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Borrego finishes solar-plus-storage development arm sale to investors ECP
United States solar and energy storage designer Borrego has actually finished the formerly announced spin off and also sale of its development business to energy transition investor ECP for a concealed quantity, with the new company being relabelled as New Leaf Energy.
Aug 2, 2022 // Markets & Finance News, Storage, USA, storage, pv power plants, North America, acquisition, Borrego Solar, borrego, ecp
ReNew Power signs PPAs with Indian utilities and corporates for 2GW of solar PV
Indian Independent power producer (IPP) ReNew Power has signed a variety of offtake agreements with both state utilities and corporates in India totalling roughly 2GW.
May 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, SECI, Asia, Rajasthan, corporate ppa, corporate offtaker, ReNew Power, PSPCL, utility ppa
Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development
Honda as well as GS Yuasa will certainly talk about specifics with the goal of developing a joint venture company by the end of 2023. The two firms agreed to work toward the joint research and development of lithium-ion batteries as well as battery manufacturing methods.
Jan 24, 2023 // Storage, honda, Lithium ion Battery, research and development, Electric Mobility, battery for EV, GS Yuasa International, Honda Motor, Innovation and Growth, joint venture company, Osamu Murao, Toshihiro Mibe
Westbridge acquires controlling stake in Canadian solar company
Sunnynook Solar Energy is developing 236MWdc solar and 100MW battery system
Dec 1, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Canada, North America, Westbridge Energy Corporation, Sunnynook Solar Energy, Stefano Romanin
Lithuanian company AEI Raises EUR 92 Million For Renewable Energy Investments
AEI has actually already made investments in the development of solar energy plants in Poland and wind power projects in Lithuania.
Apr 20, 2023 // Markets & Finance News, solar power plants, wind power, AEI, Atsinaujinančios Energetikos Investicijos, Grėtė Bukauskaitė, Lords LB Asset Management
United States Investor funds Swedish PV outfit development
CarVal has actually spent EUR100m in Svea Solar to build projects outside its home country
Jun 9, 2022 // Markets & Finance News, USA, Sweden, CarVal Investors, Europe, North America, svea solar, Erik Martinson
Rays Power Commissions 150 MW Solar Plant In Karnataka
Rays Power declares that this project will about generate 2,40,000 MW of green energy per year & the entire project has actually been performed by Rays Power Infra's in-house EPC group within the scheduled amount of time with zero near misses as well as fatalities.
Aug 10, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Renewable Energy, karnataka, Solar Project, solar projects, Solar Park, green energy, Rajasthan Government, Rays Power Infra, Raichur and Koppal
Engie to Sell 74% Stake in India Solar Portfolio to Edelweiss
Engie has agreed to sell a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity in India to the Edelweiss Infrastructure Yield Plus.
Jan 23, 2020 // Markets & Finance News, India, Engie, Asia, Edelweiss, Paulo Almirante
EQT, Temasek JV brings on the internet 250-MW solar park in India
Indian renewable energy platform O2 Power Pvt Ltd has actually launched commercial procedures at a 250-MW solar park in the state of Rajasthan.
Jun 6, 2022 // Plants, Large-Scale, Commercial, PV Power Plant, O2 Power Pvt Ltd
EESL to establish Decentralised Solar Projects Worth 1.5 GW by 2021
EESL strategies to establish 1.5 GW of decentralised solar power projects throughout the nation by the end of 2020-21, its handling supervisor, Saurabh Kumar has actually stated.
Feb 26, 2020 // Plants, Large-Scale, Commercial, India, Asia, EESL, Decentralised Solar, Saurabh Kumar
Repsol Considers Full Acquisition of US Solar Company
Repsol SA eyes full ownership of Hecate Energy Group LLC, a US solar and storage developer, as discussions for acquisition heat up.
Jul 25, 2024 // Plants, Storage, USA, North America, Repsol SA
GCL project development business has $1.6bn current liabilities deficit
The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.
Aug 22, 2019 // Markets & Finance News, China, Hong Kong, Asia, GCL-Poly, China Hua Neng Group Hong Kong Ltd, China Three Gorges New Energy Co Ltd, GCL New Energy, Shanghai Rongyao New Energy Co Ltd
SoftBank may unload risk in Indian green power company SBG Cleantech.
Japanese conglomerate SoftBank Group is apparently in talks to sell its 80% risk in Indian green power company SBG Cleantech.
Jul 7, 2020 // Markets & Finance News, Japan, India, Asia, Softbank, SBG Cleantech
Six developers bag 1.85GW in Indian government solar auctions
The state-run Solar Energy Corporation of India (SECI) has revealed the results of two major utility-scale auctions held in June that saw six companies win 1.85GW of capacity.
Sep 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy Corporation of India, auctions, utility-scale, Rajasthan, tenders, ntpc corporation, mahindra susten
Covid-19 impact: Acme Solar wants to abandon record-low solar price tariff
The designer intends to cancel the power acquisition agreement it checked in 2018 for a 600 MW task awarded at a tariff of Rs2.44/ kWh, as it fears Covid-19-affected commissioning of the task will certainly stretch past the six-month extension from the scheduled date enshrined in the agreement.
May 27, 2020 // Manufacturing News, Markets & Finance News, India, SECI, Asia, covid-19, ACME Solar