Saatvik Solar has entered into a contract with G2H Solar to supply 200 MW of high-efficiency solar photovoltaic (PV) modules for projects across India.
The modules, featuring advanced mono PERC bifacial half-cut technology with power ratings of 540/550 Wp, will be delivered over 12 months starting in January 2025.
Fluence Energy, a subsidiary of Siemens, and Excelsior Energy Capital have partnered to install 2.2 GWh of battery energy storage systems (BESS) in the United States by 2025. The project will utilize Fluence’s Gridstack Pro product line, with battery cells manufactured in Tennessee and modules produced in Utah, benefiting from the Inflation Reduction Act’s (IRA) domestic content bonus. Gridstack Pro is one of the first BESS projects to qualify as domestic content under the IRA.
Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS) projects. The deal was inked during the fourth Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy (MNRE) in Gujarat. This financing will enable Sunsure Energy to expand its portfolio of open-access hybrid projects across India, helping the…
Engie Brasil Energia has begun commercial operations for the first 15 turbines at its Serra do Assuruá wind complex in Bahia, Brazil. This initial phase contributes 8% of the project’s planned 846 MW capacity. The complex, one of ENGIE Group’s largest single-phase wind projects globally, is set to be fully operational by the end of 2025. Located in Gentio do Ouro, Serra do Assuruá will feature 24 wind farms with 188 turbines. This is Engie’s…
The Energy and Resources Institute (TERI) has unveiled a policy brief, Green Hydrogen – Path to Decarbonization, thoroughly analysing India’s green hydrogen initiatives. India’s targets under the Green Hydrogen Mission include 5 million tons of green hydrogen annually by 2030, potentially increasing to 10 million tons as demand grows. The government has allocated Rs 197.44 billion for this mission, primarily funding the Strategic Interventions for Green Hydrogen Transition (SIGHT) program and pilot projects to support…
KPI Green Energy has received a letter of award (LoA) for the development of a 66.20 MW hybrid power project from Sai Bandhan Infinium. The project will be executed under the company’s captive power producer (CPP) segment, with completion expected by July 2025 in multiple phases.
Norwegian renewable company Hydro Energi has settled its long-term power purchase agreement (PPA) with Swedish wind farm operator Markbygden Ett. Originally signed in 2017, the PPA was intended to supply 1.65 TWh annually from 2021 to 2039, backing the financing of Markbygden’s onshore wind park in northern Sweden, which had a projected output of 2.2 TWh per year. However, due to financial difficulties, Markbygden Ett halted power deliveries to Hydro Energi on February 6, 2023,…
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