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Azure Power Awarded Most Sustainable Company in Solar Industry

Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […]

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EDF-Jinko Consortium Awarded World’s Largest Solar Project in Abu Dhabi

The consortium of EDF Renewables and Jinko Power has been awarded the Al Dhafra solar project in Abu Dhabi, the world’s largest solar project when complete. The bidder consortium, formed by French EDF Group subsidiary, EDF Renewables and Chinese Jinko Power, both global leaders in renewable energy, has been awarded the Al Dhafra solar project […]

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sPower Secures $700 Mn in Financing for 620 MW Solar Project

sPower has closed on USD 700+ million construction/term loan financing for the 620 MW dc Spotsylvania Solar Energy Center in Virginia sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company closed on USD 700+ million construction/term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. At 620 MW […]

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Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu

Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […]

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TN Gets Fresh Influx of Investments in Areas Including Solar Manufacturing

Tamil Nadu has signed eight new MoUs that bring with them investments worth Rs 10,399 crore in areas including solar cells and modules manufacturing. The state government of Tamil Nadu, on July 20, 2020, has announced the signing of eight new Memorandum of Understandings (MoU) that bring with them investments worth Rs 10,399 crore in […]

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CIT Leads Financing for 108 MW Solar Project in North Carolina

The CIT Group’s Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MW Trent River Solar project in North Carolina. The CIT Group has announced that its Power and Energy unit served as lead arranger on a USD 126 million financing for the 108 MWdc Trent River solar project […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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Bank of America and Duke Energy Agree PPA for 25 MW Solar Power

Bank of America is partnering with Duke Energy to further expand its renewable energy commitment by powering its Charlotte operations with solar energy. Bank of America has announced today that it is partnering with Duke Energy to further expand its renewable energy commitment by powering its headquarters and other Charlotte operations with solar energy. Through a renewable energy […]

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