Solar News

Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata

IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […]

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EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month

The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’.  The government agency is now undertaking stakeholder consultations to […]

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Woochong Um Is CEO At The Global Energy Alliance for People and Planet

The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Woochong Um as its new Chief Executive Officer. Woochong Um will lead GEAPP following his tenure with the Asian Development Bank. GEAPP is a multi-sector alliance created in 2021 to address ending energy poverty and tackling the climate crisis through a […]

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GPS Renewables Secures Rs 411.50 Crore Debt-Financing

Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […]

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Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility

Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […]

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ISA Inks Pact With Bhutan For Development Of Solar Projects

The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […]

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Premier Energies Secures 140 MW PV Modules Order In Bangladesh

Premier Energies subsidiary Premier Energies Photovoltaic has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. The project is being executed on an EPC basis by Hyderabad-based Amara Raja Infra. The module supply is expected to be completed by April 2025. Premier Energies has witnessed a […]

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