Tender Issued to Set Up 2 MW of Solar Projects at Agartala Airport in Tripura
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC Limited, has invited bids for setting up 2 MW of grid-connected ground-mounted solar photovoltaic projects at the Agartala airport ...
Project Finance Brief: Longroad Energy Acquires 900 MW of Solar and Storage Portfolio
Longroad Energy, a U.S.-based renewable energy project developer, has announced the project acquisition of Sun Streams 2, 4, and 5, which total approximately 900 MW in total solar capacity plus ...
Solar Developer Loses Bank Guarantee, to Pay Liquidated Damages For Delay
The Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected a developer’s plea to extend the commissioning date of a 100 MW solar project in the state. It has also allowed ...
Developers Say ISTS Waiver Extension Inevitable, Highlight Other Pressing Issues
Renewable energy projects commissioned on or before June 30, 2023, have a waiver on inter-state transmission system (ISTS) charges and losses. But most of these projects are yet to sign ...
Project Finance Brief: Masdar Acquires 50% Stake in a 1.6 GW Renewable Portfolio in the US
Masdar (Abu Dhabi Future Energy Company) has achieved the first closing on the acquisition of 50% of a 1.6 GW clean-energy portfolio of projects in the U.S. from EDF Renewables ...
Project Finance Brief: Total Acquires 2.2 GW of Solar, 600 MW of Storage Projects in Texas
Total, a French oil and gas major, acquired a development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets, all located in Texas. The projects ...
SECI to Float Tender for 1,785 MW of Solar Projects in Rajasthan
The Solar Energy Corporation of India (SECI) has announced its intent to float a tender for 1,785 MW of solar projects in Rajasthan (Tranche-IV). SECI said the projects are to ...
Project Finance Brief: Nautilus Solar Acquires Distributed Generation Projects
Nautilus Solar Energy, a solar project developer, has acquired three distributed generation solar projects in Maine totaling 19.2 MW from Walden Renewables Development. The projects located in the towns of ...
Project Finance Brief: Lightsource bp Acquires 1.06 GW Spanish Solar Portfolio
CIT Group announced that its power and energy business led a $69 million financing for a portfolio of solar projects owned and operated by Strata Solar, an integrated solar and ...
Project Finance Brief: Goldman Sachs Renewable Power Acquires a 300 MW Solar Project
Pine Gate Renewables, a fully-integrated utility-scale solar project developer, closed financing on a 12-project fund of solar and solar plus storage sites in North Carolina. The projects will sell power under ...
Project Finance Brief: Duke Energy Acquires a 144 MW Solar Project From Recurrent Energy
KfW IPEX-Bank has arranged senior debt financing for the construction and operation of a 200 MW Los Escuderos solar project near the municipality of Altarejos in the Spanish province of ...
Telangana Sets Levelized Tariff of ₹3.13/kWh for KUSUM Solar Projects
The Telangana State Electricity Regulatory Commission (TSERC) has set a levelized tariff for solar projects under Component-A of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) program ...
Project Finance Brief: Capital Dynamics Buys 100% Stake in a 175 MW Solar Project
Sonnedix Japan, an independent solar power producer, on behalf of the Sonnedix Group, completed the acquisition of a 55.6 MW ground-mounted solar PV project. The project, located in Hitachi City, ...
Bids Invited for 1 MW of Ground-Mounted, Rooftop Solar Projects at Srikalahasti Temple
The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has invited bids for a 1 MW grid-connected solar photovoltaic (PV) project at the Srikalahasti Temple in Chittoor district ...
Project Finance Brief: Abu Dhabi’s 2 GW Solar Project Achieves Financial Closure
ReneSola Power, a solar project developer, entered into an agreement to sell two ground-mounted solar projects in Romania with a combined capacity of 15.4 MW to Alternus Energy Group, an ...
SECI’s 1.2 GW Solar-Wind Hybrid Auction Gets Lowest Tariff of ₹2.41/kWh
Three companies won 1.2 GW of solar-wind hybrid projects quoting a tariff of ₹2.41 (~$0.0326)/kWh – the lowest-ever for solar-wind hybrid projects, according to Mercom’s sources. The tariff was discovered ...
Project Finance Brief: Cubico to Acquire 274 MW of Solar Portfolio in Spain and Italy
Atlantica Sustainable Infrastructure, the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, has reached an agreement with a subsidiary of Algonquin Power & Utilities, a ...
Project Finance Brief: ReneSola Sells 16 MW Solar Portfolio to Modus Asset Management
ReneSola Power, a fully integrated solar project developer, announced the sale of a portfolio of ground-mounted solar parks to Modus Asset Management, a Vilnius, Lithuania-based investment management company specialized in ...
Mahanadi Coalfields Floats Tender for 1.2 MW of Rooftop Solar Systems on its Buildings
Odisha’s Sambalpur-based Mahanadi Coalfields Limited (MCL), one of the eight subsidiaries of Coal India Limited (CIL), has issued a tender to set up 1.21 MW of solar rooftop systems at ...
Project Finance Brief: Capital Dynamics Secures $327 Million for a 383 MW Solar Project
Capital Dynamics, an independent global private asset management firm, announced that its Clean Energy Infrastructure (CEI) business had achieved a financial close on a 383 MW Eagle Shadow Mountain solar ...
Telangana Approves ₹58.3 Million in GST & VAT Refunds to Two Solar Project Developers
The Government of Telangana, in a budget release order, has authorized the release of ₹58.3 million (~$789,059) to two solar project developers as refunds under State Goods and Services Taxes (SGST) ...
Renewable Power in Asia Pacific Region to be Cheaper than Coal by 2030: Report
Renewable power in India is expected to be 56% cheaper than new-build coal by 2030, according to a report published by Wood Mackenzie, a United Kingdom-based research and consultancy firm. The ...
Project Finance Brief: Spain’s Prodiel Enters Agreement to Sell 1,098 MW of Solar Projects
Spanish renewable infrastructure builder Prodiel has reached an agreement to sell 1,098 MW of solar PV projects to Madrid-based investment manager Everwood Capital. The portfolio is valued at around €750 ...
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 ...
