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solar project finance

B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers 

With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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Skanska Bags Contract to Build Solar-Powered Care Home in Norway

Skanska, leading project development and construction group, has won about USD 35.52 million (or NOK 370 million) contract from the Municipality of Bergen in Norway to build solar-powered Åsane care home in the city. The company is among the leading developers in the Nordics, with operations in building construction and civil engineering in Sweden, Norway […]

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Vivint Solar Adds $50 Mn Capacity to Tax Equity Commitments

Vivint Solar has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. Vivint Solar, a leading full-service residential solar provider in the United States, has announced it has secured additional tax equity commitments of USD 50 million from a repeat tax equity investor. This commitment will support further investments in leases […]

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Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF

According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […]

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MNRE Extends Off-Grid & Decentralised Solar PV Applications Programme Phase-III

In a next spell of extensions, the Ministry of New and Renewable Energy (MNRE) has extended the third phase of off-grid and decentralized solar photovoltaic (PV) applications programme till FY20-21. The Ministry further instructed that “the implementation agencies will continue to implement the scheme as per the approved guidelines dated 07-08-2018 and amendments thereof.” However, […]

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Lightsource BP Finalises Contract With SEPTA for 43.8 MW Solar

SEPTA and Lightsource BP have signed a long-term power contract for two solar farms totaling 43.8 MW (dc) in Franklin County, Pennsylvania. The Southeastern Pennsylvania Transportation Authority (SEPTA), among the largest transit agencies in the United States serving the Greater Philadelphia region, and Lightsource BP, a global leader in the development, financing and management of […]

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sPower Closes on $350 Mn Commitment for 620 MW Solar Project

sPower has closed on a USD 350 million tax equity commitment for the 620 MW dc Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company has closed on a USD 350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania […]

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Lightsource BP Secures 20-Year PPA for 132 MW Solar Project

The Conway Corp Board of Directors approved a 20-year PPA with Lightsource BP for the development of a 132 MWdc solar energy project in White County, Ark. The Conway Corp Board of Directors approved a 20-year purchase power agreement (PPA) with Lightsource BP, a global solar leader, at its April 3, 2020 meeting. The agreement […]

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