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energy investments

Enel Inaugurates Peru’s Largest Solar PV Plant

Enel invested around 170 million US dollars in the construction of Rubi, as part of the investments outlined in the company’s current strategic plan. Enel, has started operations at the 180 MW1 Rubi solar PV plant, which is Peru’s largest solar plant and Enel’s first solar facility in the country. Antonio Cammisecra, Head of EGP […]

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Construction Starts on 700MW Concentrated Solar Power Plant in Dubai

The new 700MW CSP project, which will be based on the Independent Power Producer (IPP) model, will feature the world’s tallest solar tower measuring 260m. United Arab Emirates (UAE) Vice-President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum has broken ground on the 700MW concentrated solar power (CSP) phase 4 of the Mohammed bin […]

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AFDB Signs Deal With ISA to Propel Solar Development in Africa

African Development Bank and International Solar Alliance will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine rich African countries. In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar […]

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Macron-Modi to Cochair International Solar Alliance Launch on March 11

International Solar Alliance became a treaty-based inter-governmental international organisation on December 6, 2017, registered under Article 102 of the United Nations Charter. French President Emmanuel Macron is to pay a state visit to India to cochair the founding conference of the International Solar Alliance with PM Modi, in the national capital on Sunday. A brainchild […]

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Florida Power & Light Inaugurates Four New Solar Projects Totaling 298 MW

FPL’s solar expansion plays a significant role in its forward-looking strategy of making smart investments that generate affordable clean energy for customers. Florida Power & Light Company has announced the names and locations of four new solar power plants expected to begin powering customers by mid-2019. The newly announced solar sites are: FPL Interstate Solar […]

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Brazil Set to Join International Solar Alliance

Brazil has surpassed 1.1 GW of installed solar capacity, with large-scale facilities accounting for 935 MW. It has also started the process of joining the International Renewable Energy Agency (IRENA). In a significant development, the National Congress of Brazil is reviewing a plan for the country to join the International Solar Alliance (ISA), says the […]

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Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra

The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […]

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M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program 

M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […]

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S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering

The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […]

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