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JUWI Renewable to begin construction on solar projects in South Africa

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JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million.  The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant for Teraco Data Centres, a…

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Reliance incorporates two subsidiaries for renewable energy projects

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Reliance Energy Limited (REL), a subsidiary of Reliance Infrastructure Limited, has established two wholly-owned subsidiaries to implement renewable energy (RE) projects in India. The subsidiaries, Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited, will focus on solar and other RE power generation projects, as well as associated transmission and distribution projects.

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Plenitude acquires 49% stake in California solar and storage projects

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Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The projects include the Sandrini 100 and Sandrini 200 solar farms, along with the Sandrini BESS storage facility. These plants share grid connection infrastructure and have a combined installed capacity of 499 MWdc, with Plenitude’s share amounting…

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Bank of Baroda secures loan awards for 800 MW solar projects in Gujarat

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Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at Khavda Solar Park (GSECL Stage…

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KP Green Engineering secures Rs 1.66 billion in orders across sectors

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KP Green Engineering has received orders worth Rs 1.66 billion from multiple clients, reflecting its expanding market presence and diversified portfolio. The company has secured solar project contracts worth Rs 1 billion to supply fixed tilt module mounting structures, tracker-type mounting structures, and structural components.  It has also won a Rs 391 million order for 220 kV to 400 kV transmission tower materials, substation structures for 33 kV and 66 kV setups, hardware, cable trays,…

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Vistra connects solar projects in Illinois

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Vistra has connected two new utility-scale solar projects in Illinois to the grid as part of efforts to amend the retirement schedule for its 1,185 MW Baldwin Power Plant.  Originally set to retire in 2025, the plant will now operate until 2027, complying with federal Environmental Protection Agency retirement and pond closure requirements. The Baldwin site recently saw the addition of a 68 MW utility-scale solar facility and a 2 MW/8 MWh energy storage system,…

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Adani Green establishes new subsidiary AGE68L

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Adani Green Energy Limited (AGEL) has formed a wholly owned subsidiary, Adani Green Energy Sixty Eight Limited (AGE68L), under its subsidiary Adani Renewable Energy Holding Nine Limited.  AGE68L will focus on power generation, development, distribution, and supply from wind, solar, and other renewable energy sources. Incorporated in Ahmedabad, Gujarat, AGE68L has an authorised and paid-up capital of Rs 100,000, with Adani Renewable Energy Holding Nine Limited holding 100% of its share capital. The subsidiary has…

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Gensol secures Rs 8.97 billion solar EPC contract from NTPC

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Gensol Engineering Limited has won a Rs 8.97 billion contract from NTPC Renewable Energy Limited to develop a 225 MW grid-connected solar project.  The project will be executed on an engineering, procurement, and construction (EPC) basis at the Gujarat State Electricity Corporation Limited Solar Park (Stage-III) in Khavda, Rann of Kutch, Gujarat. The contract includes project development and operations and maintenance services for three years.

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Nozomi Energy acquires 312 MW solar portfolio in Japan

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Nozomi Energy, a Japanese renewable energy company and an Actis subsidiary, has acquired a portfolio of 12 operational solar projects, totalling 312 MW.  These projects, which range from 1 MW to over 60 MW, are backed by Feed-In-Tariff (FIT) contracts that extend at least until 2040, providing stable and predictable cash flows for the company. Nine of the projects are located in Japan’s Kanto region, while the remaining projects are situated in Tohoku, Chubu, and…

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TPG Rise Climate in talks to acquire Altus Power

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TPG Rise Climate, the climate investment arm of TPG, is in discussions to acquire US-based solar developer Altus Power, according to Reuters sources.  The deal, which could be formalized in the coming weeks, is not yet finalized, and there is still a possibility of no transaction occurring. Altus Power, a leading clean energy provider for both commercial and residential properties, manages one of the largest portfolios of commercial-scale solar plants in the US.  The company…