EnergyGlass™ qualifies for the new solar investment tax credit, reducing the total cost of most glass installations by 30%, based on current law (this credit decreases to 26% in 2033, and then to 22% in 2034, expiring in 2035 unless extended). The company’s prime focus will initially be geared towards the Architectural Flat Glass Market […]
NTPC acquires 600MW Jhabua power plant for Rs 925 crore – EQ Mag Pro
This is the first acquisition of a power asset by NTPC through NCLT route, a step forward in accomplishing NTPC’s long-term capacity targets, it stated. State-owned power giant NTPC in Monday announced the acquisition of 600-MW Jhabua Power Plant for Rs 925 crore, which is its first such deal through insolvency proceedings. “NTPC Ltd… Has […]
Naturgy Acquires its First Hybrid PV Solar And Energy Storage Project in Australia – EQ Mag Pro
Naturgy marks an important milestone with this project, representing its first foray in Australia into photovoltaic technology, through a hybrid PV-Battery project, which is the first one of this kind for the company worldwide. The Cunderdin project will be the largest DC-coupled solar PV and battery project to be built in Australia. The company extends […]
CropEnergies Acquires Stake in Renewable Energy Start-up East Energy – EQ Mag Pro
Mannheim : CropEnergies AG, Mannheim, has acquired a stake in the German renewable energy startup East Energy GmbH, Rostock, Germany. As of 1 September 2022, CropEnergies acquires 25 percent of the company’s share capital and will provide cash contributions and additionally shareholder loans. In total, CropEnergies plans to invest up to EUR 8 million for […]
O2 Power Acquires Solar Power Plants in Karnataka and Telengana – EQ Mag Pro
O2 Power, a renewable energy Independent Power Producer (IPP) in India founded in November 2019, announces the acquisition of a portfolio of solar power plants from Bangalorebased solar panel manufacturer, Emmvee Photovoltaic Power Pvt. Ltd. The plants are in the state of Karnataka and Telangana and have an aggregate installed capacity of 55-megawatt, part of […]
EiDF acquires 252MW Spanish solar portfolio – EQ Mag Pro
Projects in Castilla La Mancha and Castilla y Leon are in the development phase EiDF has acquired four development-phase solar projects totalling 252MW in Spain. The Spanish solar developer has acquired two projects in Castilla La Mancha totalling 102MW, expected to reach ready-to-build status at the end of 2023. The projects have secured access and […]
Sonnedix acquires a 117.8MW RTB solar PV portfolio in Italy – EQ Mag Pro
MILAN, Italy : Sonnedix, the global solar independent power producer (IPP), has completed the acquisition of a 117.8MW portfolio of solar PV plants in Italy, from Graziella Holding and other minority sellers. All plants in the portfolio are int the Ready-to-Build (RtB) stage. The portfolio is comprised of two solar PV projects: Sonnedix Cagliari, of […]
Cypress Creek Renewables Acquires 100MW Solar Asset from Carson Power – EQ Mag Pro
Santa Monica, CA : Cypress Creek Renewables has acquired a 100MW transmission project from Carson Power to add to its New York Independent System Operator (NYISO) development portfolio. The project, located near Rochester, NY, is in the early stages of development and is expected to be placed in service in 2026. Carson Power will continue […]
PNE AG acquires majority in Spanish developer – EQ Mag Pro
Acquisition of 51% in KOLYA PV project pipeline of PNE AG increases to a total of 4,216 MWp Market entry in Spain through shareholding Cuxhaven : PNE AG has acquired 51% of the shares in Coliaenergia ESPAÑA, S.L (KOLYA), a Spanish developer for large solar projects based in Albacete. With the acquisition of these shares […]
Ardian Clean Energy Evergreen Fund acquires a 100 MW photovoltaic pipeline under development in Italy – EQ Mag Pro
Ardian Clean Energy Evergreen Fund (ACEEF) has acquired a 100 MW solar portfolio under development in Sardinia from Atlas and Heron Advisory Ardian’s aims to promote the development of ESG-led projects with an industrial approach in an increasingly strategic sector Ardian, a world leading private investment house, today announces it has completed the acquisition of […]