SUBSCRIBE NEWS LETTER

solar project finance

Origis Energy Secures $375 Million Credit for Solar, Storage Projects

Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […]

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The Top 5: Upcoming Floating Solar Power Projects in India

From the founding member of International Solar Alliance in 2015 to installing over 50 GW of solar power capacity, India has come a long way in harnessing this renewable form of energy. With some of the biggest upcoming floating solar power projects, India further looks forward to add to its already surging solar capacity. The […]

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Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India

Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […]

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80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB

The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […]

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Azure Power to Develop 1700 MW renewable energy projects in Karnataka

Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […]

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World’s Largest Green Hydrogen Project to Get $500m from US Govt

The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […]

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Solar project commissioned by Nestle, Yellow Door in Dubai

Nestlé Pure Life and Yellow Door Energy have commissioned a solar power plant at Nestle’s facility in Dubai, United Arab Emirates (UAE). The project is designed to generate 2,400 megawatt-hours (MWh) of renewable energy. It is possibly part of the 7 MW capacity solar project announced by Nestle in 2017 at its manufacturing facilities in […]

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NeuConnect Undersea Project to Link Energy Markets of Germany and UK

The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […]

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