Project Finance Brief_ ReneSola Sells 16 MW Solar Portfolio to Modus Asset Management (1)

Project Finance Brief: ReneSola Sells 16 MW Solar Portfolio to Modus Asset Management

ReneSola Power, a fully integrated solar project developer, announced the sale of a portfolio of ground-mounted solar parks to Modus Asset Management, a Vilnius, Lithuania-based investment management company specialized in ...
/ / Other, Renewable Energy
Amazon Becomes World's Largest Corporate Purchaser of Renewable Energy

Amazon Becomes World’s Largest Corporate Purchaser of Renewable Energy

E-commerce giant Amazon announced 26 new utility-scale wind and solar energy projects totaling 3.4 GW of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Solarpack to Develop a 258 MW Solar Project in Ecuador

Daily News Wrap-Up: Solarpack to Develop a 258 MW Solar Project in Ecuador

Here are some noteworthy cleantech announcements of the day from around the world: Hydro-Québec has launched EVLO Energy Storage Inc., a subsidiary that designs, sells, and operates sustainable energy storage systems. These ...
/ / Other, Renewable Energy
Maharashtra Approves Draft Policy to Deploy 17 GW of Renewable Power by 2025

Maharashtra Approves Draft Policy to Deploy 17 GW of Renewable Power by 2025

The Maharashtra State Cabinet has approved the draft policy ‘Unconventional Energy Generation Policy 2020’ to be adopted by the Department of Energy to promote non-conventional energy generation in the state. The agency ...
African Development Bank Pledges $50 Mn to Help Energy Access Companies Tackle COVID-19

African Development Bank Pledges $50 Million to Help Energy Access Companies Tackle COVID-19

The African Development Bank's (AfDB) board of directors (BoD) has approved a $20 million concessional investment from the Sustainable Energy Fund for Africa (SEFA) to establish the COVID-19 off-grid recovery ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ India's Visaka Industries Installs Solar Roof at UAE Mosque

Daily News Wrap-Up: India’s Visaka Industries Installs Solar Roof at UAE Mosque

Here are some noteworthy cleantech announcements of the day from around the world: Visaka Industries Limited has installed ATUM, an integrated solar roof, in Sharjah, UAE. The solar integrated roof was ...
/ / Other, Renewable Energy
Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy Announces Special Tariffs for Shared Renewable Energy Generation by Prosumers

Italy has launched a new incentive program to encourage the local generation and sharing of renewable power. Two kinds of prosumers would be the beneficiaries of the incentive program: energy ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ IREDA Signs Deal to Help SJVN Expand its Renewable Portfolio

Daily News Wrap-Up: IREDA Signs Deal to Help SJVN Expand its Renewable Portfolio

Here are some noteworthy cleantech announcements of the day from around the world: SJVN Limited has entered an agreement with the Indian Renewable Energy Development Agency (IREDA) for renewable project ...
NPAs in Renewable Industry Inevitable If Andhra Doesn’t Resolve Issue Soon

NPAs in Renewable Industry Inevitable If Andhra Doesn’t Resolve Issue Soon

The National Solar Energy Federation of India (NSEFI) and the Indian Wind Power Association (IWPA) have written to the High Court of Andhra Pradesh urging them to expedite pending hearings ...
Project Finance Brief: Capital Dynamics Secures $327 Million for a 383 MW Solar Project

Project Finance Brief: Capital Dynamics Secures $327 Million for a 383 MW Solar Project

Capital Dynamics, an independent global private asset management firm, announced that its Clean Energy Infrastructure (CEI) business had achieved a financial close on a 383 MW Eagle Shadow Mountain solar ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Public Investment Fund Increases Stake in ACWA Power to 50%

Funding and M&A Roundup: Public Investment Fund Increases Stake in ACWA Power to 50%

Sunnova Energy International, a residential solar and energy storage service provider, closed its $254.7 million in securitizations of leases and power purchase agreements. The two-tranche securitization includes $209.1 million in ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ 30 GW Renewable Energy Park to Be Launched in Gujarat

Daily News Wrap-Up: 30 GW Renewable Energy Park to Be Launched in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: LONGi said it set a new record for being the first solar brand to exceed 20 GW in shipments ...
Daily News Wrap-Up_ Sungrow to Supply its Inverters for a 90 MW Solar Project in Germany

