SUBSCRIBE NEWS LETTER

solar project finance

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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Key Policy Challenges To a Thriving C&I Market for Solar In India

The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […]

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87% Solar Manufacturers Expect Increased Prices for Consumers: GOGLA

Netherlands-based GOGLA has conducted a survey of 33 solar equipment manufacturers, primarily SHS Kit manufacturers, to understand the impact of disruptions caused by materials shortages and raised shipping costs on the off-grid solar industry. An unprecedented high demand for electric vehicles and consumer electronics (among others caused by COVID-19) has resulted in manufacturers facing chronic […]

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Fourth Partner Energy Takes Over 8.9MW Solar Portfolio from Statkraft India

Fourth Partner Energy has acquired 8.9 MW of solar portfolio from Statkraft India. India’s distributed solar energy firm focusing on building and financing solar projects, Fourth Partner Energy has announced acquiring 8.9 MW of solar energy portfolio of Statkraft India, an Indian branch of a European generator of renewable energy. This marks the first acquisition […]

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RUMSL Shajapur Auction- NTPC, Solar Arise Emerge Winners

The 450 MW RUMSL (Rewa Ultra Mega Solar Limited) solar auction finally culminated with NTPC Renewables (NTPC) and Talettutayi Solar Projects Nine (SolarArise) emerging winners. The solar projects, to be located in the Shajapur Solar Park in Madhya Pradesh had received a strong  bidder response earlier, thanks mainly to the strong reputation of RUMSL, and […]

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Head Of Finance

The person should be an MBA graduate in finance with experience in corporate finance and project finance with a leading Bank / NBFC or should have helped early-stage startups with raising Debt / Equity. Responsibilities:- Setting up the entire workflow of financial operations (payments and collections). Setting up tracking of statutory requirements for the company. […]

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NSW Govt Gives Go-ahead to 400 MW Solar-Battery Plant in Australia

UPC/AC Renewables Australia has announced that the New South Wales government has granted its approval to the development plans for the 400-MW Stubbo Solar Farm and Battery project in the Orana region of the Australian state. UPC\AC Renewables is a joint venture of UPC Renewables Australia Pty Ltd and AC Energy, part of the Ayala Corp […]

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