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JinkoSolar Japan signs a JPY4.1 billion syndicated loan agreement with Japanese bank led bySMBC

“This loan agreement demonstrates the trust and recognition of a respected financial institution in JinkoSolar’s brand, business scale, operations and financial position. We look forward to working closely with SMBC and other local banks to further expand our business in Japan” JinkoSolar has announced that it has signed a JPY4.1 billion syndicated loan agreement up […]

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Sterling and Wilson Scales New Heights; Gets Awarded the World’s Largest Solar Power Plant

The solar power plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). Sterling and Wilson, one of the dominant global forces in the solar power space, has bagged Turnkey Engineering Procurement and Construction […]

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Solar Industry Expects Loss of 88,000 Jobs in U.S. Next Year if Suniva gets trade protections: SEIA

Despite Suniva’s claims that its move is meant to protect domestic manufacturing, SEIA found that U.S. solar manufacturing jobs will actually decline if the petition is granted. The Solar Energy Industries Association (SEIA) recently said that an estimated 88,000 jobs, about one-third of the current American solar workforce, would be lost if Suniva gets trade […]

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Gujarat Urja Vikas Nigam Ltd (GUVNL) floats tender for 500 MW grid connected Solar Power project

Gujarat Urja Vikas Nigam Ltd (GUVNL) has decided to buy 500 MW of solar power through competitive bidding, which will be followed by an e-auction for the lowest price. Gujarat Urja Vikas Nigam Ltd via RfS no GUVNL/Competitive/500MW/Solar dated 15.06.2017 has floated tender for procurement of 500 MW power from Solar Power Projects through Competitive […]

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Coal India to set up 1000 MW Solar Power Plant: Piyush Goyal

Coal India Ltd (CIL) will set up 1,000 Megawatt (Mw) solar power plant in a bid to reduce its carbon footprint. The Minister for Coal, Mines and Renewable Energy, Piyush Goyal recently announced that India for the first time became an energy exporter in the year 2016-17. He also said that Coal India Ltd (CIL) […]

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Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh

The 100 MW solar power project was auctioned by NTPC and has been set up at Kurnool Ultra Mega Solar Park. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. The project was auctioned by NTPC, which has a […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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