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solar project finance

Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […]

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More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC

GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […]

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Tender For Procurement of 100 Electric Buses Issued in Goa

The last date for bid submission is April 12, 2019 NTPC Vidyut Vyapar Nigam (NVVN) has invited bids from eligible bidders for procuring 100 electric buses to operate in the state of Goa. The brief scope of work for the selected bidder/supplier will include the operation of 100 electric busses including their day-to-day maintenance. As […]

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AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo

The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […]

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Suzlon Energy Completes Agreement to Sell 2 Subsidiaries to CLP Wind Farms

Suzlon Energy has announced that it has completed the sale of two its subsidiaries (i) SE Solar and (ii) Gale Solar farms to CLP Wind Farms for a total consideration of Rs 99.09 crore.  “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind Farms (India) Private Ltd (CLP) with SE […]

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SNEC 2019 PV Power & Energy Storage and Hydrogen Expos to be Held in June

SNEC 13th (2019) PV Power Expo & Conference and the 2019 International Energy Storage and Hydrogen & Fuel Cell Exhibition and Conference (Energy Storage and Hydrogen Expo and Conference) will be held on June 3-6, 2019, in Shanghai, China. The two events were announced at the inaugural Solar Power Mexico (SPM). The event was organised […]

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The Sunshine Sector’s Gender Challenge

Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […]

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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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Japan’s Eurus Energy Acquires Share in Winlab Africa

Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […]

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