Solar Project

SPI Energy signs non-binding framework agreement with GSR GO Scale Capital

SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […]

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Yingli Energy connects a 50 megawatt (MW) “Top Runner” project in China to the grid

Yingli Energy (China) a wholly owned subsidiary of Yingli Green Energy Holding Company Ltd. has completed a 50 megawatt (MW) “Top Runner” project in Datong City, Shanxi Province, China and connected it to the grid by the end of June 2016. The project is located in the coal-mining subsidence areas in Datong, Shanxi Province, which is the first […]

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World Bank announces to provide more than $1 billion for India’s solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […]

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MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala

Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […]

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NTPC invites bids for 18MW solar PV project in Andaman and Nicobar

India’s largest utility NTPC has invited bids for 18MW grid-connected solar PV project in the Andaman and Nicobar Islands. The 18MW project at Chidiyatapu in South Andaman, A&N Islands will be awarded via a reverse auction, domestic competitive bidding process. Bidder shall provide comprehensive operation & maintenance of the plant for a period of five […]

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NHPC planning to set up 600MW solar project at Koyna dam in Maharashtra

National Hydroelectric Power Corporation (NHPC) as part of an initiative to expand its solar portfolio is reportedly planning to set a 600-MW solar project at the Koyna dam in Maharashtra. NHPC is carrying out financial and feasibility study for the project. The company t plans to set up floating solar panels with pumped storage system […]

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South Delhi Municipal Corporation inks MoU with SECI for 20MW solar project

South Delhi Municipal Corporation on June 20 inked a pact with Solar Energy Corporation of India (SECI) to generate 20MW solar power through rooftop of buildings and spare land under the civic body. The memorandum of understanding (MoU) engaged SECI for setting up solar power plants on the rooftops and lands owned by SDMC and […]

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