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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.

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.

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.

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.

Azure Power chief executive officer abruptly resigns

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.

The MNRE has invited proposals for high-efficiency perovskite solar cells, solar panel recycling, hybrid inverters and new applications that combine solar and storage, among others.

With India’s power minister hinting that a new renewable energy tariff policy could be in the works, the federal agency responsible for solar has started boasting about the volume of clean power it has in the pipeline.

PV plants should have a minimum generation capacity of 50 MW (Air Conditioning) and offer power at a maximum price of Rs5/kWh.

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).

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.

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.

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.

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.

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.