IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
UK’s WiseEnergy bags deal to manage 550MWp Indian solar assets
WiseEnergy will provide asset management services for the four solar plants in Madhya Pradesh and Andhra Pradesh that UK-based equity investor Actis acquired from Indian developer Acme Solar recently.
Europe will be our next stop – S&W solar interview
Having bagged large orders in the U.S. and Australia, Indian multinational engineering, procurement and construction (EPC) services provider Sterling and Wilson Solar is bidding for tenders in regions which have eased up business lines, Europe among them. Kannan Krishnan, S&W’s chief operations officer for solar in India and the South Asian Association for Regional Cooperation area, speaks to pv magazine about the impact of Covid-19 on the solar EPC business and the company’s expansion plans.
India, Russia to fund joint R&D in renewable energy
The programme aims to create market-ready technology-based solutions, products, and services with the potential to scale in India, Russia, and other countries.
Fourth Partner Energy raises US$15 million from Swiss investor responsAbility
The Hyderabad-headquartered developer will utilize the debt funding towards construction of upcoming projects for its clients as it aims to add around 350 MW capacity across both open-access and distributed solar portfolios this fiscal year.
Enel joins the Indian solar gold rush
The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the recent, record-setting tender held by SECI, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.
BP commits $70m to UK-India green growth fund
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
UK investor NextEnergy acquires 27.4 MWp solar project in Odisha
The plant—constructed and operated by Germany-headquartered IBC Solar Energy—is NextEnergy’s first investment in India as part of its strategy to acquire ready-to-build or operational solar projects across high-growth international markets.
Solarpack reveals record-breaking solar plant will be in Rajasthan
The Spanish developer, which will sell solar energy at an Indian record low tariff of Rs2.36/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
The long read: Sink or swim
The impressive progress made by offshore wind arrays may be attracting a new group of PV developers looking to leave the constraints of the roof and free field behind. And while saltwater, wind and waves are no friend of PV, progress is being made in proving the potential applications.
