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Azure Power’s Portfolio Surpasses 3 Gigawatts

  Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […]

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EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia

Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […]

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Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity

This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […]

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Engagement of Social Development Consultant for SECI

Solar Energy Corporation of India Limited (SECI) is planning to set up a solar –wind hybrid project with World Bank financing. To prepare and ensure the social safeguards requirement for the project, SECI intends to engage a Social Development Consultant on Retainer basis. Individuals having vast experience in various areas of preparation and implementation of […]

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Why a Performance Guarantee is Guaranteed Underperformance

Sorrebh Samdani, Applications Engineering Manager at infiswift Many in the solar industry view the performance guarantee as an assurance that PV projects will produce the maximum amount of energy. While the performance guarantee does ensure that a PV project will produce above a minimum threshold, it does not ensure that it will perform to its […]

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Sterling and Wilson to Build Zambia’s Largest Solar Plant

Sterling and Wilson was ranked as the world’s largest pure play solar EPC company (outside USA and China) by IHSMarkit in Q1 2017. Sterling and Wilson, leading Global Solar EPC Company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 MWp. It is the first project to be implemented in the frame […]

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Solar or Power Plant in India to be Built, Plans Bangladesh

Bangladesh will likewise have the capacity to import power from the power plant after its development. Bangladesh is wanting to manufacture a power plant in India through the Bangladesh-India Friendship Company (BIFCL). The underlying arrangement is to construct solar or coal-based power general plant. A choice has been made to frame an advisory group containing delegates […]

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International Finance Corporation to Support Largest Solar Power Plant in Jordan

The solar plant in Jordan is the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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