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financing

BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat

Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […]

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RECPDCL Looks for Solar Developer to Set up 250 MW Solar Projects

REC Power Development & Consultancy Limited has issued a tender for the selection of Solar Power Developer for setting up of 250 MW ISTS-connected solar PV power projects anywhere in India under Tariff-based competitive bidding with greenshoe option of additional capacity of 250 MW under scheme for flexibility in generation and scheduling of thermal/ hydro […]

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Gogoro Plans To Start Battery Swapping Centres in Mumbai, Pune In 2024

Taiwan-based Battery Swapping Station (BSS) company Gogoro plans to expand in India. The firm, which already has battery swapping stations in New Delhi and Goa, now plans to establish new centers in Mumbai and Pune in Maharashtra.  As per a media statement by the firm, it is likely to complete the setting up of its […]

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Solar Emerges As Primary Choice For Domestic Funding Of NDC Targets: IRENA

A latest International Renewable Energy Association (IRENA) report shared the status of the renewable energy target in the Nationally Determined Contribution (NDC) until October 2023 and talked about the role of solar in this. It found that 148 parties have set quantifiable renewable energy targets for tripling renewable energy power by 2030. In this, 113 […]

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Solar Project Engineer

This is a full-time on-site role for a Project Engineer in the Kolkata metropolitan area. The Project Engineer will be responsible for managing solar power projects from planning to final execution. The day-to-day tasks will include project scheduling, site assessment, vendor management, quality management, technical review, and final commissioning of solar power plants. Qualifications And […]

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European Union Agrees For A Rooftop Solar Standard

Solar Power Europe, an industry association of solar companies, recently, released a statement by the European Union (EU) followed by a negation by them on the European performance of building directive. The EU now seems to have agreed for a rooftop solar standard.  In this, they concluded by defining the directives for building energy efficiency […]

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33 GW Solar In Sight In US For 2023, With 6.5 GW Additions In Q3

The U.S. solar industry added 6.5 gigawatts (GW) of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take hold. As a result of this growth, the United States is expected to add a record 33 gigawatts (GW) of solar capacity in 2023, according to the […]

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Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report 

A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […]

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