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Sustainable Energy

REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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Andhra Pradesh Launches New Solar Policy

The policy aims to target a minimum total solar power capacity addition of 5,000 MW in the next five years in the state of Andhra Pradesh. With an objective of providing a framework for promotion of large grid connected solar PV systems in the state of Andhra Pradesh, the state government has released ‘Andhra Pradesh […]

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Sungrow and Solaria Energía Sign Deal for 400 MW Project

Furthermore, Sungrow’s 1500V central inverter solution is an ideal match for Spain’s typical climate conditions. Sungrow, has supplied their 1500V inverters to Solaria, including a complete local medium voltage solution to a 400 MW solar PV installation. Solaria Energía y Medio Ambiente has already started the construction of the first parks located in Cáceres, Valladolid, […]

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SolarEdge to Acquire S.M.R.E. Spa

The company has more than fifteen years of experience developing end-to-end e-mobility solutions for electric and hybrid vehicles. SolarEdge Technologies a global leader in smart energy, has announced its entry into a definitive agreement to acquire S.M.R.E Spa. SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. Founded in 1999 SMRE has three […]

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EBRD Lends 5.9 Mn Euros for 15 GW Macedonian Solar Plant

Since the new solar plant is located at the site of an exhausted lignite coal mine it will also support ELEM’s efforts to rehabilitate the 26 hectare mine site. The European Bank for Reconstruction and Development (EBRD) is lending 5.9 million euros to ELEM, Macedonian state-owned electricity company, to build the first large-scale solar power […]

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EBRD Issues 600 Mn Euro Green Bonds

The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […]

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Tata Cleantech Capital Raises Rs 180 Cr via Green Bond

Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […]

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IOCL Inaugurates First Fully Solar Powered Fuel Outlet in Kerala

Chairman of IOC, who inaugurated the outlet also mentioned that Kerala is the first state in which all IOCL owned fuel outlets are fully automated. Taking steps towards a sustainable future, Indian Oil Corporation recently inaugurated India’s first 24×7 solar-powered fuel retail outlet in Kochi, Kerala. Sanjiv Singh, Chairman of IOC, who inaugurated the outlet […]

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Vestas Wins 359 MW Repowering Order in Texas

Vestas will replace the existing Clipper turbines with V110-2.2 MW turbines at the Trinity Hills, Sherbino Mesa II, and Silver Star wind projects. Vestas has received a 359 MW order to repower a portfolio of three projects in Texas from Phoenix Wind Repower, LLC, which is a portfolio investment of a fund managed by the […]

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