Copenhagen Infrastructure New Markets Fund (CI NMF) has inked a pact with Amp Energy India Private Ltd for joint equity investment of over USD 200 million (around Rs 1,500 crore) in renewables. Copenhagen Infrastructure Partners (CIP), among the largest renewable energy focused fund managers globally, has signed an investment agreement through its Copenhagen Infrastructure New […]
Sungrow Supplies the World’s Largest C&I Rooftop PV Plant
Jining, China : Sungrow, the global leading inverter solution supplier for renewables, announced the Company supplied inverter solutions to the world’s largest commercial & industrial rooftop PV plant, endowing a capacity of 120 MW, in Jining, China’s Shandong province. Located in the industrial park covering 43 rooftops, the PV plant is expected to generate 110 […]
Vietnam: Direct Power Purchase Agreements (DPPA) And Solar Rooftop- Updating Development Of New Regulations On DPPA And C&I Rooftop In Vietnam
Both draft regulations for the Direct Power Purchase Agreement (DPPA) pilot program and the C&I Rooftop Solar are now still under review by the competent authorities. Below are some key updates in these two sectors in Vietnam up to June 2021: 1. Key updates on the Direct Power Purchase Agreement (DPPA) pilot pro-gram: MOIT is […]
Solar Sets Eyes on East Africa
Solar company Premier Solar Group has instructed Clyde & Co on its sale of a 50% interest in its East African business to Nigerian company Starsight Energy. The sale of a 50% stake in Premier Solar Group’s East African operations to Starsight Energy will lead to the formation of a new joint venture company named […]
DSD Secures $85M in Tax Equity Financing to Support Pipeline of Distributed Generation Solar
SCHENECTADY, N.Y. : Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority […]
SHV Energy Acquires Majority Stake in SunSource
SHV Energy will invest in SunSource Energy, a leading provider of distributed energy for commercial and industrial (C&I) customers in India with a presence across South-East Asia. SHV Energy’s acquired majority stake is part of the companies’ renewable solutions strategy and ensures a further expansion of SunSource’s solar portfolio to 550+ megawatt peak (MWp) by […]
Blackstone commits US$250m to new distributed energy investments
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers. GSO Capital Partners, Blackstone’s credit investment platform, will initially commit US$250 million to fund ClearGen, which will offer capital alongside companies that develop and operate distributed infrastructure such as renewable energy […]
Why Doesn’t Load Flexibility Have the Same Incentives as Energy Storage?
Load flexibility can deliver the same value as behind-the-metter batteries at a much lower cost, the author writes. We are in the middle of the most remarkable transformation in the history of the electricity grid — from dirty and centralized to clean, distributed, and digital. Many policymakers and pundits believe that if only we had […]
In U.S., Engie and Hannon Armstrong Form Multi-Gigawatt Renewables Partnership
The portfolio will stretch across five states and encompass both wind and solar projects. The North American arm of European energy giant Engie SA and climate-focused investor Hannon Armstrong announced Thursday they will partner on a 2.3-gigawatt portfolio of U.S. wind and solar projects slated for completion this year. The two will split equity ownership […]
WoodMac: How the Renewables O&M Market Is Adapting to the COVID-19 Crisis
Digital tools such as analytics and remote monitoring will get a boost as wind and solar plant operators draw lessons from the lockdown. Renewables generation has proven largely resilient during the COVID-19 pandemic. Even as global electricity demand has declined, wind and solar PV penetration continues its growth in many regions. In the U.S. — one […]