Power Plants

Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.

Renewable energy body MASEN launches tender to pick firms to deploy portfolio at nine preliminary locations country-wide, with the government set to pre-equip sites.

Lightsource BP has clinched a funding deal with London-headquartered bank NatWest to finance the development of its maiden Spanish solar projects.

According to reports, the CPIA (China Photovoltaic Industry Association) is expected to seek Chinese government support for the sector as the coronavirus continues to spread.

CEO of Portugal’s renewable energy association APREN on whether Iberian nation can reach 8.1-9.9GW of PV by 2030 and why subsidy-free will require playing ‘different game’

Tech giant Amazon has signed off on an agreement to purchase close to 70% of the power generated from a 120MW PV project that Dominion Energy is developing in Virginia.

Duke Energy Renewables’ 100MW Lapetus Solar project in Andrews County, Texas, began commercial operation in December 2019. This stands as Duke Energy's second solar project in commercial operation in Texas and the first large-scale PV project in Andrews County.

Formerly New Delhi-based firm endorses India's efforts towards 175GW-by-2022 renewable capacity target at event marking HQ relocation to UK capital.

Mining giant Fortescue will mix solar (150MW), gas (150MW) with “large-scale” storage battery at hub in Western Australia, adding to 60MW first solar stage announced last year.

Capstone Infrastructure Corporation acquires majority stake in 132MWac project in Alberta province, joining fellow owner Obton as project originator Perimeter exits.