Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […]
JinkoSolar has supplied Power Construction Corporation of China with 351 MW of solar modules for the Hồng Phong solar PV plant in Vietnam. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it has supplied Power Construction Corporation of China with 351 MW of solar modules, which were installed at the Hồng Phong solar PV plant […]
This PV project will be the largest Enphase microinverter-based solar installation globally. California-headquartered Enphase Energy and India-based solar panel maker Waaree Energies has announced 4.5 MW PV project installation using Waaree Enphase AC modules in Hosapet, India. This PV project will be the largest Enphase microinverter-based solar installation globally. Further, the system’s owner, an independent […]
The construction of the project is expected to kick off in early next year. Publicly traded solar PV modules maker Canadian Solar has expanded its footprints to South Korea by acquiring exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province. Further, this is the company’s first solar power project in […]
STi Norland has signed a deal with Belectric Israel and project owners EDF Israel and Clalsun to supply 35 MW of STI-H1250 single-axis trackers for Ashalim PV project. Spain based solar tracker manufacturer STi Norland has inscribed an agreement with project owners EDF Israel and Clalsun together with Belectric Israel to deliver 35MW of its […]
TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […]
Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […]
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