ReNew, Azure, and Vibrant Announce New Senior Leadership Appointments
Three renewable energy companies in India, ReNew Power, Vibrant Energy, and Azure Power, have announced changes in their senior leadership positions. The changes come when the Indian renewable energy industry ...
Jakson to Scale Up its Module Manufacturing Facility to 1 GW by 2022: Interview
The Indian solar market is steadily recovering after facing several challenges due to the Covid-19 pandemic and subsequent lockdowns in the past two years. According to Mercom's Q2 2021 India Solar ...
KPI Global Commissions 7.76 MW of Solar Projects for Industrial Customers
KPI Global Infrastructure has commissioned a 7.76 MWdc solar project under the independent power producer (IPP) category for its industrial customers against their power purchase agreements (PPAs). According to a ...
Daily News Wrap-Up: EBRD Loans ~$72.36 Million For Wind Farms in Poland
Here are some noteworthy cleantech announcements of the day from around the world: The European Bank for Reconstruction and Development (EBRD) has lent PLN275 million (~$72.36 million) to Poland for ...
Project Finance Brief: Sonnedix and Cox Energy Secure $120 Million for Solar Projects in Chile
From: Mercom Capital Group Sonnedix, the global solar independent power producer, and Cox Energy América, a solar energy company, closed a $120 million financing from Sumitomo Mitsui Bank Corporation through ...
Building Energy and Inspired Evolution Launch JV for Renewables in Africa and the Middle East
Building Energy, an Italian renewable company, in partnership with Inspired Evolution, has successfully closed the buy-out of its African and Middle East business and launched Red Rocket, an independent power producer ...
Karnataka Solar Policy Amended – Bid Security Amount for Group Captive Projects Raised
The Karnataka State Solar Policy 2014-21 has been amended for the third time and addresses three important points – the size limitation of private solar parks, the performance guarantee for ...
Kolkata-Based Srei Equipment to Get $30 Million from FMO to Refinance its Renewable Business
Kolkata-based Srei Equipment Finance has announced that it has received a credit approval of $30 million from FMO, the Netherlands’ development finance company. According to Srei Equipment Finance Limited, the ...
Solar Project Developer KPI Global Acquires a New Special Purpose Vehicle
In a filing to the Indian stock exchanges, Gujarat-based KPI Global Infrastructure (KPI Global) has announced the acquisition of KPIG Energia Private Limited, a newly-formed special purpose vehicle registered on ...
Egypt Set to Open its Renewable Energy Market to Private Producers
The government of Egypt is in the process of finalizing regulations about the production and sale of electricity from new private renewable power projects directly to consumers by September 2019 ...
Rajasthan Commission Clarifies Who is a Captive Power Producer
In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) has clarified the definition of a captive power producer (CPP). The commission was hearing a petition filed by Tesco Energy ...
CERC Directs NTPC to Return Bank Guarantees of Three Developers in Bhadla Solar Park
The Central Electricity Regulatory Commission (CERC) has ruled in favor of three independent power producers (IPPs) regarding the payment of their performance bank guarantee (PBG) to the tune of ₹255 ...
Expressions of Interest Invited for 2 GW of Solar Projects at Al Dafra, Abu Dhabi
The Emirates Water and Electricity Company (EWEC), Abu Dhabi’s state-owned water and electric utility has invited expressions of interest (EoI) for the development of 2 GW of solar power projects ...
DISCOMs Owe ₹18.84 Billion to NTPC in Outstanding Bills for Solar Projects
Power distribution companies (DISCOMs) in Andhra Pradesh, Telangana, and Karnataka are staring at acute power shortages as the National Thermal Power Corporation (NTPC) has warned that it will stop supply ...
Ministry of Power Sets Committee to Recommend Solutions for Payment Delays by DISCOMs
The Ministry of Power (MoP) has constituted a new committee to study and submit its recommendations into the issue of delayed payments by distribution companies (DISCOMS) to power generating companies ...
Saudi Arabia Announces 1.5 GW Solar Tender
In line with the country’s National Renewable Energy Programme (NREP), Saudi Arabia’s Renewable Energy Project Development Office (REPDO), has invited expressions of interest for seven greenfield solar PV projects with ...
African Countries Receive Financial Assistance Against Payment Risk for Renewable Projects
The Regional Liquidity Support Facility (RLSF) has signed agreements with five African countries to provide financial assistance to their independent power producers (IPPs) against payment risks, noting that the lack of ...
200 MW of Solar Projects to be Developed in Kerala under IPP Mode
The Kerala State Electricity Regulatory Commission (KSERC) has approved the petition filed by the Kerala State Electricity Board (KSEB) seeking its nod for 200 MW of solar photovoltaic (PV) projects ...
Oman’s 500 MW Solar Project Attracts Bids from Three International Consortia
The Oman Power and Water Procurement company (OPWP) has announced that it has received bids from three international consortia for the development of 500 MW large utility scale solar PV ...
Oman Calls for Proposals for Technical Consultancy for its Third Large-Scale Solar Project
Oman is planning to develop another large-scale grid-connected solar photovoltaic (PV)project. The project is slated to have a capacity between 500 MW and 1,000 MW. The Oman Power and Water ...
Draft Amendments to Qualify for Captive Power Generation Project Released
The Ministry of Power has amended the guidelines relating to captive generation projects in India. The Under Secretary to the Government of India, has penned a letter addressed to the ...
African Development Bank Approves $1.5 Million Loan for Development of Solar in Nigeria
The African Development Bank (AfDB) has approved a $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian government’s implementation of Phase 1 of the Jigawa ...
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 ...
Equis Energy Achieves Financial Closure For 127 MW Solar PV Project in Australia
Equis Energy, a renewable energy independent power producer (IPP), has achieved financial closure for the 127 MW Tailem Bend solar photovoltaic (PV) project in southern Australia. The construction work for ...
Oman’s PDO Tenders 100 MW Grid-Connected Solar PV Project in Amin
The Petroleum Development Oman (PDO), an oil and gas production company, has tendered a 100 MW grid-connected solar photovoltaic (PV) project to be developed in Amin. The bid-submission deadline is ...