Daily News Wrap-Up: Sungrow to Supply its Inverters for a 90 MW Solar Project in Germany

Here are some noteworthy cleantech announcements of the day from around the world: Sungrow, a global inverter solution supplier for renewables, has secured a contract to supply inverters to Enerparc’s ...
/ / Other, Renewable Energy
Month in a Minute_ Top Headlines from Indian Renewable Sector in November 2020

Month in a Minute: Top Headlines from Indian Renewable Sector in November 2020

Here is a recap of some of the most important headlines from November 2020: Blueleaf Energy, a Singapore-based renewable energy company, announced that it acquired a majority stake in an ...
Indian Forms Committee to Oversee Implementation of the Paris Agreement

India Forms Committee to Oversee Implementation of the Paris Agreement

The Ministry of Environment, Forest and Climate Change (MoEFCC) has constituted a high-level inter-ministerial Apex Committee for the Implementation of the Paris Agreement (AIPA). The Secretary of MoEFCC will lead ...
/ / Other, Renewable Energy
Obligated Entities Still Waiting for Renewable Energy Certificates Trading to Resume

Obligated Entities Still Waiting for Renewable Energy Certificates Trading to Resume

Power exchanges have not yet resumed trading renewable energy certificates (REC) as they await the final order from the Appellate Tribunal for Electricity (APTEL), allowing resumption. REC trading has now ...
Daily News Wrap-up_ Sterling & Wilson Takes Over 200 MW Egypt Solar Project After Mahindra

Daily News Wrap-up: Sterling & Wilson Takes Over 200 MW Egypt Solar Project After Mahindra

Here are some noteworthy cleantech announcements of the day from around the world: ACWA Power, a Saudi Arabia-based independent power producer, has selected Sterling and Wilson to develop the 200 ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Array Technologies Signs Supply Deal for 1 GW of Solar Trackers

Daily News Wrap-Up: Array Technologies Signs Supply Deal for 1 GW of Solar Trackers

Here are some noteworthy cleantech announcements of the day from around the world: Array Technologies has entered into an agreement with RP Construction Services (RPCS) to supply 1 GW of ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ UK Adds 14.3 MW of Solar Capacity in October

Daily News Wrap-Up: UK Adds 14.3 MW of Solar Capacity in October

Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 14.3 MW of solar capacity in October 2020, according to the latest data ...
/ / Other, Renewable Energy
Renewable Power in Asia Pacific Region to be Cheaper than Coal by 2030_ Report

Renewable Power in Asia Pacific Region to be Cheaper than Coal by 2030: Report

Renewable power in India is expected to be 56% cheaper than new-build coal by 2030, according to a report published by Wood Mackenzie, a United Kingdom-based research and consultancy firm. The ...
Project Finance Brief_ Spain's Prodiel Enters Agreement to Sell 1,098 MW of Solar Projects

Project Finance Brief: Spain’s Prodiel Enters Agreement to Sell 1,098 MW of Solar Projects

Spanish renewable infrastructure builder Prodiel has reached an agreement to sell 1,098 MW of solar PV projects to Madrid-based investment manager Everwood Capital. The portfolio is valued at around €750 ...
/ / Other, Renewable Energy
France and India Have A Crucial Partnership in Renewables_ Mercom RE-Invest Session

France and India Have A Crucial Partnership in Renewables: Mercom RE-Invest Session

The third global RE-Invest 2020, a three-day summit organized by the Ministry of New and Renewable Energy (MNRE), was inaugurated by Prime Minister Narendra Modi on November 26, 2020. The ...
/ / Other, Renewable Energy
Funding and M&A Roundup_ Loanpal Closes Largest Residential Solar Securitization Deal

Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal

Loanpal, a residential solar financing company, announced that it had closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone Credit, and ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Global Wind Energy Council Enters India

Daily News Wrap-Up: Global Wind Energy Council Enters India

Here are some noteworthy cleantech announcements of the day from around the world: The Global Wind Energy Council (GWEC) announced that they would establish GWEC India to work with the ...
/ / Other, Renewable Energy
UK Mulls Changes in its Renewable Program to Increase Generation

UK Mulls Changes in its Renewable Program to Increase Generation

The United Kingdom is one of the first few major economies to announce that it would cut emissions to net-zero by 2050. This is a landmark decision, and it confirms ...
/ / Other, Renewable Energy