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Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment

Officials present in one of the sessions on the first day of ‘Invest Madhya Pradesh-Global Investors Summit’ that is being held in Indore, said that the development work on three floating solar power plants on water reservoirs in the state of Madhya Pradesh is about to commence. The investment into the three floating solar power […]

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EDF Renewables, Luminous Energy to Build 800 MW Solar Project in UK

EDF Renewables and Luminous Energy have announced their plans for the development of a solar power farm coupled with battery based energy storage infrastructure in the east Midlands region of the United Kingdom. The two companies will also undertake a public consultation process before the execution. EDF Renewables is a wholly-owned subsidiary of French utility […]

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US based Enfinity Global Acquires 400 MW of Operating Solar Projects

US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […]

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […]

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Spain’s Iberdrola Has Brazil For Its First Floating Solar Project

The first floating solar power facility of global energy conglomerate Iberdrola will be coming up in Brazil soon. Iberdrola group has announced its plans to install the its first floating photovoltaic plant in the world in Brazil, through its subsidiary Neoenergia. The official statement held that the floating solar project will be built on the […]

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African Development Bank to Fund 100 MW Tunisian Solar Project

The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […]

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Nepal Invites Tenders for 100 MW Solar Projects

Nepal Electricity Authority (NEA), the state-owned power utility, has invited bids for the selection of independent power producers (IPPs) for the development of 100 MW of grid-connected solar PV capacity. These projects will come up at 16 designated sites in the Himalayan country. According to the notification, the last day for the players to submit […]

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Supernap Launches Thailand’s First Solar Project to Power Data Center

Thailand-based data center, Supernap has launched its first solar project to power its data center, to further establish its position as an environment friendly colocation provider in Thailand. To keep up with the ongoing production of data and to fulfill the green objectives of global environmental preservation, data centers must prioritise lowering environmental effects by […]

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