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Ind-Ra Withdraws Sterling & Wilson Solar’s CP Ratings on Request

Credit rating agency India Ratings and Research (Ind-Ra) has withdrawn its rating assigned to Sterling & Wilson Solar (SWSL), a Shapoorji Pallonji Group company, on the Rs 300 crore Commercial Paper (CP) programme. The company said that “on its request, India Ratings & Research has withdrawn the ratings assigned on the Rs 300 crore Commercial […]

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Adani Green Energy Generation Capacity Rises to 2.5 GW in FY20

Adani Green Energy has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20. Clean energy firm Adani Green Energy Ltd (AGEL) has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20, while total electricity supplies jumped 14.5 percent […]

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Redavia Delivers Free Solar amid Corona Crisis

In a voluntary step to support the Ghanaian and Kenyan businesses in this testing time of economic uncertainty, Redavia, which offers solar power for businesses and communities especially in East and West Africa, has created a new concessionary solar power program ‘the COVID-19 Resilience Lease’. This crisis has disrupted African businesses significantly. In these challenging […]

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Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam

Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […]

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India’s Solar Energy Plans Bogged Down With Supply Chain Issues

Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […]

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ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton

New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […]

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Will China’s Massive 500 GW Solar Manufacturing Expansion Happen?

One of the toughest tasks for any journalist covering the solar manufacturing sector is sorting reality from mere announcements in the hub of the industry, China. From being an outlier till early 2000’s, China has emerged as the engine of growth for the sector, in more ways than one. For unlike some other sectors, in […]

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Engie Bags 235 MW of Wind and Solar Tenders in France

Engie has been awarded a total of 235 MW capacity in the latest tender results announced by the Minister for Ecological and Inclusive Transition in France Last week, the French Minister for Ecological and Inclusive Transition Elisabeth Borne had announced the results of the latest solar and wind tenders in France, contributing to the goals […]

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Scatec Solar Announces Completion of 258 MW Solar Project in South Africa

Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […]

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