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Canadian Solar Signs its Biggest Module Supply Agreement

Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […]

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Wind Majors Come Together For Africa Task Force

The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […]

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ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan

The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […]

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Iberdrola Signs PPA For 52 MW Wind Power in USA

Iberdrola group, through its subsidiary in the USA, Avangrid Renewables, has signed a PPA (Power Purchase Agreement) with Dairyland Power Cooperative to supply 52 MW of renewable energy from the Tatanka Ridge wind farm in South Dakota. Dairyland’s portion of Tatanka Ridge’s output would represent enough wind power to power approximately 16,000 homes. Avangrid Renewables […]

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Fortum and Nordkraft JV to Target Norwegian Wind Power Development

Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been successfully co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market. “Fortum’s goal is to grow substantially in the Nordic wind and Norway […]

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Adani Solar Aiming For 50% Market Share by 2021

Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […]

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ADB Grants $750 Mn For Railway Track Electrification in India

ADB has signed off on what is its largest single nonsovereign loan ever committed, for the electrification of the Indian railway network. A project expected to help India’s railway sector transition to electric power and away from dependence on fossil fuels. The Asian Development Bank (ADB) has signed an agreement to provide $750 million (Rs […]

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Scatec Solar Brings on MT Energy For 485 MW Solar Projects in Vietnam

Scatec Solar is envisioned to provide the project’s equity funding. In addition, the company will be the turn-key EPC provider and will be providing Operation & Maintenance as well as Asset Management services to the projects. Norway-based Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale […]

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ADB Agrees To Help Finance 100-MW Solar Project in Cambodia

The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […]

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