Project Finance Brief: Sonnedix Raises €172 Million to Refinance its Solar Projects
From: Mercom Capital Group Sonnedix Japan, the Japanese subsidiary of global solar independent power producer Sonnedix, has achieved financial close of €172 million (~$209 million) for the refinancing of a ...
$130 Million in Funding Goes to Projects Advancing Solar Technologies
The U.S. Department of Energy (DOE) announced that it would provide a $130 million funding for selected research projects to advance solar technologies. According to the agency, DOE will provide ...
Third Phase of Dubai Solar Park with 800 MW of Projects Commissioned
The third phase of the Dubai Electricity and Water Authority's (DEWA) Mohammad bin Rashid Al Maktoum solar park with 800 MW of projects has been commissioned. The park was inaugurated ...
SECI Issues Tenders for Setting Up 2.4 GW of Solar Projects Connected to ISTS Network
The Solar Energy Corporation of India (SECI) has issued two requests for proposals (RfS) to set up ISTS-connected solar projects totaling 2.4 GW on Build-Own-Operate (BOO) basis. Under the ISTS-V, ...
World’s Largest CSP Project in Dubai Adds 250 MW Solar PV at a Tariff of $0.024/kWh
Dubai Electricity and Water Authority (DEWA) has signed an agreement to add 250 MW of solar photovoltaic (PV) at the fourth phase of the Mohammed bin Rashid Al Maktoum Solar ...
Saudi Arabia’s ACWA Power to Develop 100 MW Solar Project in South Africa
The International Company for Water and Power Projects (ACWA Power) has announced that it will soon begin the construction of a 100 MW solar project in South Africa. An agreement ...
ContourGlobal Secures $114 Million From CPDQ to Acquire Solar Assets
Caisse de dépôt et placement du Québec (CPDQ), a long-term institutional investor, has announced that it will provide CA$150 million (~$114 million) in debt financing to ContourGlobal. ContourGlobal is a ...
UAE Launches Phase Four of the World’s Largest Concentrated Solar Power Project
The United Arab Emirates (UAE) has broken ground on the fourth phase of a solar park that is set to become the world’s largest Concentrated Solar Power (CSP) project. The ...
Thermax and FRENELL Win Bids to Develop Integrated Thermal Solar Project for NTPC
The National Thermal Power Corporation (NTPC) has awarded an engineering procurement and construction (EPC) contract to Thermax, an Indian energy and environment company, and FRENELL, a German concentrated solar power (CSP) company ...
Solar Policy Experiments Continue in India
Current cumulative solar installations in India stand at 1,761 MW with about 557 MW installed so far in 2013. With most of the CSP projects that were due to be ...
India 2011 Q2 Solar Market Update – Did India Get The Solar Policy Right?
By the end of the second quarter 2011, the whole of India’s solar sector was waiting anxiously for the looming deadline of July 9th - the date that project developers were ...
