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solar project finance

12 States Now Host India’s 50 Solar Parks

Recent data from Lok Sabha shared by the Union Minister of New and Renewable Minister RK Singh indicated that solar parks have made its entry to 12 Indian states. At the same time, it is still a non-starter in many other states.  A written reply by the minister said that these 12 states now host […]

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CleanMax Inaugurates 400 MW Wind Solar Hybrid Project in Gujarat

CleanMax Enviro Energy Solutions, a C&I renewable energy firm has inaugurated a 400 MW wind-solar hybrid project in Babra, Gujarat. The firm says that this is the first project to have the latest 3.3 MW Envision turbines. The said project was completed within 16 months of inception, and it was ensured that only unutilized commercial […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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West Bengal Issues Tender for 900 MW Pumped Storage Project

The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […]

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France’s Neoen Augments Queensland Battery Project to 270 MW/540 MWh

France’s Independent Power Producer firm which develops, finances, builds and operates solar power plants, wind farms and energy storage solutions, Neoen will be augmenting the the size of its Western Downs Battery project located in Queensland. The expansion is to keep step with the growing demand for storage in the Australian state. Formerly, the battery […]

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ISA announces Twenty Winners of SolarX Startup Challenge

At a side-event of the G20 Energy Transitions Working Group meeting in Goa, the International Solar Alliance (ISA), announced the 20 winners of its SolarX Startup Challenge. 20 companies from 10 African countries were declared winners, who will work to increase solar deployment in the Africa Region. Out of the 20 winning companies, seven are […]

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Cleantech Solar Commissions 3 MW Rooftop Solar in Malaysia

Cleantech Solar has revealed that it has commissioned a 3.4 MWp rooftop solar PV system. The project was undertaken for the manufacturing unit of Japanese firm Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, Malaysia. The PPA signed between the two firms will pave the path for Cleantech Solar to supply turnkey finance, design, […]

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