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RE projects

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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Hartek Power bags 330 Mw solar projects

India’s fastest growing EPC Company Hartek Power has bagged substation orders for 330-Mw solar projects across the country in the Q1 of the current FY. The Chandigarh based company has set a target of executing EPC for 500-Mw solar power projects to the grid 2016-17. The 330-Mw solar EPC orders include 10 substation projects of up to 132 Kv spread across […]

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SunPower secures 27 out of the total 33 awards under France’s ZNI Tender

SunPower has announced that it was selected to provide 39.1 megawatts of solar photovoltaic technology under the French government’s tender for supplying the country’s ZNI (non-interconnected zones) with renewable energy and storage. The company secured 27 out of the total of 33 awards, or 76 percent, under the tender program. As part of the tender […]

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Ecoplexus announces a 25 MW DC portfolio of projects across California

Ecoplexus has announced a 25 MW DC portfolio of projects across California.  The projects include carport and ground-mounted installations, connecting behind-the-meter at a number of state facilities. The project will provide clean energy to power the facilities, offset greenhouse gas emissions and reduce energy costs. Ecoplexus‘s portfolio will provide approximately 30.5 gigawatt-hours of clean electricity […]

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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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KfW and IREDA signs 6th Line of Credit (LoC) for € 20 million

KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have signed € 20 million Loan Agreement to be utilized by IREDA for “Access to Energy” by financing Renewable Energy projects in India. The 6th Line of Credit (LoC) signed between KfW and IREDA is on standalone basis without sovereign guarantee from Government of […]

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30 percent of 472 villages electrified this month are off-grid

According to the Rural Electrification Corporation (REC), electrification of 472 villages was completed this month (6june-28june) and about 142 of them got an off-grid connection. Solar PV has remained the most deployed off-grid connection in the country, with total installed capacity of 7.5GW as of May 2016. Nine out of eleven projects sanctioned under renewable […]

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