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MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters

MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […]

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Wpd Enters 600 MW Offshore Wind JV to bid in Taiwanese Tender

wpd has formed a JV with Taiwanese LeaLea Group, to develop a 600 MW offshore wind farm which is expected to be part of the third tender round in Taiwan. With several contracts, wpd is strengthening its presence and activities in Taiwan and intensifying its focus on this emerging energy market. Ahead of future tender […]

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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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SgurrEnergy India Crosses Milestone of 33 GW Global Solar Project Consulting

c The company has shared its significant achievement through one of the professional networking sites and said that it has tripled its consulting portfolio and crossed 33 GW of consulting landmark milestone in just less than four years. This is significant as it had completed 9 GW of consulting experience with 300 customers in 2016, […]

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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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ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia

ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […]

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Siemens Gamesa Secures O&M Contract for a 135 MW Senvion Wind Farm in Australia

Siemens Gamesa has secured a 20-year contract to provide full-scope O&M services for a 135-MW Senvion wind farm in Victoria, Australia. Siemens Gamesa Renewable Energy has announced that it has secured a long-term, 20-year contract to provide full-scope operation and maintenance (O&M) services for a 135-MW Senvion wind farm in Victoria, Australia. Under the agreement, […]

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I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni

I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and […]

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150 GW of RE Projects at Risk Due to Coronavirus

In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […]

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