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solar project finance

JinkoSolar, CATL to Partner on Solar-Storage Projects

Chinese module manufacturer JinkoSolar has signed a strategic cooperation framework agreement with global energy storage company Contemporary Amperex Technology Co. Ltd. (CATL). Under the agreement, the two parties will establish a long-term, stable and solid strategic joint partnership in areas such as the promotion of carbon neutrality in the industrial chain, global solar-plus-storage business development, […]

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UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue

At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […]

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South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar

South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […]

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Uzbekistan’s First utility Scale Solar Plant of 100 MW Commissioned

Uzbekistan, the central asian republic has inaugurated its first utility-scale solar plant, a 100MW site developed by the UAE’s Masdar. Agreements to build the project had been signed between Masdar and the government of Uzbekistan and JSC National Electric Grid of Uzbekistan (NEGU) in 2019. The agreements covered all aspects of design, finance, build, own […]

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Sri Lanka To Increase Rooftop Solar Investments, Cease Fresh Coal Plants

After announcing its 2030 goals of achieving 70% electricity through renewables, Sri Lanka is now accelerating its investments in rooftop solar and planning to rule out new coal power investments.  Sri Lanka‘s renewable energy sources currently are primarily HydroPower, which accounts for 35% of its electricity from renewables in 2019. The country has total generation […]

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Finance Controller

1. Financial Closing of Books of Accounts and Audit there of:- Compliance of Indian Accounting Standard and GAAP. Timely closure of Accounts as per schedule. Resolution of issues with Statutory Auditors and ensure no adverse remarks in Audit Report etc. 2. Accounts Receivable Management & payable management:- Ensuring no revenue leakage with proper monitoring and […]

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Govt. Confirms Solar Imports Down To $571 million in 2020-21

Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […]

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Terra-Gen Closes Financing for First Phase of Solar Storage Facility in California

Terra-Gen, LLC, an independent renewable energy provider, has completed financing on the initial phase of its Edwards Sanborn Solar Storage facility in California. The Edwards Sanborn solar storage facility is expected to produce clean energy for more than 158,000 homes and displace more than 307,000 tons of CO2 annually.  The storage facility comprises 346 MWac […]

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Repsol-Enagas Renewable H2 Project Gets EC’s Financial Backing

Spanish energy companies Repsol and Enagas have received the European Commission’s financial support to execute their joint renewable hydrogen production project from photoelectrocatalysis in their Puertollano Industrial Complex. An operational pilot plant is already in production at the Repsol Technology Lab research center, located in Móstoles, Spain. The project combines technology, decarbonization and circular economy, creation […]

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