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solar capacity

PSPCL Issues Tender to Procure 1000 MW Solar Power

Punjab State Power Corporation Ltd. (PSPCL) has issued a tender for the procurement of 1000 MW of solar power via  competitive bidding. This will be followed by an e-reverse auction. The RfS is open to grid-connected solar photovoltaic power projects with a capacity of 5 MW and above, located anywhere in Punjab. The last date […]

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SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030

The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […]

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Trina Solar Joins Chinese Peers With Major Expansion Plans

Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China’s Sichuan province. The Changzhou headquartered firm has been a major player in the solar […]

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MNRE Clarifies No Plan To Cut Import Duty On Solar Panels

Following news reports that the government plans to cut import duty on solar panels, the Ministry of New and Renewable Energy (MNRE) has seen it fit to clarify that no such plans are in the offing. The news reports, carried by news agency Reuters as well as many Indian news outlets, had claimed that the […]

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Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […]

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Sunpure Wins Contract to Supply Cleaning Robots for Qatar’s Large-Scale Solar Plant

Solar EPC and O&M firm, Sunpure has won a contract from South Korean Samsung C&T- an engineering and construction firm for the supply of PV cleaning robots for Qatar’s largest solar plant—the industrial cities solar power project (IC Solar). The cumulative capacity for the two solar PV plants that Sunpure will provide services for is […]

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