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Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform

The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […]

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Mytrah Energy reports USD 362.23mn in revenue

The renewable power producer Mytrah Energy entered into PPAs  for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […]

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EBRD Invests in Second Solar Park in Kazakhstan

The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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Ellomay to Buy 300 MWp Spanish Solar Power Project

Ellomay has entered into a SPA, acquiring the Spanish firm behind the project, Talasol Solar’s 300 MW solar power project with purchase amount of EUR 10 million. Ellomay Capital Ltd., an emerging operator in the renewable energy and energy infrastructure sector has announced its entry, through one of the Company’s subsidiaries, into a share purchase […]

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REPORT ON THE 11TH SNEC PV POWER EXPO

SNEC2017, with the exhibiting space reaching 180,000 square meters, attracted over 1,800 exhibitors and over 220,000 visits from 95 countries and regions The 11th SNEC PV POWER EXPO Successfully Held The largest PV tradeshow in the world — SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition was successfully rounded off on April 21st, 2017. […]

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SunPower to Supply Equipment Solutions to Global Solar Power Plant Market

“The SunPower Oasis platform delivers competitive cost of energy with the proven reliability and quality of SunPower technology in a fully pre-engineered complete solution” SunPower  has announced that it now offers the fully-integrated SunPower Oasis Power Plant platform directly to solar power plant developers and engineering, procurement and construction (EPC) providers through a newly formed […]

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Secondary Solar Market in India

with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital.  To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […]

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