Adani Green Energy sets up new subsidiaries
Adani Green Energy has established two new units, Adani Renewable Energy Fifty One and Adani Renewable Energy Fifty Five.
PPAs offer protection
Europe is witnessing a surge in power purchase agreements (PPAs). Over the past four years, the number of European PPA transactions has trebled. More than 180 deals were signed in 2022 alone and the trend is expected to continue, especially for solar projects.
Swedish zinc-ion battery startup secures funding for megafactory
Enerpoly, a Swedish startup that produces zinc-ion battery storage systems with durations of two to 10 hours, plans to scale production up to 100 MWh per year by 2026.
Swedish battery maker Nilar files for insolvency
Nilar, a Swedish producer of nickel metal hydride batteries, has filed for insolvency and is now looking for a new owner.
India’s Alpex Solar preparing IPO in Mumbai
India’s Alpex Solar has filed a draft prospectus for an initial public offering (IPO) on the NSE Emerge trading platform in Mumbai. It plans to use the net proceeds to expand its PV panel capacity from 450 MW to 1.2 GW and set up an aluminium frame manufacturing unit.
Finland’s gold rush: navigating the solar landscape
In the land of a thousand lakes and long, harsh winters, a surprising gold rush is under way – not for precious metals but for sunlight. Finland, often associated with its stunning natural landscapes, has become an unlikely contender in the global renewable energy market, particularly in the realm of solar power.
BP to take full control of Lightsource BP
Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.
Clean Energy Council notes decline in Australian renewable energy investment
Investment in Australia’s renewable energy sector is more than 10 times lower than what it should be to reach 2030 targets, according to a new report by the Clean Energy Council.
DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar
Dutch fund manager DIF Capital Partners has signed an agreement to purchase a majority of Dutch solar project developer Novar for an undisclosed sum.
Message framing techniques to boost solar sales
A Dutch-German research team has tested how a series of framed messages may be used to boost PV system sales, addressing both self-interest and environmental concerns, and has found that all the proposed messages are effective at promoting the purchase of solar panel installations.
