SUBSCRIBE NEWS LETTER

Power Purchase Agreement

Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria

The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […]

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8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank

8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […]

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“It is not a cup of tea for any manufacturers to produce an inverter which can run for decades without problem” Luke Lu, Director for Indian Business, Sungrow

A number of companies are integrating photovoltaic inverter and storage technologies. How its cost implication compared to the output efficiency is affecting a change in various types of installations? Inverter is the heart of any solar PV system. It is highly a technology oriented product. It certainly needs an expertise to produce a highly efficient […]

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CLP India, Suzlon form JV for 100MW solar project in Telangana

CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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8minutenergy to build 4GW solar photovoltaic project in India

Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […]

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CleanMax Solar honored twice by MNRE for excellence in the rooftop solar industry

CleanMax Solar has been honored twice in the ‘Developer’ and ‘EPC’ categories by the Ministry of New and Renewable Energy (MNRE) for excellence in the rooftop solar industry. The National Excellence Awards 2016′ were bestowed at the ‘National Workshop on Roof Top Solar Power’ organized by MNRE at Vigyan Bhavan. Kuldeep Jain, Managing Director, CleanMax […]

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SoftBank’s investments in India to surpass $10 billion in 5-10 years

Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […]

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