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BlackRock Sells 14 French Solar Projects to International Consortium

The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […]

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AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya

Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […]

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World Bank signs agreement with Jharkhand and Central government for a $310 million loan

The Jharkhand Power System Improvement Project will help build new power transmission infrastructure To provide affordable, reliable and 24×7 electricity to the citizens of Jharkhand, the state and the central government have signed an agreement with the World Bank for a loan of $310 million. The Jharkhand Power System Improvement Project will help build new […]

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Soltage Closes First Round of Investment in 100-MW Solar Portfolio

Project to power 18,000 homes and offset 300 million pounds of CO2 each year Independent renewable energy provider, Soltage LLC, today announced that it closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset […]

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Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm

The electricity generated by the project will be provided to EVN, the Vietnamese state grid. Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar. The company said in a statement that, combined with the contracts won by […]

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Walmart, SunPower Sign 23 MW Solar Pact

As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019.   Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […]

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EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing

As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii. EnSync Energy Systems has sold a 20-year Power Purchase Agreement (PPA) with Kona Brewing Company to an undisclosed investor. As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new […]

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SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh

The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […]

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India Far from 100GW Solar Power Target: CRISIL

The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […]

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