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Capital Dynamics, 8minute Partner on 400 MW Solar & Storage Centre

Capital Dynamics and 8minute Solar Energy have partnered through equity financing and acquisition of the 400 MW Eland Solar & Storage Center in California. Capital Dynamics, an independent global private asset management firm has announced that its Clean Energy Infrastructure (CEI) business has entered into a development partnership with 8minute Solar Energy through the equity […]

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UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund

The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […]

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SunAlpha Energy Wins 2 MW Rooftop Solar Capacity under Capex Model

Rajasthan based SunAlpha Energy on Saturday said that it has won an aggregate 2,000 kWp of capacity under the state-owned Solar Energy Corporation of India’s (SECI’s) rooftop solar tender for government buildings. Under SECI’s global competitive bidding for the implementation of 97.5 MWp grid-connected rooftop solar photovoltaic (PV) system, the successful bidders and developers will […]

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Chattisgarh Commission to set Generic Tariff for Solar Energy Projects

The Chattisgarh Commission has issued a draft order with the generic levelised tariffs for FY 2019-20 & 2020-21 for renewable energy sources like solar. The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued a draft order with the findings and results of the suo-moto meetings conducted by the commission to determine the generic levelised tariffs […]

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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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IRENA and EBRD Sign Agreement to Strengthen Cooperation

IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […]

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Cheaper EV Could help Tesla hit Targets by mid-2020s: WoodMac

Tesla has announced its plans to capture 1% of all car sales globally, WoodMac projects that it will meet the targets by 2024 if it launches a cheaper EV In Q3 2019, Tesla announced its plans to capture 1 percent of all car sales globally. With its current portfolio of luxury cars, the company is […]

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Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan

Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […]

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Lightsource BP Secures Tracking Equipment for 1.5 GW Solar Projects

Lightsource BP has announced the purchase of approximately USD 100 million in tracking equipment for over 1.5 GW of large-scale solar projects in the US. Lightsource BP, a global solar leader, has announced the purchase of approximately USD 100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment […]

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