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World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond

The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […]

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NISE Issues Tender For Fire Test Apparatus For SPV Modules

The last date of bid submission is March 8, 2019. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a tender for “Fire tests, spread of flame and burning–brand tests apparatus set up” for Solar PV Modules at its campus in Gurgaon. The […]

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MBJ Post Shipment and Post Installation Inspection Report

In order to realize the module test on site at the highest technical level, MBJ and there worldwide partners need the right testing equipment. MBJ invented and consistently improved the Mobile PV Laboratory for the efficient on-site testing of solar modules, so that today it works on the technical level of conventional stationary laboratories. Test […]

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SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn

However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […]

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ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC

The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […]

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NTPC Invites Applications For Enlistment of Wind Energy Developers

The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […]

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NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia

The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […]

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PRE-BID MEETING NOTIFICATION FOR 50 MW THDC SOLAR POWER PLANT AT KASAGOD KERALA

Pre-Bid Meeting Notification: Tender for Design, Engineering, Procurement, Supply, Construction, Erection, Testing & Commissioning of 50 MW (AC)Solar PV Power Plant including 10 years Plant O&M at KASARGOD, KERALA, India This has reference to the NIT documents (NIT No. SECI/C&P/NIT/2019/THDC50 dated 08.02.2019) regarding the Tender for Design, Engineering, Procurement, Supply, Construction, Erection, Testing & Commissioning of […]

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Saudi Arabia Signs Framework Agreement of ISA

Saudi Arabia has become the 73rd nation to sign the Framework Agreement of the International Solar Alliance. The agreement was inked during the official state visit of the Crown prince of Saudi Arabia, Royal Highness Muhammad bin Salman bin Abdul-Aziz Al Saad to India. The signed agreement was handed to ISA’s Director-General Upendra Tripathy in […]

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