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solar energy projects

Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables

Rays Power Infra, a solar EPC firm with a commissioned portfolio of 1.30 GWp, has signed an engineering, procurement, and construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions firm focusing on industrial decarbonization. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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80% Of India’s Solar Projects Planned In Only 5 States

The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […]

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First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules

First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […]

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Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’

The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […]

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Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units

The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […]

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Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy

Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […]

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Santander CIB Supports ib vogt Green Energy Vision with EUR 350 Million Financing

International solar developer ib vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a EUR 350 million financing to further accelerate the buildout of projects intended for ib vogt’s long-term asset ownership, the company statement revealed. ib vogt plans to use the fresh capital for financing the construction of projects sourced from its […]

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Head of Section, Project Engineering & Due Diligence (Wind & Solar)

The Head of Section optimizes business operations and improves the long-term performance of the section. You will work closely on commercial opportunities to strategize, strengthen and expand business, including driving the doer/seller culture. You will also coordinate with the team and the subject matter experts and involve actively in managing technical due diligence projects for […]

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