SUBSCRIBE NEWS LETTER

financing

Biggest Solar Project/Tenders for the week

AAI Seeks Engineering Consultancy for 5 MW Solar Project at Calicut Airport The Airport Authority of India (AAI) has invited bids from eligible consultancy/EPC Firms having experience in solar power projects for providing consultancy on the provision of 5 MW solar plant at the Calicut Airport. The brief scope of work for winning bidders will […]

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EBRD, BSTDB to Finance 57.6 MW Solar Plant in Ukraine

Now, the country is mulling to increase the share of renewables in its energy mix mainly on account of a new solar plant located in the Mykolaiv region. International lenders, the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) will be financing the 57.6 MW new solar […]

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Tata Power Solar’s Residential Rooftop Solution Now in Hyderabad

Tata Power Solar has launched a residential rooftop solution in Hyderabad after a successful debut in Delhi, Mumbai, Ajmer, Bhubaneswar and Gandhinagar. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Hyderabad. The residential rooftop solutions are expected to save up to Rs 50,000 annually for […]

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PPA For 250 MW Wind Farm Signed in Egypt

The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […]

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India & Germany To Provide Financial Support to Climate Conservation Projects

Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […]

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In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019

At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […]

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Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report

By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […]

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BPDB Issues Tender For 50-60 MW of Solar Power Projects in Bangladesh

The last date for the submission of bids is March 14, 2019. The Bangladesh Power Development Board (BPDB) has issued a tender for setting up 50-60 MW of grid-connected solar PV projects at Rangunia, Chattogram. The project developer will be selected through a competitive bidding process. The selected project developer will be required to arrange […]

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Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations

The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […]

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