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IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania

JRE has commenced commercial operation of its 44 MW Nishinosato solar energy park in Fukushima

The Salem City Municipal Corporation has issued a tender for the commissioning of a 3 MW solar power project at Erumapalayam, Salem District of Tamil Nadu.

A total amount of three loan propositions have actually been authorized by the Bank's Board, leading to a dispersal of $116.8 million. The brand-new solar project will take Togo's share of renewable resource in power mix from the current 27 percent to a substantial 40 per cent in year 2024.

The Australian state of New South Wales (NSW) has actually obtained applications for 17GW of renewables generation as well as storage projects for its planned Illawarra Renewable Energy Zone (REZ).

With its rapid economic growth and increasing need for power services, India is well-placed to invest a lot more in clean, cheap reliable sources of power, especially in the solar sector. Nonetheless, this potential stays mainly untapped. The Indian federal government has set an objective of 100 gigawatts (GW) of solar energy capacity by 2022, yet it had actually just installed 34 GW by mid-2020.

Azure Power Global saw its price of deploying solar fall by almost 19% last year, however the company still recorded a net loss of US$ 38.1 million in the quarter finishing 31 March 2021 regardless of a year-on-year boost in earnings.

Japan's 8th solar auction, for projects with a generation capability of more than 250kW, has gathered prospective buyers safeguarding a total amount of 208MW.

Renewables designer Masdar, a subsidiary of Emirati sovereign financier Mubadala Investment Co, revealed today the signing of investment and power acquisition arrangements in relation to a number of solar projects in Uzbekistan amounting to 440 MW.

Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.

To fulfill its climate targets, China-- the world's biggest greenhouse gas emitter-- is preparing policies that will enable the "green and low-carbon change" of its energy system, which has typically been dominated by coal. Beijing aims to bring complete wind and also solar capacity to 1,200 gigawatts (GW) by the end of 2030, almost double the current level, and also will gradually phase down fossil fuel use in a bid to become carbon neutral by around 2060.

REC Power Development and Consultancy Limited (RECPDCL), a wholly-owned subsidiary of REC Ltd., has invited on the internet bids for the option of technical consultant that would certainly offer consultancy services for a floating solar project situated in New Delhi. The last day for the entry of e-bids is February 25, 2022, till 3 PM.

Entities like British Columbia Investment Management Corporation and MEAG are co-purchasers of Reden Solar. The independent power producer has an operational portfolio of 72MW as well as 15GW remain in the pipe.

Raymond Carlsen is stepping down as chief executive officer of independent power manufacturer (IPP) Scatec after 13 years in the role, to be replaced by the company's EVP of project growth, Terje Pilskog.

US solar tracker provider Array Technologies has actually assigned Kevin Hostetler as its new CEO after its current CEO Jim Fusaro stated his purpose to retire by the end of the year.