Kolkata-Based Srei Equipment to Get $30 Million from FMO to Refinance its Renewable Business

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 ...
/ / Finance and M&A, Solar
Solar Project Developer KPI Global Acquires a New Special Purpose Vehicle

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 ...
India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

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 ...
Draft Amendments to Qualify for Captive Generation Project Released

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

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 ...
TEDA Tenders 50 MW of Grid-Connected Solar Projects to be Developed in Tamil Nadu

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 ...
/ / Solar, Tenders & Auctions
Vedanta’s Odisha Branch Invites Expression of Interest for Procuring Solar Power

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 ...
/ / Markets & Policy, Solar
Open Access Consumers in Gujarat to Pay Additional Surcharge of ₹0.44/kWh

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 ...
/ / Grid, Market & Policy
Saudi Arabia Announces 1.5 GW Solar Tender

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 ...
/ / Solar, Tenders & Auctions
India’s Solar Installations Decline Quarter-Over-Quarter to 1.6 GW in Q2 2018

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 ...
/ / Other, Renewable Energy
Tariff Disputes Threaten to Stall 970 MW of Solar Projects in Karnataka

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 ...
/ / Markets & Policy, Solar
Solar Project Developers Request Government to Reconsider Proposal on Tariff Caps

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 ...
/ / Markets & Policy, Solar
Oman Calls for Proposals for Technical Consultancy for its Third Large-Scale Solar Project

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 ...
/ / Markets & Policy, Solar
Draft Amendments to Qualify for Captive Generation Project Released

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 ...
The grant will assist the government to achieve its national goals of reaching 75 percent electricity access by 2020

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

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 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 ...
/ / Finance and M&A, Solar
Oman’s PDO Tenders 100 MW Grid-Connected Solar PV Project in Amin

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 ...
/ / Solar, Tenders & Auctions
solar in Gujarat

GUVNL Tenders 500 MW of Grid-Connected Solar in Gujarat

The Gujarat Urja Vikas Nigam Limited (GUVNL) tendered 500 MW of solar to be installed across the state of Gujarat. The bid-submission deadline is July 10, 2017. GUVNL has regulated, ...