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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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MNRE Slashes Benchmark Costs for Rooftop Solar Installations

MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […]

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LG Chem Unveils Full Home Backup Solution With SolarEdge

LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […]

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MNRE Guidelines For Off-grid Solar Power Plants in RESCO Mode

The Ministry for New and Renewable Energy (MNRE) has finally issued the guidelines for the implementation of off-grid solar power packs/ plants installed in RESCO mode and through model PPA. The newly issued guidelines follow the ministry’s order in April last year that extended Off-grid and Decentralized Solar PV Applications Programme –Phase III till March 31, […]

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Enel Begins Work on its 1st Solar + Storage Project in North America

Enel Green Power has announced that it has started construction of the Lily solar + storage project, its first hybrid project in North America Enel Green Power has announced that it has started construction of the Lily solar + storage project, its first hybrid project in North America that integrates a renewable energy plant with […]

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Ayala’s AC Energy to Build 100 MW Solar Plant in India

Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant in Rajasthan, India. Ayala Corporation’s subsidiary AC Energy is making its first major investment in India by developing the 100 MW ac Sitara solar plant through its joint venture with UPC Renewables China […]

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Risen Energy Signs EPC Contract for 250 MW Solar Project in Vietnam

Risen Energy will provide EPC services for Xinghai Group’s 4/5 solar project (totaling 250 MW) in Vietnam, and is expected to complete shipment in December. Risen Energy has announced that the company will provide EPC services for Xinghai Group’s 4/5 solar project (totaling 250 MW) in Loc Ninh, Vietnam, and is expected to complete shipment […]

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Solar Installations in Q1 2020 Slowed Down in India, China and US: Report

According to a new report, Q1 of 2020 has been a particularly lousy installation period for solar panels with just 15.8 GW getting installed. According to a new report, quarter 1 (Q1) of 2020 has been a particularly lousy installation period for solar panels with only one quarter in the past 9, being lower with […]

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IFC, EBRD, and EU to Support First Solar Project in Armenia

IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […]

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