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ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India

ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […]

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Recurrent Energy Announces Commercial Operation of Two Solar PV Projects in California

The two solar pv projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria 2 is located in Kern County, California Recurrent Energy, a wholly owned subsidiary of Canadian Solar has reached commercial operation of two solar PV projects in California. The two solar photovoltaic projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria […]

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Amplus plans to Acquire Solar Power Firm Kiran Energy

Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […]

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750 MW Rewa Solar Power Project to Break New Ground

The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […]

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Tesla to install 70MW solar farm to power its Gigafactory in Nevada: Report

Tesla is planning to install 70MW solar farm in a bid to reduce Gigafactory’s dependency on fossil fuel and meet the power needed by the facility Tesla is reportedly planning to power its Gigafactory in Nevada with a 70MW solar farm. Electrek citing a company investor relations document reports that the 70-megawatt solar array installation […]

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Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding

ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […]

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