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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).

China's power planning agency the National Energy Administration (NEA) has actually required frequently regular monthly updates on new renewable resource projects from energy companies in the nation.

The Municipal Corporation of Chandigarh will soon get its initial solar energy plant at the Sector 39 waterworks. The floating solar energy panels are expected to produce electrical energy worth 1.38 crore each year.

Penso Power has actually signed a new arrangement with global maritime group BW Group that will see the build-out of the previous's UK battery storage pipeline totally funded.

US utility Appalachian Power has actually unveiled plans to obtain or contract for almost 300MW of solar PV over the next three years as it transitions in the direction of internet zero standing by 2050.

Constructed by the Chint Group, the project is currently the largest in China incorporating PV power generation as well as fish farming. It lies in Wenzhou, a city with a subtropical maritime monsoon climate in China's Zhejiang province.

Indian corporation Adani Group has actually established a brand-new subsidiary focused on areas including manufacturing solar equipment and also creating green hydrogen.

Energy storage system manufacturer Dynapower has announced its involvement with a new energy storage financing program. Partnering with Lease Corporation of America, Dynapower will offer financing to system integrators and energy storage system buyers.

The Solar Energy Corporation of India (SECI) has issued another tender, seeking PV developers to help develop 1.5GW of solar projects across the country. This latest tender stands as part of the second phase of the Central Public Sector Undertaking (CPSU) program.

The African countries of Botswana and Cameroon have taken steps to add a combined 125MW of installed PV capacity to their respective national grids.

The Uzbek government last week opened a rooftop solar program which provides 30% of the initial costs for buying and installing a PV system, up to around $320 per project. Tax incentives are also available.

Baltimore-based power provider Constellation has inked a deal to sell power from a 175MW solar facility in Virginia to Johns Hopkins University, spice and seasoning mix company McCormick & Company and department store corporation TJX Companies.

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

Seraphim has actually introduced that it has actually authorized an arrangement with ERS Energy to provide 183 MW of high-efficiency solar components for projects in the Philippines Jiangsu Seraphim Solar System (Seraphim), among the globe's leading solar module suppliers, lately introduced that it has actually authorized a contract with ERS Energy Sdn Bhd to provide 183 megawatts (MW) of high-efficiency solar components for projects in the Philippines.