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CIT Secures $200 Mn for Clearway Solar Energy’s 76 MW Portfolio

New York Headquartered bank holding company CIT Group’s Power and Energy arm arranged about USD 200 million financing for a 76 MW portfolio of community solar projects. The company said that it has arranged the financing on behalf of Clearway Energy Group, one of the leading developers and operators of clean energy generation facilities in the United […]

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Total, Marubeni JV Selected to Build 800 MW Solar Plant in Qatar

A consortium of Total and Marubeni has entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, an 800 MW solar plant in Qatar. A consortium of Total (49 percent) and Marubeni (51 percent) has announced that it has entered into agreements for the development of the Al Kharsaah Solar PV […]

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Innovative Solar Puts 6 Projects in Texas Worth 1035 MW on Sale

Innovative Solar is offering for immediate acquisition, 6 large-scale solar PV projects worth 1035 MW in Texas. Innovative Solar Systems (ISS) has announced that it is offering for immediate acquisition of six large-scale solar PV projects in the ERCOT market in Texas, the six solar projects range in capacity from 85 MW to 300 MW […]

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ADMARES to Deliver 16 Solar-Powered Floating Hotels to Qatar

In preparations to host the 2022 FIFA World Cup, Qetaifan Projects, a Katara Hospitality owned company, entered into a memorandum of understanding (MoU) with ADMARES, an alternative real estate company, for sixteen solar powered floating hotels to serve its tourists and fans. Qetaifan Projects continues its series of local and international partnerships that would add […]

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Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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Huaneng Dongfang Power Plant: Intelligent for Three Years, Still Going Strong

Three years ago, the Huaneng Company and Huawei jointly digitalized the Dongfang Power Plant. As the first PV project to be digitalized, it is worth looking back to see how the new technology has bolstered performance. 20% Higher Energy Yield The project was initiated on June 30, 2016 for grid-tied power generation. It adopted the […]

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Green Energy Surged in Britain Over Last 3 Years: Report

Green energy has surged in Britain over the last three years, according to survey data which also highlighted accelerating investment in wind power. Green energy has surged in Britain over the last three years, according to survey data published which also highlighted accelerating investment in wind power. Turnover in Britain’s low carbon and renewable energy sector expanded […]

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Adani & Azure Winners in SECI’s Manufacturing-Linked Solar Tender

Adani Green Energy and Azure Power have emerged as the successful bidders in SECI’s first manufacturing-linked solar tender Adani Green Energy and Azure Power have emerged as successful bidders in Solar Energy Corporation of India’s (SECI’s) first manufacturing-linked solar tender, a top government official has confirmed. Adani has bid for 1.5 GW solar cell manufacturing capacity and 6 GW generation capacity, MNRE Secretary […]

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India Will Need 125,000 sq.km. Land to Achieve Renewable Targets

A new research article shows that the total land footprint needed to meet the renewable energy targets of India is large is 125,000 sq.km. A new research article, “Renewable Energy and Land Use in India: A Vision to Facilitate Sustainable Development”, published in the scientific journal, Sustainability, shows that the total land footprint needed to […]

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