 3.5 each previously under the phase-II of the Central Public Sector Undertaking (CPSU) program for establishing 12 GW of capability solar projects.

Nucor Corporation announced that it has actually authorized a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 MWAC of brand-new solar power in Texas. The agreement, which will enable EDFR to add even more tidy energy to the area's power grid, is Nucor's first VPPA and the biggest of its kind for the steel sector.

A collaboration has just been established in between the International Finance Corporation (IFC), the World Bank subsidiary in charge of economic sector financing, and also the Agricultural Bank of Egypt (ABE). The partnership intends to fund solar-powered watering systems in Egypt.

The United States Senate has actually approved 2 candidates for the Federal Energy Regulatory Commission (FERC) that were chosen by President Donald Trump, bringing the company to a full enhance of five commissioners.

The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.

Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.

The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.

Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.

Canadian business Caledonia Mining Corporation plc wants to build a power plant at its Blanket mine near Gwanda, in southern Zimbabwe.

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania

JRE has commenced commercial operation of its 44 MW Nishinosato solar energy park in Fukushima

With its rapid economic growth and increasing need for power services, India is well-placed to invest a lot more in clean, cheap reliable sources of power, especially in the solar sector. Nonetheless, this potential stays mainly untapped. The Indian federal government has set an objective of 100 gigawatts (GW) of solar energy capacity by 2022, yet it had actually just installed 34 GW by mid-2020.

Azure Power Global saw its price of deploying solar fall by almost 19% last year, however the company still recorded a net loss of US$ 38.1 million in the quarter finishing 31 March 2021 regardless of a year-on-year boost in earnings.

Japan's 8th solar auction, for projects with a generation capability of more than 250kW, has gathered prospective buyers safeguarding a total amount of 208MW.