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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil

The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […]

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Rioglass Solar Signs Contract For World’s Largest CSP Plant

Rioglass Solar signs Dubai 600 MW CSP Project order for both parabolic trough receiver tubes and mirrors with Abengoa Energía and Shanghai Electric. The record-breaking Dubai 700 MW CSP + 250 MW PV Hybrid Project Noor Energy 1, developed by ACWA Power in close cooperation with DEWA, Shanghai Electric Group Corporation as EPC, and Abengoa […]

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India Ranks 4th in the World by Wind Energy Capacity

According to a recent report by power-technology.com, India with 35 GW of installed wind capacity is fourth in the list of top 10 countries in the world by wind energy capacity. The report further adds that China, the only other Asian country to make it in the list, topped the chart with 221 GW of […]

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SECI Extends Deadline For 3 GW Manufacturing Linked Solar Tender

The deadline for submission has been extended from March 18, 2019, to April 4, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […]

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RfS For 1200 MW Solar Power Projects Released (ISTS-IV)

The maximum tariff payable to the Project Developer is fixed at Rs 2.65/ kWh for 25 years. The Solar Energy Corporation of India (SECI) has released the detailed Request for Selection (RfS) document for selection of solar power developers (SPDs) for setting up of 1200 MW ISTS Connected Solar Power Projects (ISTS-IV) on a pan […]

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Maharashtra Issues Tender For 184 MW Solar Projects for AG Feeders

The last date for bid submission is April 16, 2019. The Maharashtra State Power Generation Company Limited (MAHAGENCO) has issued a tender inviting online bids for the development of 184 MW of grid-interactive solar PV power plants at various locations in the state. The successful bidder will also have to provide operations and maintenance (O&M) for 25 […]

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Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing

The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for  developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […]

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SunSource Energy to Set Up 70 MW Solar Plant in UP

The project, once commissioned, will be one of the largest open access solar power projects in Uttar Pradesh.  SunSource Energy on Wednesday said it will develop a 70 MW solar power project under the open access scheme in Uttar Pradesh. The power generated by the project will be sold to commercial and industrial customers through long-term Power Purchase […]

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