The latest renewable energy news includes announcements on NTPC Green, SANY Renewable Energy, CleanCapital, among others.
NTPC Green and BSPGCL Partner to Develop Renewable and Energy Storage Projects in Bihar
NTPC Green Energy, a subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with Bihar State Power Generation Company (BSPGCL) to jointly explore and develop large-scale renewable energy and battery energy storage system (BESS) projects in Bihar. The collaboration aligns with India’s national target of 500 GW of non-fossil fuel capacity by 2030 and Bihar’s goal of diversifying its power mix. The companies will assess and implement solar, wind, and hybrid energy projects along with BESS to improve grid stability and meet peak demand. This initiative will enhance energy access, reduce carbon emissions, and attract clean energy investment to the region. The projects will support Bihar’s rural electrification goals, stimulate local economic activity, and create skilled jobs. NTPC Green’s technical expertise and BSPGCL’s regional experience form a strategic synergy aimed at accelerating Bihar’s clean energy transition.
SANY Expands Green Energy Portfolio in Africa with Breakthrough Solar Projects
SANY Renewable Energy is accelerating its clean energy expansion in Africa through a series of solar power projects, reinforcing its global commitment to sustainability. In 2024, SANY secured significant solar contracts in countries including Zimbabwe, Malawi, and Kenya. These projects contribute to bridging Africa’s energy gap by supplying reliable, low-carbon power. SANY’s strategy emphasizes localization, collaboration with regional stakeholders, and delivering turnkey solutions. Benefits include reduced emissions, job creation, infrastructure development, and strengthened energy independence across emerging African economies.
CleanCapital Acquires 64 Solar and Storage Projects from Greenbacker
CleanCapital has acquired a portfolio of 64 distributed solar and energy storage projects from Greenbacker Renewable Energy Company, totaling 39 MW of operational solar capacity and 10 MWh of battery energy storage systems (BESS). These commercial and industrial (C&I) assets span 12 U.S. states, including key markets like California, Illinois, and New Jersey. The acquisition aligns with CleanCapital’s strategy to scale its C&I portfolio and diversify geographically. The company focuses on acquiring, owning, and operating renewable assets with long-term power purchase agreements (PPAs), targeting institutional-quality clean energy investments. This deal expands CleanCapital’s footprint to over 400 MW and reflects growing demand for distributed clean energy solutions that support decarbonization, grid resilience, and stable returns.
GreentechLead.com News Desk