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solar project finance

India and Other Emerging Economies Can Unlock Trillions of Dollars in Climate Finance: IFC Global Report

Estimates indicate that India is on track to exceed its target of reducing greenhouse-gas emissions intensity by up to 35 percent by 2030. Developing countries like India can meet climate targets promised in the landmark Paris Agreement by catalyzing trillions of dollars in private investments through a combination of smart policy reforms and innovative business […]

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UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India

UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […]

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Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt

The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […]

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]

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JinkoSolar Supplies 12.7 MW of PV Modules for a Solar Plant in Ulan Bator

JinkoSolar delivered 12.7 MW of its high efficiency PERC modules and custom built 36-cell and 48-cell dual glass modules for a Solar Plant in Ulan Bator. This shipment marks JinkoSolar’s first to the country. JinkoSolar Holding Co., Ltd., a global leader in the photovoltaic (PV) industry has announced that it supplied 12.7 MW of PV […]

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Foresight Solar Fund Signs Contract for Acquisition with Canadian Solar

Foresight Solar Fund will acquire three construction stage assets in Queensland, Australia, representing 117MW of peak capacity once installed. Foresight Solar Fund Limited has entered into binding contracts with Canadian Solar to acquire three construction stage assets in Queensland, Australia, representing 117MW of peak capacity once installed. The assets are Longreach Solar Farm (17 MW), […]

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New Interpretation of Customs Rule Classify Solar Modules as Electrical Motors and Generators

Due to new interpretation of custom rules, around 1000 containers of solar modules are held up at the Chennai port, affecting almost all the leading developers because customs authorities have suddenly started classifying solar modules as “electrical motors and generators.” A new interpretation of customs rules has jeopardized India’s solar energy projects, with officials demanding […]

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How Solar Won The Dirty Game?

Who would ever expect a country with generations naively leaned towards fossil fuels and struggling to lighten up their houses will be blessed with solar power. Sounding like intercession, today, a livelihood is well upholstered to arrogate a technology-driven life. Apparently, the black smut coal field where nourishment of human-kind was painted black has open-armed […]

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European Investment Bank Signs Partnership Pact with Solar Alliance

This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […]

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