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solar photovoltaic

Tender Issued for Hydro Plus Floating Solar Hybrid Project in Mumbai

MCGM has tendered for a renewable hybrid energy project of 20 MW hydro power capacity and 80 MW floating solar capacity at the Vaitarna lake. The Municipal Corporation of Greater Mumbai (MCGM) acting through the Municipal Commissioner, has issued a tender for the selection of developers for procurement of a renewable hybrid energy project to […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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TAQA, Masdar-led 2 GW Al Dhafra Solar Project Achieves Financial Close

TAQA and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar project. The Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) […]

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Germany’s Federal Network Agency Awards 664 MW In Wind And Solar Projects

Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. Germany’s latest mixed-technology tender was oversubscribed, awarding close to 400 MW of wind and 264 MW of solar projects. The tender, which was open for submissions by December 1, 2020, targeted 366.9 MW of onshore wind […]

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Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction

The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […]

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Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant

Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […]

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Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital

I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […]

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Perovskite Tech Company Swift Solar Secures $8 Mn in Series Seed 2 Funding 

Swift Solar has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon. Swift Solar, a solar PV technology company working on perovskite technology, has announced that it has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon, for a […]

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US Market On Course For 19 GW Solar Additions in 2020

A report brought out by Wood Mackenzie (Woodmac), a research firm, and the Solar Energy Industries Association (SEIA) in the US states that the country is on course for adding 19 GW of solar during 2020. That would be a creditable achievement, considering the worst of the Covid pandemic still continues to run through the […]

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