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CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio

The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […]

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PGCIL Issues Statcom Package-I & II Tenders for Evacuating 8.1 GW Solar Energy in R’sthan

State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for Statcom Package-I & II for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document for package-I as “Statcom Package-I for Statcom at 400kV Fatehgarh-II PS associated with transmission system […]

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Tender Floated for Off-Grid Solar Power Supply to LED Pathway Lights for Indian Navy

State-owned Military Engineer Services (MES), which provides an infrastructure for armed forces, has invited bids for the supply of distributed solar energy to LED pathway lights. The scope of work includes the provisioning of off-grid solar electric supply to LED pathway lights at Nofra under GE Gomantak Vasco. The start date and time for downloading […]

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Indian Oil Tenders for 150 kW Solar System in UP

The Indian Oil Corporation (IOCL) has issued a tender for the commissioning of a solar power system at the firms’ LPG bottling plant in Kanpur, UP. The Indian Oil Corporation (IOCL) has issued a tender for the commissioning of a solar power system at the firms’ LPG bottling plant in Kanpur, UP. The scope of […]

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Domestic Solar Manufacturing Could Benefit From Pandemic

Supply disruption from China and the decline in domestic solar capacity addition due to the pandemic offers a golden opportunity to local solar manufacturing The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offers a golden opportunity to ramp up local manufacturing of solar modules and […]

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Scatec Solar Passes 1.5 GW Mark for Operational PV Projects

Scatec Solar has passed the milestone of 1.5 GW solar capacity in operation globally with the commissioning of its latest 54 MW project in Ukraine Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operations of the 54 MW Boguslav solar project in the Kyiv region of Ukraine. And […]

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Iberdrola Acquires French Renewables Firm Aalto Power for €100 Mn

Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for […]

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kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More

kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […]

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