Search



Vikram Solar plans 3 GW solar manufacturing facility in Tamil Nadu
The design, procurement and building and construction services service provider-- which has a 1.2 GW module production center near Kolkata-- will establish a wafer, cell as well as module production website in Tamil Nadu under a five-year timescale.
Jul 21, 2020 // Manufacturing News, Markets & Finance News, India, Tamil Nadu, Asia, Vikram Solar
sPower finishes up financing for firm's largest solar project to date
United States independent power producer (IPP) sPower has wrapped up financing for its biggest project to date after safeguarding a US$ 700 million construction/term car loan.
Jul 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, sPower, Virginia, pv power plants, North America, Brian Callaway, spotsylvania solar
EBRD may fund ACWA's 200 MW solar plant in Egypt with $54 million car loan
The $155,4 million project was secured by the Saudi energy giant with a tender held in 2019. The center will sell power at a rate of $0.02752/ kWh.
Sep 2, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Asia, Africa, Egypt, PV Power Plant
Afghanistan state power firm concurs collaboration for 4 projects
Afghanistan's state-run power manufacturer Da Afghanistan Breshna Shirkat has actually signed contracts to create four eco-friendly power projects with the private sector.
Sep 28, 2020 // Plants, Large-Scale, Commercial, Floating PV, Asia, Afghanistan, Da Afghanistan Breshna Shirkat, Lima Khoram
Sonnedix breaks ground on 171MW PV plant in Chile’s Atacama
Sonnedix has marked the launch of construction works for a large-scale solar installation in Chile’s Atacama desert, with a view to power up the plant late next year.
Aug 12, 2019 // Plants, Large-Scale, Commercial, Grids, IPP, Sonnedix, Chile, solar pv, utility-scale PV, plants, South america, Latin america, ground-breaking, atacama, atacama desert
Novasec releases new renewable energy investment platform
Novasec announced the launch of a new investment platform that connects investors with unique opportunities in the fast-growing renewable energy sector. Through a careful project selection process, Novasec’s platform combines the renewable energy sector with digital securities, providing investors the potential for lower-risk, competitive returns.
Aug 17, 2019 // Markets & Finance News, Novasec, investment platform, Michael Tishler
Foresight continues Australian charge with small-scale renewables fund launch
Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.
Sep 13, 2019 // Plants, Markets & Finance News, Australia, solar pv, Oceania, investment, foresight group
European Investment Bank and FMO go halves on 80MW of Kenyan solar
The European Investment Bank (EIB) and Dutch development bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, utility-scale PV, Kenya, Africa, east africa, european investment bank, frontier energ, fmo, grid-connected pv, David Langat, Ayaz Merali
Solar-plus-storage to provide all the daytime electric needs of nation state
A 6 MW solar plant and 5 MW/2.5 MWh storage system are set to increase the share of renewable electricity on the Pacific island of Nauru from 3% to 47%. The $27 million project is being supported by the Asian Development Bank (ADB).
Sep 30, 2019 // Plants, Large-Scale, Commercial, Storage, storage, Skelec, Oceania, Asian Development Bank, Nauru
Solar delivers cheapest power in Jamaica
Neoen has completed the 51 MW Paradise Park solar plant in the Caribbean. The facility will generate electricity for the Jamaica Public Service Company Limited for US$85/MWh over 20 years.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, MPC Capital, neoen, North America, Jamaica, Rekamniar Frontier Ventures, WRB Energy
Masdar wins Uzbekistan’s 100 MW PV tender with lowest bid of $0.027/kWh
Uzbek utility Uzbekenergo had received 23 offers for the 100 MW tendered solar plant. Two more solar tenders, with capacities of 400 MW and 500 MW, respectively, will be launched in the near future.
Oct 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, tender, Asia, Uzbekistan, large-scale pv, International Financial Corp.
Grenergy seals 200MW solar supply agreement in Spain
Grenergy Renovables has penned a solar supply agreement with Spanish utility Galp, its first such agreement in the country.
Nov 26, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Galp, pv power plants, solar pv, Europe, Grenergy Renovables
UAE-based PV developer to build 50 MW of solar in Togo
A unit of Dubai-based Amea Power will build the project in Blitta prefecture, in the center of the West African country, with all electricity to be sold to Togo Electric Power Co. (CEET) under a long-term power purchase agreement.
Nov 28, 2019 // Plants, Large-Scale, Commercial, Africa, Dubai, amea power, Togo, Marc D. Ably-Bidamon
Carlson Electric will install 100-kW solar system at Wisconsin horseradish farm
Huntsinger Farms, the world’s largest grower and processor of horseradish and the parent company of Silver Spring Foods, has won a $28,902.60 Focus on Energy grant to subsidize a new solar power installation on its Eau Claire, Wisconsin farm. Carlson Electric of Hudson will install the solar farm in Spring 2020.
Dec 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Wisconsin, solar modules, North America, Huntsinger Farms, Carlson Electric, PV system, Eric Rygg
IFC to help Bangladesh find IPP for 35-50MW solar project
Development financiers are looking to lure in private players to deploy utility-scale solar in the world’s most densely populated country, hoping to combat land shortages for renewables.
Jan 7, 2020 // Plants, Large-Scale, Commercial, Germany, Europe, Asia, world bank, ifc, Bhutan