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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.

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

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.

US tracker manufacturer FTC Solar will replace its Chief Executive Officer Tony Etnyre after two-and-a-half years in the function with ex-SunEdison and semiconductor company senior officer Sean Hunkler.

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has actually appointed a 250-kilowatt (kW) roof solar power project, ramping up its overall installed solar roof ability to 692 kW, according to a statement. The project was appointed on Wednesday, Coal India Ltd (CIL) claimed in a statement.

South Korean lithium-ion battery supplier LG Energy Solution (LG ES) has actually acquired US-based market gamer NEC Energy Solutions from NEC Corporation for an undisclosed sum.

For AGEL, the 40 MW solar asset in Odisha validates itself on the basis of the price and also PPA with SECI. The company has actually been one of the most active buyers on the market for solar assets that consist of PPA with main endeavors.

Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.