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Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan

The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […]

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Vikram Solar commissions 130 MW solar project for NTPC in Bhadla, Rajasthan

Vikram Solar has used Poly-crystalline modules of size 295Wp to 320Wp for NTPC’s 130 MW solar project Vikram Solar has announced that it has commissioned a 130 MW (2×65 MW) Solar PV Power Plant for NTPC in Bhadla, Rajasthan. The project has been developed under the State Specific Bundling Scheme (for bundling with thermal power […]

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Enel Starts Construction of the America ’s Largest Solar PV Project in Mexico

The overall 754MW solar PV plants will be operational in the second half of 2018 and is expected to generate over 1700 GWh of solar power each year. Enel, through its Mexican renewable subsidiary Enel Green Power México (“EGPM”), has started construction works at its 754 MW1 Villanueva solar PV Plant in Viesca, Coahuila State, […]

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Chinese Scientists Developing All-Weather Solar Cells

Tang’s team and one led by Yang Peizhi, a professor with Yunnan Normal University, developed a solar cell using a crucial material called long persistent phosphor (LPP), which can store sunlight energy in the day and harvest it in darkness. A photovoltaic revolution is taking place with the emergence of new solar cells. Chinese scientists […]

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Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy

The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […]

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Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report

Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […]

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