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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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Solarcentruy Secures Finance to Build 500 MW Solar Projects in Spain

Solarcentury has secured a new EUR 54.8 million banking facility for the construction of two solar plants in Spain, with a combined capacity of 500 MW Solarcentury, the global integrated solar power company with operations across Europe, Latin America and Africa, has announced that it has secured a new EUR 54.8 million banking facility with […]

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RWE Renewables Brings 100 MW Solar Project Online in Texas

RWE Renewables has announced that it has achieved commercial operation on its 100 MW West of the Pecos solar project, located in Texas RWE Renewables has announced that it has achieved commercial operation on its West of the Pecos solar project, located in Reeves County, Texas, approximately 75 miles southwest of Midland-Odessa. The project is […]

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OPDEnergy Begins Operation of 50 MW Solar Plant in Spain

OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […]

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ICRA Revises Outlook from Stable to Negative for RE Sector

On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […]

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PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu

PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […]

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Eni and Falck Renewables JV to Develop 1 GW RE Projects

Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […]

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Statkraft and Solaria Sign 10-Year 252 MW Solar PPA

Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […]

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AIIB Extends $200 mn Facility for Renewables, Energy Efficiency in Turkey

A USD 200 million on-lending facility has been added to AIIB investments in Turkey to advance the country’s renewables and energy efficiency infrastructure. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors recently approved two investment projects in Turkey totaling USD 500 million. These projects will help the country advance its urban and energy infrastructure […]

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