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solar project finance

ACWA Power, EBRD sign pact for Renewable Energy Infra Projects

Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […]

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Arevon Energy Secures 2 GW Supply of American Solar Modules

To support its expanding portfolio of renewable energy sources, a US based renewable energy leader Arevon Energy has enterted into a contract with First Solar for supply of sophisticated Series 7 thin film photovoltaic (PV) solar modules totaling more than 2 GW DC. A little more than 700 MW DC of the total volume secured […]

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Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects

Renewable energy major Masdar had opened a new dedicated office in the Saudi Arabia to strengthen its support for the Kingdom’s clean energy objectives. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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World’s Largest Single Phase Energy Storage Project is Now Operational

Solar power conglomerate Canadian Solar subsidiaries Recurrent Energy and CSI Energy Storage, along with Axium Infrastructure, have announced that the Crimson Storage, a 350 MW / 1400 MWh standalone energy storage project, is now in operation and providing flexible capacity to the California grid. Axium Infrastructure acquires, develops, finances, operates, and manages infrastructure assets. According […]

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Redington Launches Solar Rooftop Partner Program

Leading IT distributor Redington has launched the ‘Solar Rooftop Partner Program’ to encourage the adoption of solar power by homes and businesses. The program will be facilitated through the Redington digital platform, which will seamlessly connect the processes and industry stakeholders – home and business owners, solar installers, service management, financial institutions, remote monitoring of […]

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First Integrated Solar Charging Station Installed by CESL in Ladakh

The Ladakh region now has an electric vehicle charging station (Solar Charging Station) established by the government-owned company Convergence Energy Services Ltd (CESL). CESL, a wholly owned subsidiary of Energy Efficiency Services Ltd (EESL) under the Ministry of Power, has established a first-of-its-kind solar-powered charging plaza for electric vehicles in the Ladakh region. The integrated […]

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5 Reasons Why Rooftop Solar Is Set To Boom in India

India missed the solar target of 2022 and rooftop solar is of the biggest reason for that. But there is reason to be optimistic about the future . We list down 5 reasons why reasons why rooftop  solar is going to boom in India. At the UN Climate Change Conference (COP26) in Glasgow in 2021, […]

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Mizoram Looks Towards Centre to Fund Solar Water Pumps

An official statement from the State Government of Mizoram has revealed that the State has asked for funding from the Central Government for solar water pumps. The pumps are to assist the farmers of the State and help provide water for farm irrigation. The statement held that last week, the Agriculture Minister C Lalrinsanga had […]

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