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Silfab Solar Raises $125 Million to Build Third US Cell Factory

North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […]

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As Inverters Become ‘Smart’ Customers Follow Suit

Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […]

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PMRC to Install Solar Panels to Power Auxiliary Services at Metro Stations

Patna Metro Rail Corporation (PMRC) has come up with a plan to make all the metro stations in the capital city of Bihar as green buildings. PMRC is mulling to install solar power systems on the elevated metro stations and the metro depots as they are being designed in an energy-efficient way. PMRC aims to […]

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Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain

Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […]

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West Central Railway Invites Bids for Implementation of 12 MW Solar Rooftop Projects

West Central Railway has issued a tender soliciting bids for the implementation of rooftop/cop, solar PV system at 3 division of West Central Railway. The projects are located at Kota division and have an aggregated capacity of 12 MW through public-private partnership (PPP) on desitransfer (the “DBFOT”) basis. The supply of electricity to railways will […]

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EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany

Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […]

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L’Oréal Signs Agreement with EDF for Renewable Energy

French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing  on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […]

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JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm

JK Cement and CleanMax Enviro Energy Solutions have entered into a power purchase agreement (PPA) for 6.42 MW wind – solar generation capacity in the state of Karnataka. CleanMax delves into C&I renewable energy. As per the PPA, green energy will be provided from CleanMax’s wind-solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory. The […]

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