Partners Group to acquire Sunsure Energy
The Swiss investment manager will invest up to $400 million to transform Sunsure into a next-generation independent power producer. The platform targets 3 GW of capacity from Partners Group’s equity commitment.
Power minister launches transmission system plan for over 500 GW renewables capacity by 2030
India’s Ministry of Power has chalked out a comprehensive plan for the evacuation of power from the planned 500 GW of renewables capacity by 2030. The plan envisages an additional transmission system and the installation of battery energy storage capacity.
PV windows cut energy use by 40% in glazed buildings, says NREL
The US National Renewable Energy Laboratory (NREL) has shown that perovskite-based thin-film PV, transparent PV, and dynamic PV glazing technologies can reduce the energy use of glazed buildings by around 40% across eight regions in the United States.
Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh
Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.
Adani Green becomes world’s largest wind-solar hybrid power developer
The developer has commissioned a 450 MW wind-solar power plant in Rajasthan. With this, it has reached a cumulative hybrid power generation capacity of 1.44 GW.
Sterlite Power acquires Kishtwar transmission project in J&K
The project comprises a 400/132 kV gas-insulated substation at Kishtwar and a 400 kV Kishenpur-Dulhasti line-in line-out transmission line.
No funding for new coal in 2021
The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($4,598 million) in 2021. No new project finance for coal was reported.
Panasonic unveils vehicle-to-home system for PV-powered homes
Panasonic claims that its new vehicle-to-home system can increase the self-consumption rate of residential solar and storage capacity to 90%.
Jindal Stainless signs 300 MW wind-solar PPA with ReNew Power
The stainless-steel manufacturer has selected ReNew Power to develop a utility-scale wind-solar project for its self-consumption.
REC arm tenders 1.25 GW of ISTS solar projects
REC Power Development and Consultancy Ltd has invited global bids to develop 1.25 GW of solar projects on a build-own-operate basis in India. Bidding closes on December 26.
