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SunPower secures 27 out of the total 33 awards under France’s ZNI Tender

SunPower has announced that it was selected to provide 39.1 megawatts of solar photovoltaic technology under the French government’s tender for supplying the country’s ZNI (non-interconnected zones) with renewable energy and storage. The company secured 27 out of the total of 33 awards, or 76 percent, under the tender program. As part of the tender […]

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Canadian Solar sells solar power projects to Create Technology & Science in China

Canadian Solar announced that its wholly-owned subsidiary, CSI Solar Power (China) Inc. has entered into a project sale agreement, pursuant to which, Create Technology & Science has agreed to purchase Canadian Solar’s operating solar power projects in Funing County, Jiangsu Province, China for approximately USD 32.8 million). The project sale agreement will become effective after […]

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SPI Energy signs non-binding framework agreement with GSR GO Scale Capital

SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […]

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World Bank announces to provide more than $1 billion for India’s solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […]

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MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala

Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […]

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Indian Council of Medical Research with CEEW launches ‘Solar for Healthcare’ Initiative

The Indian Council of Medical Research (ICMR) has signed a MoU with the Council on Energy, Environment and Water (CEEW) to launch ‘Solar for Healthcare’ Initiative.  The synergy between health and energy are the two specific goals of this initiative, and the efforts within this collaboration advances on both fronts. ICMR and CEEW will focus […]

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Ecoppia’s new VP Nalin Sharma to lead company’s Asian operations

Ecoppia has begun building its Indian and Asian operations, starting with hiring a new VP for the region, Nalin Sharma. Sharma is a veteran of the Indian solar industry and brings many years of management experience to the role. He was an early employee and Head – Channel Partnership at SunEdison Asia, spearheaded channel strategy […]

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CLP India, Suzlon form JV for 100MW solar project in Telangana

CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […]

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Juwi, KPS partners on solar, battery and diesel hybrid system

juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […]

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