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RE projects

ReneSola Signs Framework Agreement to Develop 335 MW of Rooftop Projects

Upon completion of the project, ReneSola will sell the projects to Beijing Enterprises Clean Energy Group. ReneSola has announced that it signed a framework agreement with a wholly owned subsidiary of Beijing Enterprises Clean Energy Group Limited to develop 335 MW of rooftop solar projects in China located in Hebei, Shandong, Fujian, Shanxi and Jiangsu […]

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First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects

Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […]

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Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects

Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […]

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SPI Energy acquires 50% equity interest in two solar projects from Japan-based EastAsia Group

SPI Energy has acquired 50% equity interest in two solar projects currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. The Projects are located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain […]

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India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects

An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […]

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Amaranto Group signs an agreement with CPEC Ananta to build 200MW solar PV projects: Report

Amaranto Group has reportedly signed a joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar projects across India in next four years. Rodolfo Bigolin, managing partner and chief executive of Amaranto Global Asset Management, speaking to PV Tech said “the firms currently have two projects with a combined capacity of […]

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New Energy Solar Acquires Two large-scale solar projects of SunPower in California

New Energy Solar has announced that it has acquired a substantial majority interest in two large-scale solar projects of SunPower in California, totaling over 134 megawatts (MW). SunPower  will retain an ownership interest in the projects, which each having a capacity of 67.4 MWs, and provide ongoing operation and maintenance services. Stanford University has a […]

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Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report

Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […]

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