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Upward trend in imported PV module prices to affect recent solar projects: ICRA

The imported photovoltaic (PV) module price has been rising over the last 3-4 months, up by about 15 per cent, to 35-37 cents per watt in August, from about 30-32 cents in May The upward trend in imported photovoltaic module prices is likely to affect viability of recently awarded solar projects, rating agency ICRA said […]

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D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar

The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […]

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Empower Energies Announces Completion of 14.5MW Solar Project for CYRQ Energy in Utah

Empower advised CYRQ on the development and design of the Patua solar project, including the selection of the solar equipment, which included approximately 45,360 photovoltaic (PV) solar panels, and the EPC for the construction and commissioning of the project Empower Energies has announced the completion of the Patua solar power project, a 14.5MW DC solar […]

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Alterra Power announces closing of $19.9 million construction loan facility for 11 MW Spartan solar project

Alterra expects the Spartan project  to achieve commercial operations in December 2017 Alterra Power Corp. has announced the closing of a $19.9 million construction loan facility for the Spartan solar project, an 11 MW solar project located on the Michigan State University campus in East Lansing, Michigan. The loan facility is supplied by 1st Source […]

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Sempra Renewables Acquires 200 MWac/ 281 MWp Solar Project from Recurrent Energy

The Tranquillity facility was completed by Recurrent Energy in late 2016 and is majority-owned by a subsidiary of Southern Power. Recurrent Energy, a wholly owned subsidiary of Canadian Solar has announced that Sempra Renewables LLC has acquired its 200 MWac/281 MWp Great Valley Solar project, previously called Tranquillity 8. “We are pleased to work with […]

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National Solar Energy Federation Seeks More Time for Solar Projects in UP

The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […]

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World Bank Loan for Solar Projects

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […]

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SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France

The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […]

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