Project Finance Brief: ReneSola Acquires Solar-Storage Assets from Nova Development
Altus Power America, an investor, owner, and operator of clean energy projects, has completed the acquisition of a 2.5 MW operating solar project in Charlotte, Vermont. The acquired project generates ...
Project Finance Brief: CIP Acquires 1.6 GW of Pumped Storage Hydro Projects in the US
Copenhagen Infrastructure Partners (CIP) has acquired ownership of the Swan Lake (Klamath County, Oregon) and Goldendale (Klickitat County, Washington) closed-loop pump storage hydro projects. The projects were previously owned and ...
Project Finance Brief: Luxcara Acquires a 172 MW Solar Project in Germany from BELECTRIC
German renewable-energy company Luxcara has acquired a 172 MW solar project being developed in Germany from BELECTRIC. Luxcara has selected BELECTRIC to build and operate the project. BELECTRIC will start ...
Project Finance Brief: Atlas Gets $67 Million to Finance a 187 MW Solar Project in Brazil
Atlas Renewable Energy, a renewable energy company in Latin America, has obtained a $67 million loan from IDB Invest, a member of IDB Group, and DNB Bank ASA (Norway) to ...
Oil India Seeks EPC Contractors for 100 MW of Solar Projects
Oil India Limited, a government-owned enterprise engaged in the exploration of crude oil and natural gas in India, has floated an expression of interest (EoI) for engineering, procurement, and construction ...
Project Finance Brief: EDF Renewables Acquires 4.5 GW Solar Project Pipeline in the US
GreenYellow, an operator of green energy in Madagascar, Axian, a Pan-African group, Societe Generale, GuarantCo, the guarantee arm of the Private Infrastructure Development Group, and African Guarantee Fund have closed ...
Project Finance Brief: UK’s NextPower Acquires 17.4 MW Solar Project in Portugal
Global wind and solar development company Mainstream Renewable Power has closed a $280 million mezzanine construction finance facility with leading alternative lender AMP Capital Infrastructure Debt Fund IV. The AMP ...
South African Mining Company Plans to Set up a 10 MW Solar Project
South Africa-based Marula Platinum Mine has issued a request for information (RfI) for setting up a 10 MW solar project to power its operations. Marula sought information on how to ...
Power Grid to Monetize Transmission Assets of ₹70 Billion via InvIT
Earlier this week, state-owned Power Grid Corporation of India (PGCIL) received the Cabinet Committee of Economic Affairs’ approval to monetize its transmission projects through the Infrastructure Investment Trust (InvIT) model ...
REC’s Subsidiary the Lowest Bidder with ₹2.58/kWh in SECI’s 10 MW Bagru Solar Auction
The REC Power Distribution Company Limited (RECPDCL), a wholly-owned subsidiary of REC Limited, announced that it was the lowest bidder in the Solar Energy Corporation of India’s (SECI) e-reverse auction ...
Indian Oil Corporation to Solarize its Retail Outlets, Calls for Vendor Empanelment
The Indian Oil Corporation Limited (IOCL) has invited an expression of interest (EoI) for empanelling vendors or lump-sum turnkey contractors for solar projects at its retail outlets under its Punjab ...
Uttar Pradesh Floats Tender for Off-Grid Solar Products
The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for solar street lighting systems, solar projects with battery backup, solar fencing, and solar water heaters in ...
Indian Railways Plans to Set up 20 GW of Solar Projects on its Vacant Lands by 2030
The Indian Railways plans to develop 20 GW of solar projects in its vacant lands to help meet projected consumption requirements of over 33 billion units (BU) by 2030, according to an ...
NTPC Floats EPC Tender for 1,070 MW of Solar Projects in Rajasthan
NTPC Limited has invited bids from engineering, procurement, and construction (EPC) contractors with land for the development of up to 1,070 MW of solar projects in Rajasthan. The last date ...
NOIDA Floats Tender for 10 MW of Rooftop Solar Projects on its Buildings
The New Okhla Industrial Development Authority (NOIDA) has issued a request for proposal for 10 MW (AC) of rooftop solar projects on its buildings under the RESCO model. The scope ...
Taiwan’s URE Sells its Solar Manufacturing Unit for $35.3 Million
United Renewable Energy (URE), a Taiwan-based solar cell and module maker, announced its plans to sell one of its manufacturing units in the country to consolidate its production efforts. It ...
Andhra Pradesh Launches Policy to Export Renewable Power to Other States
The Government of Andhra Pradesh (GoAP) has announced its Renewable Energy Export Policy 2020 for solar, wind, and wind-solar hybrid projects. The policy aims to promote the export of renewable ...
Gujarat Retenders 100 MW from its 700 MW Tender for Raghanesda Solar Park
Gujarat Urja Vikas Nigam Limited (GUVNL) has retendered the remaining capacity (100 MW) from its earlier tender for purchasing power from grid-connected solar projects in the state’s Raghanesda Solar Park ...
NHPC Issues Letter of Award for 400 MW of ISTS-Connected Solar Projects
NHPC Limited (formerly the National Hydroelectric Power Corporation), announced that it had issued a letter of award (LoA) for 400 MW of interstate transmission system (ISTS) connected solar projects. These ...
TPG’s Rise Fund Acquires 1 GW of Solar Projects from Trina Solar
The Rise Fund, a global impact investment fund managed by TPG (formerly Texas Pacific Group), announced that it had acquired about 1 GW of solar projects from Chinese solar module ...
Enel Green Power Partners with Norfund to Set up Renewable Projects in India
Italian renewable energy company Enel Green Power (EGP) announced that it has entered into a long-term, joint investment partnership with Norwegian private equity fund Norfund to set up renewable energy ...
Karnataka’s Shivamogga Smart City Reissues a 25 MW Solar Tender on Tunga Canal
Karnataka’s Shivamogga Smart City Limited (SSCL) has reissued a Request for Proposal (RfP) for the construction of 25 MW of canal-top solar projects. The tender has been reissued with modifications ...
ArcelorMittal Looks for IPPs to Set up Solar Projects at 6 Locations Across South Africa
ArcelorMittal South Africa, a steel producer, has issued a request for information to recruit independent power producers (IPP) to set up solar power projects at six locations in South Africa ...
REMCL Tasked with Setting Up 3 GW of Solar Projects on Vacant Lands of Indian Railways
The Railway Energy Management Limited (REMCL), a subsidiary of RITES Limited, has been assigned the responsibility of setting up 3 GW of solar power projects on vacant lands of the Indian ...
SECI Extends Bidding Deadline for a 2.5 GW Solar Tender in Karnataka
The Solar Energy Corporation of India (SECI) has extended the bid submission deadline of its Request for Selection (RfS) for 2.5 GW of interstate-connected solar projects under Tranche X (ISTS-X) ...
