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Maldives Invites Applications for 21 MW World Bank Backed Solar Projects

Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […]

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Flair Group to Solarise its Manufacturing Plant with SunAlpha Energy

Rajasthan based SunAlpha Energy on Wednesday said that it has entered into partnership with Flair Writing Industries Ltd, country’s one of the leading manufacturers of writing instruments, to solarise its manufacturing facility. As per the deal, the company will install a solar plant of 150 kW capacity at the Flair’s manufacturing plant in Daman. Further, the […]

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Adani Green Energy Posts 35% Increase in Revenue in First 9 Months of FY20

Adani Green Energy has announced its financial results for the first 9 months, reporting revenue from operations of Rs 1852 crore, a 35% growth YoY Adani Green Energy (AGEL), a part of the Adani Group, has announced its financial results for the first 9 months of FY 20 and quarter ended December 31, 2019. And […]

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Capital Dynamics Signs PPA for 100 MW Solar Power in Indiana

Capital Dynamics has signed a long-term PPA with Indiana Municipal Power Agency (IMPA) for it to purchase 100 MW solar power. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has signed a long-term Power Purchase Agreement (PPA) with Indiana Municipal Power Agency (IMPA) in coordination […]

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Lightsource BP Secures Debt Facility for 250 MW Solar Cluster in Spain

Lightsource BP has signed a senior debt facility with NatWest Markets to fund its first Spanish solar project cluster of 250 MW in the province of Zaragoza. Lightsource BP, a global leader in the development, financing, and operation of solar power projects has announced that it has signed a senior debt facility with NatWest Markets […]

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Renew Financial Sells Residential PACE Assets for $160 Million

Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […]

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EXIM Bank Grants $35.8 Mn to Republic of Suriname for Hybrid PV Systems

Exim Bank has extended a LOC to the Government of the Republic of Suriname, for financing a rural electrification project using solar DG hybrid PV systems The Export-Import Bank of India (Exim Bank) has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 35.80 million, to the Government of […]

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Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP

Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […]

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In India, Solar to Edge Ahead of Wind in 2020

Wind Energy, which had enjoyed a strong headstart in India, has been falling away, even as Solar catches up. 2020 will probably see total solar capacity overtake wind energy capacity in the country for the first time, ever. Wind Energy, which along with Solar Energy is expected to play a significant role for India to […]

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