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HSBC downgrades Azure Power because of uncertainty on solar PPA
"Azure's bid for a 4 giga-watt (GW) renewable plus manufacturing plant won in October 2019 obtained exchanged a letter of award in June 2020 but still waits for a power purchase contract as state power distribution firms (discoms) remain financially stressed," HSBC stated.
Sep 29, 2020 // Markets & Finance News, PPA, Adani Green Energy, hsbc, Azure Power
Qair inks PPAs for 60-MW of solar-storage projects in Mauritius
French renewable power producer Qair has secured power off-take deals for four hybrid solar and battery storage space projects in Mauritius that will add 60 MW of capacity to the neighborhood electricity grid.
Mar 6, 2023 // Large-Scale, Commercial, Markets & Finance News, Storage, PPA, Africa, Qair, Mauritius, solar-storage projects
Lightsource BP to Hire Hundreds for Global Solar Expansion
Solar programmer expects to handle 570 new employees this year
It's moving right into markets such as South Korea and also New Zealand
May 10, 2022 // Markets & Finance News, Lightsource BP, Nick Boyle
SECI Floats Tender for a 20 MW Solar Project with 50 MWh of Battery Energy Storage in Leh
The last date for submitting the bids is February 10, 2021
Dec 28, 2020 // Plants, Large-Scale, Commercial, Storage, India, SECI, tender, Asia
Mozambique begins minigrid tender
The Mozambican Energy Fund as well as the Belgian Development Agency have actually begun a tender to assist in the building and construction of 5 solar minigrids to boost country electrical energy accessibility in the southerly African country. Potential designers have up until completion of the month to reveal rate of interest.
Mar 16, 2020 // Markets & Finance News, Grids, tender, Africa, Mozambique, minigrid
Gore Street's Kilmannock BESS to broaden by 90MW
Gore Street Energy Storage Fund's Kilmannock battery energy storage system (BESS) in Co. Wexford, Ireland, has received an additional grid volume allowance of 90MW, building on the 30MW presently protected.
Nov 29, 2021 // Storage, UK, Ireland, Europe, BESS, Gore Street
ACWA signs financing take care of Natixis for up to US$ 2bn of projects
Saudi solar developer ACWA Power has signed a memorandum of understanding (MoU) with Natixis Corporate & Investment Banking (Natixis CIB) that will certainly see the companions explore possibilities to create projects, consisting of renewable resource plants.
Dec 6, 2021 // Markets & Finance News, Saudi Arabia, Natixis, Asia, ACWA Power, project finance
Brazil Inaugurates 662-MW Solar Complex
Experience Brazil's renewable energy revolution! Witness the inauguration of the 662-MWp Helio Valgas solar complex in Minas Gerais state by Vice President Geraldo Alckmin: 1.2 million panels, 800,000 homes powered, BRL 2 billion investment, and 119 GWh generated since August.
Nov 10, 2023 // Plants, Large-Scale, Commercial, South america, Brazil, PV Power Plant
Prosolia Charges Ahead with EUR 255m Debt Financing
Prosolia Energy secures €255 million debt financing from US investor EIG, to rapidly expand solar energy activities in Western Europe. Finergreen advises Prosolia as they increase their influence in the solar energy industry.
Jul 28, 2023 // Markets & Finance News, Prosolia Energy
Azerbaijan to develop floating solar power plant
Azerbaijan will construct a floating solar power plant with a total ability of 100 kW on Boyukshor Lake near funding Baku, the Energy Ministry's press solution has reported.
Feb 8, 2021 // Plants, Large-Scale, Commercial, Floating PV, floating PV, Europe, PV Power Plant, Azerbaijan








