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Vector Green Purchases Rattan’s Solar Assets and Joins the Renewable Energy Big League
Vector green has officially joined the big energy league. The company has acquired 275 MW of solar assets from Rattan. Vector green is owned by the Global infrastructure Partnership of the United States. GIP operates Vena Energy with a portfolio of 11 gigawatts in Asia. The company is using Vector Green to build its Indian portfolio.
Dec 27, 2019 // Markets & Finance News, India, First Solar, SECI, NTPC, Asia, aditya agarwal, GE Finance, Global Investment partners, IL&FS, jindal steel and power, Punj Lloyd, rattan India, vector green
Adani Green payments 25 MW solar plant in Uttar Pradesh's Chitrakoot
Adani Green Energy Ltd (AGEL) on Monday said it has appointed a 25 MW solar power plant in Chitrakoot, Uttar Pradesh
Jan 11, 2021 // Plants, India, Asia, Adani Green Energy, solar plant
NextEnergy Capital secures US$ 232m for solar investments in OECD countries
NextEnergy Capital Group (NEC) has actually raised an added US$ 232 million for its global solar fund, as it targets PV projects in OECD countries such as the United States, Portugal, Spain, Chile as well as Italy.
Jun 23, 2021 // Markets & Finance News, finance, nextenergy capital, Michael Bonte-Friedheim, solar investment, investment fund
European Commission launches consultation ahead of solar strategy expose
The European Commission has actually introduced a public consultation on solar power on the continent as it continues preparations to publish its solar strategy later this year.
Jan 24, 2022 // Manufacturing News, Markets & Finance News, Policy, Europe, european commission
Azure Power chief executive officer abruptly resigns
Azure Power chief executive officer abruptly resigns
Aug 29, 2022 // Markets & Finance News, Azure Power, harsh shah
AC Energy begin on 283-MW solar park in the Philippines
AC Energy Corp (PSE: ACEN), part of Philippines-based empire Ayala Corp (PSE: AC), has begun constructing what will certainly be the biggest solar park in its residence nation, a 283-MW facility in Zambales province.
Nov 8, 2021 // Plants, Asia, Philippines, AC Energy, PV Power Plant, Solar Park
RUMSL's 300 MW Floating Solar Tender Oversubscribed by 700 MW
Rewa Ultra Mega's SOlar Ltd (RUMSL)- a joint venture in between SECI as well as MUVN, that is to create 300 MW floating solar project at the Omkar Reservoir at Madhya Pradesh has been oversubscribed. The oversubscription is by 700 MW. The cumulative capacity of the project is 600 MW.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Floating PV, tender, RUMSL, floating solar plants, bidding norms, Madhya Pradesh Power Management Company
Off-grid renewables firm Ryse Energy raises USD 15m in RWE-led round
Ryse Energy, a professional in decentralised renewable resource systems, has actually raised USD 15 million (EUR 13.7 m) in a growth funding round led by RWE Energy Transition Investments, an investment vehicle of the energy trading arm of German energy team RWE AG (ETR: RWE).
Apr 11, 2023 // Markets & Finance News, Ryse Energy, Costas Papamantellos
SJVN to Build 1.2GW Solar Parks in Punjab
SJVN wins contract to install 1.2 GW solar parks across India & 200 MW in Punjab. The projects will be developed on BOO basis with 25-year PPA. An estimated cost of INR 70 billion with completion by Dec 2024. SJVN aiming for 25 GW of renewable energy capacity by the end of the decade.
Jul 25, 2023 // Plants, Solar Park, SJVN, PUNJAB
NTPC Floats to Record Low: Wins 80MW Project at INR 3.80/kWh
NTPC Renewable Energy Limited wins 80 MW floating solar project in Madhya Pradesh with low cost of INR 3.80 kWh. MP government to bear cost of battery energy storage system of INR 30 million for sustainable, clean and affordable energy supply.
Aug 9, 2023 // Floating PV, India, NTPC, Asia, PV Power Plant
Solar Industry Hoping for More Elaborate Support From Union Budget
The brand-new Union Budget for 2021 has actually drawn in favorable reactions from sectors and the securities market alike, appreciating the federal government's effort to revitalize the economic climate.
Feb 2, 2021 // Markets & Finance News, India, Asia, Vikram Solar, Gyanesh Chaudhary, Amplus Solar, AMP Energy, budget 2021, SK Gupta, Guru Inder Mohan Singh
ADB might back non-Chinese solar production to strengthen Asia's ecological community
Asia's leading advancement sponsor may think about sustaining the setting up of PV manufacturing past China, in a proposal to minimise the dependence on Beijing laid bare by the COVID-19 dilemma.
Apr 8, 2020 // Manufacturing News, Markets & Finance News, ADB, pv power plants, c-si manufacturing, investment, Asian Development Bank, Coronavirus, covid-19, lsdigital, financedigital
Lohum Plans 250-crore Financial Investment in Capability Growth Over Following 3 Yrs
Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is intending to spend around 250 crores in the following 3 years in the direction of increasing its manufacturing capacity, which presently stands at 300 MWh of batteries each year as well as 200-250 units a day, with goals to at some point venture right into the manufacturing of batteries for four-wheeler electrical vehicles.
Apr 19, 2021 // Manufacturing News, Markets & Finance News, Lithium-ion batteries, India, Asia, EVs, four-wheeler EVs, Lohum Cleantech, Rajat Verma
Freyr Energy Elevates 18 Crore Investment from C4D, Total and also Schneider
Freyr Energy, a solar rooftop business based in Hyderabad, introduced yesterday that it has actually safeguarded an equity financial investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and also C4D Partners.
Apr 22, 2021 // Markets & Finance News, Rooftop PV, rooftop PV, Total Carbon Neutrality Ventures, C4D Partners, Freyr Energy, Schneider Electric Energy Access Asia, Gilles Vermot Desroches
PV to drive renewables investing growth in 2021 however complete investment far from net no path-- IEA
Renewables are readied to make up 70% of international financial investment in new power generation capacity this year with solar PV leading the development, but investing on clean energy have to increase much more swiftly if the world is to fulfill its environment objectives.
Jun 2, 2021 // Markets & Finance News, solar finance, IEA, energy transition, solar investment, covid-19 recovery, International Energy Agency