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Solar Project

Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders

Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […]

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Is Solar Market At Risk of Shutting Out Competition?

With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […]

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Solis Launches new 110kW Inverter Solution for Rooftop Solar Systems

Ginlong Technologies (Solis) has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. Ginlong Technologies (Solis), a global leader in PV string inverter manufacturing, has released the latest addition to its 5 Generation (5G) portfolio, the new “Solis 110kW” inverter. The new inverter, as the firm claims, brings a more reliable, […]

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China’s Solar Additions for 2020 Likely to Decline by 6.6 GW: Report

On the back of widespread coronavirus outbreak and its impact, China’s solar photovoltaic (PV) capacity additions for 2020 is expected to fall short by 6.6 GW against the earlier projections, said the data and analytics company. Earlier, Chinese solar PV capacity additions were projected at 40 GW for the current year, which is higher than […]

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IREL Tenders for 100 kW Rooftop Solar Power System

IREL has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. Indian Rare Earths Limited (IREL) has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. The last date for bid submission is […]

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Dominion Energy Remains on Schedule to Build 2.6 GW Offshore Wind Project

Dominion Energy and its contractors remain on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind project remains on schedule Dominion Energy has issued a notification claiming that it along with its contractors remains on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project remains on schedule to become an economic […]

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Nedstack, Providence to Co-Develop Hydrogen Based Soln to offer Affordable Solar Power

With an aim to offer affordable solar power around the clock, Sydney based innovation firm Providence Asset Group (Providence) and fuel cell manufacturer Nedstack have entered into a strategic partnership agreement to co-develop and deliver hydrogen-based power-to-power solutions for the Australian and Pacific region solar market. Both companies are also looking for the potential to […]

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […]

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Tender Issued for 283 kW Rooftop Solar Plants in Rural Maharashtra Hospitals

MEDA has tendered for rooftop solar plants at 2 sub-district hospitals and rooftop systems with battery back up at 10 rural hospitals in Maharashtra The Maharashtra Energy Development Agency (MEDA) has issued a tender for the commissioning of grid-connected rooftop solar PV power plants under net metering at two sub-district hospitals and rooftop solar systems […]

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