SolarQuarter Global

JSW Neo Energy Acquires 4,696 MW Renewable Energy Platform from O2 Power JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited (“The Company”), has signed a definitive agreement to acquire a 4,696 MW renewable energy (“RE”) platform from O2 Power Pooling Pte. Ltd. (“O2 Power”), a platform jointly established by EQT Infrastructure & Temasek. The transaction entails the acquisition of O2 Power Midco Holdings Pte. Ltd. and O2 Energy SG Pte. Ltd and is subject to the approval of the Competition Commission of India (CCI) and other customary approvals standard for a transaction of this size. The transaction values the platform at an Enterprise Valuation of approximately ₹12,468 crores […] Read the full story here: https://lnkd.in/dh89cezw #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #acquisition #agreement #globalnews #jswenergy #jswneoenergy #o2power #renewableenergy #solarenergy

SECI Issues Tender For 10 MW Floating Solar Project At SCCL’s STPP In Telangana A new tender has been issued for the design, engineering, procurement, supply, construction, erection, testing, commissioning, and comprehensive operation and maintenance (O&M) of the 10 MW Floating Solar Power (FSPV) project at the Singareni Collieries Company Limited (SCCL)’s Singareni Thermal Power Plant (STPP) in Telangana, India. The project aims to enhance renewable energy generation at the STPP site. The project will have a 10-year operation and maintenance (O&M) period, ensuring the long-term sustainability of the solar power system. The Solar Energy Corporation of India Limited (SECI) will act as the Project Management Consultant (PMC) for the tender, overseeing the project’s […] Read the full story here: https://lnkd.in/dU5PHzQ7 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #india #seci #singarenicollieries #solarenergy #telangana

Global Progress In Off-Grid Renewable Energy: Advancements, Challenges, And The Path To Universal Energy Access In 2024 – IRENA Report The latest report on off-grid renewable energy statistics for 2024 highlights significant progress in the global adoption of decentralized energy solutions, driven primarily by the necessity to provide electricity to remote and underserved areas. The data indicates a steady increase in installed off-grid capacities across various regions, including Africa, Asia, Central America, and Oceania, showcasing the growing impact of renewable energy technologies in meeting energy access needs. Over the past decade, off-grid renewable energy capacities have expanded, with notable contributions from solar, hydropower, and biogas systems. Africa, in particular, has demonstrated remarkable growth in the deployment of small-scale solar solutions, […] Read the full story here: https://lnkd.in/duyaczBP #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #india #irenareport #renewableenergy #solarenergy #sustainable

CERC Approves Transmission License For Khavda IV A Power Project To Boost Renewable Energy Integration In Gujarat The Central Electricity Regulatory Commission (CERC) has approved Petition No. 338/TL/2024 submitted by Khavda IV A Power Transmission Limited (KIVAPTL), a company under Adani Energy Solutions Limited, for a transmission license. The petition concerned the implementation of the “Transmission scheme for evacuation of power from potential renewable energy zones in Khavda, Gujarat, under Phase-IV (7GW): Part A.” This project aims to establish a robust transmission infrastructure to facilitate renewable energy integration. The license approval was based on regulations stipulated in the Electricity Act, 2003, and the Central Electricity Regulatory Commission’s Transmission Licence Regulations, 2024. The project will be executed on […] Read the full story here: https://lnkd.in/dedeQaeB #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #adani #cerc #gujarat #india #transmissionlicense

CERC Approval Granted For Transmission Charges Of Bhadla-III Renewable Energy Project The Central Electricity Regulatory Commission (CERC) has passed an important order regarding the adoption of transmission charges under Section 63 of the Electricity Act, 2003. The petitioner in this case is Bhadla-III Power Transmission Limited, a wholly owned subsidiary of Power Grid Corporation of India Limited. The petition concerns the establishment of an inter-state transmission system to facilitate the evacuation of power from the Bhadla-III Power Station, which is part of the Rajasthan Renewable Energy Zone Phase II. The transmission system is crucial for enhancing renewable energy integration and ensuring efficient power distribution across states. The petitioner sought approval for […] Read the full story here: https://lnkd.in/d82TViQH #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #cerc #india #regulatoryaffairs #solarenergy #transmissioncharges

