Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India.
The projects were awarded by various companies, including Aditya Ultra Steel, Suraj Dyeing and Printing, Sunita Processors, and several others.
The solar projects are expected to be completed under various tranches during FY 2026.
Nexamp has announced a partnership with Walmart to develop 31 community solar projects across the United States, expected to generate over 120 MW (DC) of renewable energy. This collaboration is their second, following a previous joint effort in 2021 for community solar projects in New York. The new solar farms, located in Maine, Massachusetts, New York, Illinois, and Minnesota, aim to provide affordable renewable energy to local businesses and residential subscribers. The projects are expected…
Masdar and Albania’s Korporata Elektroenergjitike Shqiptare (KESH) have signed a term sheet agreement to jointly explore gigawatt-scale renewable energy projects in Albania. This collaboration will focus on developing, constructing, and operating solar, wind, and hybrid energy projects, with potential integration of battery storage to enhance Albania’s clean energy infrastructure. The generated energy will serve both domestic demand and exports to neighboring countries. This agreement marks a further step in Masdar’s global renewable energy expansion, with…
Donald Trump’s potential return to the US presidency has prompted apprehension regarding America’s climate policy trajectory. During his first term, the United States withdrew from the Paris Climate Agreement, casting doubts on its commitment to global climate efforts. Trump has also been critical of climate finance mechanisms, such as the Green Climate Fund, labelling them as unfavourable wealth redistribution schemes while endorsing expanded fossil fuel production. Following his re-election, Trump has promised to increase domestic…
Hydrogen Oman (Hydrom) and thyssenkrupp nucera have signed a Memorandum of Understanding (MoU) to advance Oman’s green hydrogen sector. The partnership will focus on exploring localisation opportunities and establishing service hubs for water electrolysers to support hydrogen production. Hydrom, the national orchestrator of Oman’s green hydrogen strategy, has designated over 2,300 square kilometres for large-scale green hydrogen projects. The company aims to build an integrated hydrogen ecosystem through strategic collaborations and market analysis.
Tanzania will host the African energy summit on January 27–28 in Dar es Salaam, bringing together heads of government and over 1500 executives from multilateral agencies, the private sector, and diplomats. The summit aims to revolutionize energy access for 300 million people across Africa by 2030. Key objectives include the adoption of the Africa energy compact, the endorsement of national energy compacts for 2025–2030, and the approval of the Dar es Salaam Declaration on sustainable…
ACWA Power has obtained a $240 million Islamic Equity Bridge Loan (EBL) from the International Finance Corporation (IFC) to support renewable energy initiatives in Uzbekistan. The financing will facilitate the construction and operation of two projects: a 1 GW solar photovoltaic plant and a 668 MW battery energy storage system (BESS), along with approximately 500 km of high-voltage transmission lines. These projects aim to reduce Uzbekistan’s greenhouse gas emissions by an estimated 1.3 million tonnes…