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renewable energy investment

Islamic Development Bank To Offer Insurance/Finance For RE Projects

In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […]

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Marguerite To Invest EUR 60 Million In New Solar Platform

Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […]

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Largest Floating Solar of North India Worth 2 MWp Capacity Inaugurated in Chandigarh

North India’s largest floating solar power plant of 2MWp capacity has been unveiled at Chandigarh. The floating solar facility was inaugurated by the Governor of Punjab and Administrator of Chandigarh, Banwari Lal Purohit. The official statement of the UT held that the plant was commissioned by Chandigarh Renewal Energy and Science & Technology Promotion Society […]

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2023’s Promise for Solar. Will India Rise To The Challenge?

Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […]

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Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects

Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […]

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Modules for Egypt’s Largest PV Project to be Supplied by JA Solar

International solar cell and module manufacturing maker JA Solar has signed an agreement with AMEA Power, a UAE-based power developer. The firm has joined hands with a consortium consisting of China Energy Engineering Group, China Energy International Group and Zhejiang Thermal Power Construction aimed at the supply of integrated solutions for gigawatt-scale wind and photovoltaic […]

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Sungrow & SOL+ Distribuidora Forge Partnership for 500 MW Inverter Distribution in Brazil

Developer and producer of photovoltaic inverter technology, Sungrow, and SOL+ Distribuidora, the new business front of Holding SOL Copérnico, based in Brazil, have entered into a partnership facilitating distribution for the Brazilian market. As per the agreement, SOL+ will be responsible for the distribution of 500 MW of on-grid Sungrow photovoltaic inverters in all of […]

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Oil & Gas Major Cepsa to Build 400 MW of Solar Projects in Spain

Spanish oil and gas major Cepsa has announced that it will be building three new solar power projects in Castilla-La Mancha of Spain. Cepsa said that the total capacity of the three farms will be 400 MW. Cepsa will develop the solar projects in the towns of Campo de Criptana and Arenales de San Gregorio […]

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