Tender Announced for 2 MW of Solar Projects at IIM Trichy
The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the ...
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund
The Ministry of New and Renewable Energy (MNRE) has announced the guidelines for the payment security mechanism (PSM) for projects allocated under the viability gap funding (VGF) program. This has ...
Increase in Operational Solar Capacity Takes Adani Green’s Revenue up by 4% in Q3 FY19
Adani Green Energy Limited (Adani Green), a part of Adani Group, today announced its financial performance for the nine months and third quarter ending December 31, 2018. The company announced ...
Phelan Energy Group Secures Financing for a 86 MW Solar Project in South Africa
Phelan Energy Group has announced that in December 2018, its subsidiary, Solar Capital reached financial close on its third solar project. The project, located in South Africa, has a capacity ...
EBRD to Finance a 50 MW Solar Project in Southern Kazakhstan
The European Bank for Reconstruction and Development (EBRD) has announced the financing of a 50 MW solar power project in southern Kazakhstan. The proposed financing package arranged by the EBRD ...
UAE-Based Developer Yellow Door Raises $65 Million Investment to Scale Solar Energy
Yellow Door Energy (Yellow Door), a UAE-based solar developer, has announced that it has raised $65 million in a Series A financing round to scale its investments in solar energy and energy ...
Evolution II Fund Closes $7.47 Million Investment for Solar Projects in Africa
Inspired Evolution, an Africa-focused investment advisory firm that specializes in the clean energy sector, closed a ZAR 100 million ($7.47 million) investment facility by its Evolution II Fund into Commercial ...
AfDB Approves $25 Million Renewable Energy Fund for Projects in Sub-Saharan Africa
The African Development Bank Group (AfDB) has announced an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a $250 million private equity fund that ...
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 ...
Germany’s KACO New Energy Sells South Korean Business to OCI Power
KACO new energy GmbH, a German solar inverter manufacturer, has announced that it has entered into an agreement with South Korean chemical and renewable energy group OCI for the sale ...
NLC India Inks Pact with TANGEDCO to Set Up 1 GW of Solar Projects in Tamil Nadu
Government-owned mining and power generating company, NLC India (NLCIL), has announced that it has signed a memorandum of understanding (MoU) with the Tamil Nadu government to develop 2,640 MW of ...
Tripura University Installs 500 kW Rooftop Solar System
Tripura University, established under the central government of India, has announced that it has installed rooftop solar systems totaling 500 kW at its premises, spread over multiple buildings at the ...
Sunseap Group Acquires Minority Stake in Australian EPC Company Todae Solar
Sunseap Group has acquired a minority stake in Todae Solar, an Australian commercial and industrial engineering, procurement and construction (EPC) solar company. According to Sunseap, a Southeast Asia-based renewable energy ...
Adani Green Energy Acquires Remaining 51% Stake in Karnataka’s Kodangal Solar Parks
Adani Green Energy has announced the acquisition of a 51 percent equity share capital in Kodangal Solar Parks Private Limited (KSPPL), comprising a 20 MW solar project which was incorporated ...
Scatec Solar Closes Financing for a 47 MW Project in Malaysia
Solar project developer Scatec Solar, along with its partners has closed the financing for a 47 MW Redsol project in northwest Malaysia with a total investment of approximately $47 million ...
Delhi Legislative Assembly Goes Green with a 100 kW Rooftop Solar Installation
The Delhi Legislative Assembly building has gone green with the recent installation of a 100 kW rooftop solar system. The cost of the solar project installation is estimated to be ...
India’s ISA and European Union Join Hands to Expand Solar Power
The International Solar Alliance (ISA) and the European Union (EU) have signed a joint declaration for cooperation on solar energy. The declaration was inked at the 24th conference of United Nations ...
Total Global Energy Storage Capacity Could Triple by 2030: IRENA
In a brief prepared for COP24, the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC), the International Renewable Energy Agency (IRENA) has underscored the ...
World Bank Helps Chart Plan to Bring Electricity Access to All Kenyans by 2022
The Kenyan government has launched a new program called Kenya National Electrification Strategy (KNES). The ambitious program has been developed in partnership with the World Bank and it aims to provide a ...
Solar Potential in West Africa Ranges from 8 GW to Over 20 GW by 2030: Report
The International Renewable Energy Agency (IRENA) in its report “Planning and prospects for renewable power: West Africa” has highlighted scenarios for the growth of renewables in West Africa’s power systems ...
New Guidelines for Distributed Solar Projects in Andaman & Nicobar and Lakshadweep
The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of distributed grid-connected solar power projects in Andaman & Nicobar, and Lakshadweep islands. In order to allow ...
Philippines Government Working on Rooftop Solar Policy Proposal
The Senate of The Philippines has announced that a proposal to reduce the cost of electricity for households and businesses through the adoption of rooftop solar, is currently under scrutiny ...
Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium
Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
Himachal Pradesh Gives Out Consent Letters to 150 Prospective Rooftop Solar Installers
In an effort to expand the reach of rooftop solar in the state, Himachal Pradesh State Electricity Regulatory Commission (HPREC) has issued a notification that allows consumers to install rooftop ...
Canadian Solar Withdraws Proposal to Go Private
Solar module manufacturer, Canadian Solar has announced that its chief executive officer Dr. Shawn Qu has withdrawn his bid to take the company private after a special committee established by ...
