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Battery manufacturer Exide Industries has actually increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with an additional financial investment of Rs 33.17 crore.

The Chinese module giant has committed to sourcing 70% of its energy from renewables by 2023 and all of it by 2025. If serious, that could represent confidence in the amount of new renewable energy generation capacity to come online in China given the company’s huge production capacity expansion plans.

Atlas stated that this marks the first time that BNDES has actually carried out an US dollar-indexed loan to a renewable energy project. The solar project will generate 815 GWh of power every year which amounts providing clean energy to 394,000 homes as well as offsets 61,000 tons of CO2 emissions annually.

The tender has actually been presented for take the pressure off the nation power grid run by Eskom. Presently, Africa is mired in the dire challenge of electrcity and water supply. Power outages have actually become a common phenomenon right here.

Trina Solar has actually introduced the launch of the pilot line for the automation of the 500W+ Duomax V as well as Tallmax V (V collection) components.

Hoymiles has released new microinverters that are expected to decrease the upfront cost for customers while not compromising the overall efficiency. The new HMS-C series of microinverters are available in Europe, The United States And Canada as well as Oceania, as well as the HMS-D series of microinverters are available in Latin America and also Asia Pacific.

The DFI's investment is consisted of a Rs 350 crore (United States $47 million) follow-on commitment to 4th Partner Energy, and a Rs 315 crore (US $42 million) project finance debt investment to Thar Surya 1 Private Limited-- an Indian subsidiary of Enel S.p.A, Italy (Enel).

Lithuania’s Ignitis Group will invest €130 million to install 291 MW/582 MWh of battery storage at wind and hydro sites, targeting grid flexibility by 2027.

Cox Group acquires Iberdrola's Mexican assets for $4.2B, boosting renewable energy capacity and fueling ambitious growth plans in Mexico.

United States independent power producer DESRI is intending to raise as much as US$ 100 million in an initial public offering (IPO) that will see the company noted on the Nasdaq.

Solar EPC company iSun is investing in US commercial PV project programmer Encore Renewable Energy as part of efforts to increase its geographic expansion.

Italian energy giant Enel SpA (BIT: ENEL) on Thursday released initial results for 2020, showing that, at EUR 17.9 billion (USD 21.4 bn), regular EBITDA stayed unchanged contrasted to the exact same period a year prior.

Brazilian energy services firm Cemig Solucoes Inteligentes em Energisa SA, much better called Cemig SIM, has signed an agreement to acquire a 49% stake in an 18.5-MWp of solar distributed generation (DG) plants.

EDP Energias do Brasil SA (BVMF: ENBR3) announced on Monday it has wrapped up the purchase of a roughly 34-MWp solar distributed generation (DG) platform from power producer AES Tiete Energia SA.

New gauges presented by the federal government permit families, companies as well as public entities to create as well as trade tidy electrical power in low-voltage grids. The brand-new structure is open to power projects with a generation ability no larger than 200 kW.