CERC Approves ₹537.70 Million Transmission Charges For Tumkur-II Renewable Energy Project The Central Electricity Regulatory Commission (CERC) recently concluded its review of a petition filed by Tumkur-II REZ Power Transmission Limited. The petition sought the adoption of transmission charges for the “Transmission Scheme for Integration of Tumkur-II REZ in Karnataka,” which aims to integrate renewable energy zones through a new inter-state transmission system. The project was developed on a Build, Own, Operate, and Transfer (BOOT) basis and followed a transparent bidding process. The bidding process was conducted by REC Power Development and Consultancy Limited, designated as the Bid Process Coordinator. Following the guidelines issued by the Ministry of Power, the bidding […] Read the full story here: https://lnkd.in/di-uNwK7 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #cerc #india #karnataka #regulatoryaffairs #transmissioncharges

POWERCHINA to Develop Solar Power in Panama POWERCHINA recently met with Sajalices Energy Co at its regional headquarters in Panama to sign the EPC (engineering, procurement, and construction) contract for the 530-megawatt Sajalices Photovoltaic Project. Counselor Zhou Quan of the Chinese Embassy in Panama stated that POWERCHINA has achieved remarkable results in renewable energy and that both sides will cooperate sincerely and jointly to make the photovoltaic project a model for China-Panama renewable energy cooperation. Zhang Guolai, general manager of POWERCHINA Americas, said the signing marks another important achievement in POWERCHINA’s deepening Latin American market presence and its implementation of the Belt and Road Initiative. He added that, once completed, the project will […] Read the full story here: https://lnkd.in/duAhaKbP #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #america #centralamerica #epccontract #panama #photovoltaicproject #powerchina #renewableenergy #solarenergy #solarpower #southamerica

Scatec Begins Construction of 142 MW Solar Plant in Brazil, Secures €25M Debt Facility Scatec ASA has commenced construction of a 142 MW solar power plant in Minas Gerais, Brazil. To support its equity investment in the project, Scatec has secured a €25 million debt facility from IFU, the Danish Investment Fund for Developing Countries. This funding, combined with Scatec’s expected equity injection of $28 million, underscores the company’s commitment to advancing renewable energy in the region. The project has a power purchase agreement (PPA) in place with Statkraft for approximately 75% of its anticipated output, with the remaining energy to be sold through a mix of short, medium, and long-term contracts. The total […] Read the full story here: https://lnkd.in/dXxh_jke #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #america #brazil #ifu #renewableenergy #renewableenergy #scatecasa #solarenergy #solarplant #southamerica

Voltalia Begins Construction of 25.1 MW Solar Projects in Southern France Voltalia has commenced construction on three new solar power plants in southern France, totaling a combined capacity of 25.1 megawatts. The first project, a 10.7 MW photovoltaic park, is being developed on a 15-hectare plot of agricultural wasteland. Innovative solar panel trackers and a tailored irrigation system will allow farming activities to resume alongside energy generation. The other two projects, with capacities of 8.2 MW and 6.2 MW, will feature fixed-structure solar farms. Collectively, these projects will generate enough electricity to power over 18,000 residents annually while preventing 7,500 tons of CO2 emissions. “With a capacity of 461 megawatts in […] Read the full story here: https://lnkd.in/dkpJ5JgC #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #europe #france #photovoltaic #renewableenergy #renewableenergy #solarenergy #solarpowerplants #voltalia

NTPC REL Wins 500 MW Solar Project in SECI Auction NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited (NGEL), has secured 500 MW of solar capacity in an e-reverse auction conducted by the Solar Energy Corporation of India (SECI) on December 9, 2024. The auction involved 2000 MW of ISTS-connected Solar PV Power Projects, including a 1000 MW/4000 MWh Energy Storage System (ESS). NTPC REL won its bid at a tariff of ₹3.52 per kWh and will establish a 250 MW/1000 MWh ESS alongside the contracted solar capacity as part of the tender requirements. This achievement aligns with NTPC Green Energy’s robust growth trajectory, following […] Read the full story here: https://lnkd.in/dmzFXvw7 #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #asia #india #ntpc #renewableenergy #renewableenergy #seci #solarcapacity #solarenergy