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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […]

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Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant

Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […]

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UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey

The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […]

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German Institution DEG Funds Solar Micro-Grids Development in Nigeria

Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […]

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Brazil’s WNI Smart Energy to Switch on 15 Solar Plants

Brazilian firm WNI Smart Energy, which is the solar arm of Curitiba’s WNI Technology Group, is looking to set in motion 15 new solar plants in Brazil this quarter. The WNI Group provides energy solutions and smart energy by way of photovoltaic systems among other businesses. The WNI Smart Energy arm of the Group offers […]

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Tunisia Comes Up With Solar Power Tenders Of 1 GW

Tunisia is catching up on its renewable energy targets to decarbonise its economy and add to the global efforts for tackling the challenge of climate change. In a fresh development, Tunisia’s Ministry of Energy, Mines and Renewable Energies has launched two new tenders for the development of solar PV projects of cumulative capacity of 1 […]

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Indian Oil Invites Bids for Solar PV Plant of 170 KWp Capacity at Baitalpur Depot

Indian Oil Coporation Ltd (IOCL) has floated a tender for design, supply, installation, testing, commissioning (with net metering) of Solar PV Plant of 170 KWp capacity at Baitalpur Depot under UPSO-I, Lucknow. The tender is valued at INR 87,14,058. The tender document sale date is 09.01.2023, 5 PM. The tender document sale date ends on […]

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Iran Looks to Get International Solar Alliance Membership

Iran has recently sent a Bill to the Parliament, looking to get onboarded as a member to the International Solar Alliance. As per the country’s Sixth Development Plan, it should have augmented its share of renewable power in electricity generation by at least 5 per cent. Currently, the share of renewables in Iran’s electricity generation […]

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Tata Power-DDL Touches Peak Winter Demand of 1646 MW in Delhi

Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully met the record peak power demand of 1646 MW without any network constraint and power outage. This is when the temperatures are touching their lowest levels in North-West India. With the plunge in temperature, the capital is presently colder than several hill stations. […]

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