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renewable energy investment

Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems

Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […]

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Maharashtra to Get Floating Solar Plants Worth 500 MW on 4 Dams

Maharashtra is all set to get floating solar power generation plants in four dams. Maharashtra is all set to get floating solar power generation plants in four dams, state Water Resources Minister Girish Mahajan told the Legislative Council. In a written reply to a question raised by NCP MLC Hemant Takle, Mahajan stated the backwater of Wardha, Bebala, […]

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EDPR Secures PPA For its 1st Large Scale Solar Plus Storage Project

EDPR has secured a 20-year PPA with East Bay Community Energy to sell 100 MW of solar energy and 30 MW of energy storage from the Sonrisa Solar Park. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Madhya Pradesh Increments Capacity to 32 MW For Rooftop Solar Tender

Madhya Pradesh has increased the solar capacity under its rooftop tender to 32 MW from 25 MW. The Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has increased the capacity tender under its rooftop tender to 32 MW from 25 MW. MPUVNL had invited Request for Proposal (RfP) for the selection of bidders for the implementation […]

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Ørsted Selected to Develop 1,100 MW Ocean Wind Project in New Jersey

New Jersey has selected Ocean Wind, an offshore wind energy project with a capacity of 1,100MW proposed by Ørsted. The New Jersey Board of Public Utilities (NJBPU) has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group (PSEG), to negotiate a 20-year offshore wind renewable energy […]

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As 20 Delhi Schools Get Solar Power, 80 More To Join

The move is in line with the Delhi government’s flagship program to make the national capital a solar city in the coming years. Astoundingly, the returns from the government’s investment seem to be over 15%, based on government figures According to Delhi’s Department of Education, solar panel installation has been completed in 21 school buildings […]

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DEWA Issues Tender For 900 MW 5th Phase of MbRAM Solar Park

DEWA has issued a tender for the 5th phase of MbRAM Solar Park for 900 MW, based on the Independent Power Project (IPP) model. The Dubai Electricity and Water Authority (DEWA) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park for 900 megawatts (MW) of electricity […]

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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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