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8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects

8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […]

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NTPC Looking for CEO to Handle Distribution Business

NTPC Ltd has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray in the near future. The largest electricity generator in the country, NTPC Ltd has announced that it has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray […]

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Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission

Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, […]

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Longroad Energy Selected for 160 MW Solar With 640 MWh BESS in Hawaii

Longroad Energy has been selected by the Hawaiian Electric Company to begin developing two utility-scale solar and battery storage projects in Hawaii Longroad Energy has been selected by the Hawaiian Electric Company (HECO) to begin developing two utility-scale solar and battery storage projects for completion in 2023 in the state of Hawaii. The two projects […]

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REIL Tenders for BOS Work for Solar Projects at 2 SAIL Buildings

REIL has tendered for the supply of BOS equipment and the installation of solar projects worth 230 kWp at two SAIL warehouses in Bengaluru and Chennai Rajasthan Electronics and Instruments Limited (REIL) has issued a tender for the supply of BOS (Except SPV modules and inverters) equipment and the installation of solar PV projects worth a […]

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NHPC to Build 155 MW Hydro and 50 MW Solar Projects in Ladakh

NHPC is planning to develop three hydropower plants worth 155 MW and a solar power project worth 50 MW in the Union Territory of Ladakh. State-owned hydro power giant NHPC has announced that it is planning to develop hydropower plants and a solar project in the Union Territory of Ladakh. And with the view to […]

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GCL-SI Makes PVEL’s Top Performer List for 4th Successive Year

GCL-SI has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. GCL System Integration (GCL-SI) has announced that it has been awarded as Top performer in PVEL 2020 PV Module Reliability Scorecard for the 4th consecutive years. PV Evolution Labs (PVEL) is a leading independent […]

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Excelsior, Unico Form Partnership to B-O-O 250 MW of Solar Projects

Excelsior Energy Capital and Unico Solar Investors have closed on a long-term partnership to build, own and operate a 250 MW pipeline of C&I solar projects Excelsior Energy Capital, a leading independent North American renewable energy investor, and Unico Solar Investors, a solar energy systems developer and investor, have announced the closing of a long-term programmatic joint-venture […]

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VW to Invest €2.1 Bn to Expand EV Business in China, Acquires Majority Stake in 2 Firms

Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. Global automobile major Volkswagen AG (VW) has announced that it has initiated the next chapter for its electric vehicles (EV) business in China. The firm has revealed that it plans to increase its share […]

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