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SunPower Secures $1 Billion in Solar Plus Storage Financing

SunPower has announced that a new USD 1 billion partnership with Tech CU will increase financing options for qualified US residential solar customers. SunPower Corp has announced that a new USD 1 billion partnership with Technology Credit Union (Tech CU) will increase financing options for qualified US residential solar customers. The new partnership will give SunPower access […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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BHEL Opens Tender for Global OEMs to Setup Facilities in India

The ongoing coronavirus crisis has raised the wakeup call for global economies to diversify the manufacturing activities, which are concentrated in a single location from a long time. Thus, the situation has thrown up the need in front of global Original Equipment Manufacturers (OEMs), which are largely in China and other countries, to diversify their […]

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Vestas Bags Order for two Wind Projects in Complex Terrains of Vietnam

Vestas has secured an order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri province. Vestas has announced that it has secured another order in Vietnam for two wind energy projects totalling 64 MW and located in complex mountainous terrain in the Quang Tri […]

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PM Stresses on Attracting Private Investments for Power Sector

Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […]

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ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh

ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […]

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Gridserve, Hitachi Partner to Set up Solar-Powered EV Charging Infra in UK

Hybrid solar solutions specialist Gridserve Sustainable Energy Ltd has got multi-million-pound financial backing from Hitachi Capital (UK) PLC, an innovative financial solutions provider, to develop a solar-powered electric vehicle (EV) charging infrastructure across the UK. As per the tie-up, Hitachi will provide its financial support and motor industry expertise, while Gridserve will use its specialisation […]

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Trina Solar Wins First 100MW+ Contract in India for its New Vertex Bifacial Modules

Trina Solar Co Ltd, a leading provider of integrated photovoltaic (PV) modules and smart energy solutions, has won a contract from Noida-headquartered SunSource Energy to supply 105 MW of its new Vertex modules. This is the first 100 MW plus contract in India for the company’s Vertex bifacial modules, and it is likely to start […]

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Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders

Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […]

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