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The globe has actually made the shift from one leading kind of energy to another a number of times. The substitute of fossil fuels with renewables marks the following historical shift. Yet, to make certain sustainability and worldwide climate security, this latest energy transformation requires to occur much faster.

SJVN has actually nabbed the full priced estimate capacity of 15 MW on 'build own and also run' basis via e-Reverse Auction held by Solar Energy Corporation of India, the company claimed.

Azure Power exceeded the upper end of its profits assistance for its Q3 fiscal year thanks to the enhancement of brand-new renewables projects.

A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for a business value of EUR2.5 billion (US$ 2.7 billion).

The project, planned for Khovd in the west of the country, is being developed with the support of the World Bank.

A 6 MW solar plant and 5 MW/2.5 MWh storage system are set to increase the share of renewable electricity on the Pacific island of Nauru from 3% to 47%. The $27 million project is being supported by the Asian Development Bank (ADB).

Originally intended to commission 140 MW of storage, the tender drew three winning projects: a 50 MW system and two 30 MW facilities. Eirgrid has estimated the total value of the contracts at around €6 million per year.

Neoen has completed the 51 MW Paradise Park solar plant in the Caribbean. The facility will generate electricity for the Jamaica Public Service Company Limited for US$85/MWh over 20 years.

Engie has been hired by Guam’s state electricity utility to build two solar-plus-storage plants with a combined capacity of 50MWp/300MWh on the Micronesian island.

Google says it will spend US$150 million on renewable energy in regions where its products are manufactured, in a move it hopes will galvanise a further US$1.5 billion of investment.

Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.

The Space Solar project will supply electricity to distant military posts, with no necessity to endanger convoys.

The energy company insists it has the biggest battery network managed by VPP in the world.

Daqo New Energy, major crystalline silicon manufacturer, got revenue of $83.9m and gross profit of $18.1m during Q3 of 2019. The new facility with 35,000MT production capacity is to be commissioned by the end of the year.

Uttar Pradesh, the most populous state of India, with around 200 million inhabitants, is trialling a solar trading platform