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solar power

Punjab Invites Bids for 10 MW Cumulative Grid-Connected Rooftop Solar PV Systems

Punjab Energy Development Agency has issued a tender for the implementation of a tentative 10 MW cumulative grid-connected rooftop solar PV systems under RESCO mode at various locations in the state of Punjab. The tender fee is Rs 5,000. The processing fee is Rs 2,360. The EMD amount is Rs 20,00,000 (two lacs per MW […]

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Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy

South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […]

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Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative?

Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […]

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USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project

USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […]

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Global Solar Developer Lightsource BP Marks Entry into German Market

Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […]

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Emerson to Automate New Zealand’s First Large-Scale Solar Project

Technology and software conglomerate Emerson will provide advanced automation solutions to help ensure the safety and reliability of New Zealand’s first large-scale solar PV power project. Emerson said that its renewable power generation expertise will help solar energy company Lodestone Energy quickly and safely complete its two 23 MW sites at Kaitaia and Edgecumbe. The […]

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Rajasthan State Mines & Minerals Issues Tender for O&M of 4.9 MW Wind Power Project

Public sector enterprise Rajasthan State Mines and Minerals Limited (RSMML) has issued a tender for comprehensive operation and maintenance (O&M) of the 4.9 MW wind power project at Village Barabagh, District Jaisalmer in the state of Rajasthan. This is for Phase I of the project. The bid submission end date is 10.04.2023. Bids open on […]

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Navisun Secures $235 Million to Fuel Solar Projects’ Growth

Manhattan-based solar energy player Navisun LLC has announced that it has secured up to $235 million in debt financing through two facilities. Navisun is a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar and storage projects. Navisun said that the financing will support its growth strategy, allowing it […]

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