Malaysia’s Yinson Renewables Acquires 37.5% Equity Interest in Rising Sun Energy
Malaysia-based Yinson Renewables (S) Pte Ltd, a wholly-owned subsidiary of Yinson Holdings Berhad, has entered into multiple agreements to acquire a 37.5% equity interest in Rising Sun Energy Private Limited ...
Rajasthan’s Bhadla Solar Park Sees Commissioning of 200 MW by Azure and ReNew
200 MW of grid-connected solar photovoltaic (PV) projects have been commissioned at Rajasthan’s Bhadla Phase-III Solar Park. The Solar Energy Corporation of India (SECI) had tendered 250 MW of grid-connected ...
Phelan Energy Group Secures Financing for a 86 MW Solar Project in South Africa
Phelan Energy Group has announced that in December 2018, its subsidiary, Solar Capital reached financial close on its third solar project. The project, located in South Africa, has a capacity ...
Solar Projects Facing Land Challenges in Rajasthan’s Bhadla Park
Solar projects aggregating 750 MW under development in Rajasthan’s Bhadla Solar Park are facing delays due to land procurement issues. According to Mercom’s India Solar PV Project Tracker, the entire ...
Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla
Azure Power (NYSE: AZRE), an independent solar power producer, has achieved financial closure for a 200 MW grid-connected solar photovoltaic (PV) project to be developed in the Bhadla Solar Park, Rajasthan ...
ACME Commissions a 200 MW Solar Project in Rajasthan’s Bhadla Solar Park
ACME Solar Holdings, an Indian renewable energy developer, has commissioned a 200 MW solar power project at Bhadla Solar Park, located in Rajasthan. The project is designed using the latest 1,500 ...
Solar Project Developers Request Government to Reconsider Proposal on Tariff Caps
Raising concern over the recent proposal by the government to impose caps on solar tariffs, the Solar Projects Developers Association (SPDA) has written to the government cautioning against the move ...
Breaking: Hero Future Energies and Softbank Win 500 MW Bhadla Solar Park Auction at ₹2.47-2.48/kWh
In the 500 MW Bhadla solar park auction that concluded today, Hero Future Energies won 300 MW at a winning bid of ₹2.47 (~$0.0380)/kWh followed by Softbank Group which won ...
Solar Tender and Auction Activity in India Dropped Significantly in July 2017
Solar tenders and auctions in India slowed down substantially in July 2017. Uncertainty surrounding the applicable GST rates for solar, DISCOMs seeking lower tariffs after the Bhadla record-low bid, and ...
BREAKING: TANGEDCO Receives Technical Bids Aggregating 3,700 MW in Response to a 1,500 MW Solar Tender
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has received technical bids aggregating 3,700 MW in response to a 1,500 MW solar tender issued in May 2017. The price bids are expected ...