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Enfinity Global secures €500 million to develop 1.5 GW solar portfolio in Italy
Spanish renewable energy company Enfinity Global has secured a €500 million ($558 million) deal to develop and construct a 1.5 GW solar asset portfolio in Italy. The investment has been structured through a club deal involving a consortium of partners, including Infranity, Schroders Capital, Rivage, BNP Paribas Asset Management, and the Queensland Investment Corporation (QIC). Infranity investment director Garbiñe Unda Barturen expressed a strong commitment to supporting Enfinity’s growth in the renewable energy sector, highlighting…
OX2 sells 119 MW solar farm in Victoria
OX2 has agreed to divest a 119 MW alternating current (MWac) solar farm in Victoria, Australia, to an undisclosed buyer. As part of the agreement, OX2 will oversee the construction process on behalf of the new owner and will also manage the technical and commercial aspects of the project under a five-year management contract. The solar farm is expected to be operational by 2027 and will generate 242 gigawatt hours (GWh) of electricity annually, enough…
Insolation Energy secures Rs 5 billion contract for rooftop solar in Rajasthan
Insolation Energy Limited has won a contract valued at Rs 5 billion from Rajasthan Renewable Energy Corporation Limited (RRECL) to install 77 MW of rooftop solar power systems across Rajasthan. The project includes the design, supply, erection, testing, commissioning, and installation of rooftop solar photovoltaic (PV) systems on state government and government-owned buildings in Jaipur, Ajmer, and Kota districts. Under the contract, a 67 MW solar plant will be set up in Jaipur, while Kota…
GE Vernova unveils advanced containerized solution for energy storage
GE Vernova Inc. has launched the RESTORE DC Block, an advanced containerized solution for Battery Enabled Energy Storage (BESS) with a capacity of 5 MWh and an operational duration of 2-8 hours. Designed for utility-scale renewable and energy storage projects, the solution enhances grid reliability by storing excess energy during high-generation periods and releasing it when demand peaks. The RESTORE DC Block is part of GE Vernova’s FLEXRESERVOIR system, which integrates battery storage, power electronics,…
Andhra Pradesh to solarize 1,200 agricultural feeders
Special Chief Secretary for Energy, K Vijayanand, announced that Andhra Pradesh is advancing its renewable energy initiatives by solarizing approximately 1,200 agricultural feeders, which will add a solar capacity of 3,725 MW. This move aims to provide free electricity to 1.96 million agricultural consumers in the state. Vijayanand also revealed plans to solarize all government buildings in the state by December 2025, with support from Central Public Sector Enterprises like NTPC Vidyut Vyapar Nigam Limited…
UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali
Nakheel, a subsidiary of Dubai Holding Real Estate, has partnered with the Dubai Electricity and Water Authority (DEWA) to develop two substations on Palm Jebel Ali, with an investment of AED 270 million. DEWA will handle project management, including tendering, award, and construction. These substations, each with a capacity of 132/11 kV, will provide a combined 400 MVA of electricity to meet the energy needs of Palm Jebel Ali, supporting areas like the fronds and…