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Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects

The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […]

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Canadian Solar Wins Project Bond of the Year Award by Environmental Finance

The world’s first dual-tenor bond served as the financing vehicle for Canadian Solar’s 19MW Gunma Aramaki Solar Power Plant when it was issued in April 2017. Canadian Solar has announced that it has won Environmental Finance’s Project Bond of the Year award for its innovative dual-tenor green project bond issuance in Japan. Environmental Finance, an […]

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LG Technology Powers Utility-Scale Solar+Storage Projects in North Carolina

LG Electronics’ involvement in these projects underscores the company’s commitment to providing innovative, market-leading solutions to its partners and customers. LG Electronics joined Cypress Creek Renewables, to celebrate the official opening of solar-plus-storage installation in the continental United States – an 8.5 megawatt portfolio of utility-scale solar projects, with storage capacity of 12 megawatt hours, […]

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Canadian Solar Acquires 97.6 MWp Solar Power Project in Argentina

This project is an important addition to our global late-stage project pipeline, and it represents a milestone of our project development in Argentina, where we see great potential for the growth of solar energy. Canadian Solar has announced the acquisition of a 97.6 MWp solar photovoltaic (PV) project in Cafayate, Salta Province, Argentina. The Cafayate […]

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Saudi Arabia, Softbank to Create World’s Largest Solar Power Project

The projects are expected to create an estimated 100,000 jobs in Saudi Arabia and boost Saudi Arabia’s GDP by an estimated $40 billion annually. Saudi Crown Prince Mohammed bin Salman signed a Memorandum of Understanding with SoftBank CEO Masayoshi Son to create the world’s largest solar power generation company in Saudi Arabia. At a press […]

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Azure Power Wins 130 MW Solar Power Projects

Azure Power will supply power to the electricity supply companies of Karnataka (ESCOMs) for 25 years at a tariff of INR 2.93 per kWh. This brings our portfolio in Karnataka to about 250MW, which is one of the largest portfolios in the state. Azure Power has won a cumulative capacity of 130 MW at a […]

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