The Solar Energy Corporation of India (SECI) has announced its intent to buy 500MW worth of ‘firm and dispatchable’ clean power from grid-connected renewable energy projects in 25-year power purchase agreements (PPA).
Solar Module Super League (SMSL) member Risen Energy will supply around 1GW of its heterojunction technology (HJT) solar modules to Singaporean IPP (independent power producer) Athein Holding Pte.
A total of 34GW of renewable power could reach commercial operation in the Mid-Atlantic States of the US over the next four years if renewable projects could be brought online at a pace that PJM Interconnection approved projects between 2011 to 2016, according to a recent American Council on Renewable Energy (ACORE) study.
The Italian Ministry of the Environment and Energy Security (MASE) has said that it intends 65% of the country’s electricity generation to come from renewable energy by 2030.
Spanish utility Endesa has signed two loans with Instituto de Crédito Oficial (ICO), a Spanish state finance agency, and the European Investment Bank (EIB) worth €500 million to fund solar and wind projects in the country.
Independent power producer (IPP) Energix Renewables has secured US$520 million for six utility scale solar projects that are expected to generate 416MW of electricity.