The Emerging Africa & Asia Infrastructure Fund (EAAIF) has provided a $30 million senior secured corporate loan to Hassan Allam Utilities. The funding will support the Minya 1 GW solar and 660 MWh battery energy […]
Sungrow has introduced its C&I PowerStack On&Off-Grid solar storage solution. The solution is designed to provide continuous power supply while supporting C&I users in achieving their decarbonisation goals through flexible system configuration and multi-scenario adaptability. […]
Suzlon recently announced a major strategic repositioning under its Suzlon 2.0 vision. Alongside a comprehensive brand refresh, the vision includes its plans to evolve from a wind turbine manufacturer into a wind-led, integrated renewable energy […]
Quinbrook has achieved the final close of its Quinbrook Renewables Impact Fund (QRIF II), raising GBP 587 million through the fund, surpassing its GBP 500 million target.The fund will invest in renewable energy, energy storage, […]
Polaris Renewable Energy has signed a 30-year mixed investment agreement with CFE for the development, financing, construction and operation of three renewable energy projects in Mexico. The portfolio comprises approximately 250 MWdc of solar capacity […]
Opdenergy has secured $227 million in financing for its operational renewable energy portfolio in Chile. The financing was provided by SMBC, BNP Paribas and ICO and is backed by long-term DISCO and private power purchase […]
Serentica Renewables has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 600 MW/2,400 MWh project under SECI’s firm and despatchable renewable energy (FDRE) VII assured peak […]
Sungrow commissioned the 100 MW/400 MWh Santong battery energy storage project (BESS) in Terengganu, Malaysia. It is owned and developed by Tenaga Nasional Berhad (TNB). Sungrow supplied 90 PowerTitan 2.0 liquid-cooled BESS units along with […]
Vena Energy has secured A$1.4 billion in green financing to support its Australian solar and BESS assets. The financing is backed by BNP Paribas, Bank of China, DBS Bank, ING Bank, Intesa Sanpaolo (IMI CIB […]
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a request for selection (RfS) for the selection of battery energy storage system (BESS) developers to set up 2,000 MW/4,000 MWh (1 cycle) of BESS […]
Grenergy has signed a power purchase agreement (PPA), securing a 15-year contract to supply 1 TWh of electricity annually to an investment-grade global utility in Chile. The agreement will be effective between July and October […]
IPX Power has secured $4.95 billion in committed financing for the construction and operation of the Darden solar and storage projects located in Fresno County, California. The project will feature 1.15 GWac of solar capacity […]
EDF Power Solutions and the Sultanate of Oman have signed three agreements to advance energy cooperation and sustainable development. The agreement include the 2 GW Jabal Abyad Pumped Hydro Energy Storage (PHES) Project, to be […]
India’s battery energy storage system (BESS) is witnessing growing momentum as storage assumes a larger role in supporting renewable energy integration and grid reliability. According to the Central Electricity Authority’s (CEA) National Generation Adequacy Plan, […]
Two significant inefficiencies continue to plague the renewables sector, demanding continued discussions. One, the curtailment of renewables due to grid-related challenges; and two, the 44.8 GW of renewable projects that remain stranded with unsigned power […]
Lineage Power Private Limited, a subsidiary of Pace Digitek Limited, has signed a supply agreement with Guangzhou Rongjie Energy Technology Co. Limited (RJE Tech) for the supply of 3 GWh of lithium iron phosphate (LFP) […]
Serentica Renewables has announced plans to invest Rs 1,000 billion in Rajasthan over the coming years to expand its renewable energy capacity, with more than Rs 100 billion already invested in the state. Rajasthan accounts […]
CIM Group’s Permanent Power Company has secured approximately $600 million in construction financing for its Grape solar and battery storage project. The project is located in California. The financing package comprises a $372.3 million construction-to-term […]
Salt River Project and Aypa Power have commissioned the Pediment Battery Energy Storage System (BESS) located in Mesa, Arizona. The BESS has an installed capacity of 250 MW/1,000 MWh. The facility can supply enough electricity […]
BLT Energy has received development approval from the Regional Development Assessment Panel for its Red Gully Battery Energy Storage System (BESS) project in Western Australia. The project has a total capacity of 800 MW/4,800 MWh […]
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