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…
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…
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…
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…
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….
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…
Ørsted has divested a 50% equity stake in three US solar and battery projects to Energy Capital Partners (ECP) for $572m. The projects include Mockingbird Solar (468MW) and Sparta Solar (250MW) in Texas, as well as the Eleven Mile Solar Center in Arizona, which combines 300MW of solar power with 300MW/1,200MWh battery storage. Details of…
Sembcorp Green Infra (SGIPL), a unit of Sembcorp Industries, has secured a 150 MW solar project with a 300 MWh battery energy storage system (BESS) from Solar Energy Corporation of India (SECI). SGIPL has received the letter of award (LoA) for the project. This marks Sembcorp’s first solar-BESS hybrid project in India, bringing its gross…
VCI Global aims to develop and acquire up to 100 MW of solar photovoltaic (PV) projects across Southeast Asia and Europe within the next five years, generating an estimated $200 million in revenue over 20 years. The company plans to source at least 70 percent of this capacity from projects in Malaysia, leveraging government programs…
Solarvest Holdings Bhd has partnered with Singapore-based Vista Contracting and Investment Global Private Limited to develop rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia. The collaboration, formalised through a memorandum of understanding, aims to leverage both companies’ renewable energy expertise to create strategic advantages and boost commercial outcomes. Vista focuses on investing,…