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US solar real estate invt fund closes on $100 mn solar lease securitization

SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […]

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Smart Power India, Adani Solar In tie-up to promote Solar in Rural India

In a bid to ensure equitable access to last-mile electricity and encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha states, Smart Power India (SPI), the Indian subsidiary of Rockefeller Foundation has signed a non-financial and non-commercial memorandum of understanding with Adani Solar. The MoU aims to promote the usage […]

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Eolus to Buy 16 Wind Turbines from Siemens Gamesa for Sweden Projects

Eolus, the leading wind power developer in the Nordic region, has signed an agreement with Siemens Gamesa, according to which the latter will deliver 16 wind turbines for upcoming wind projects in Skallberget-Utterberget and Tjarnas, Sweden. The first project, which is based in the Avesta Municipality in Skallberget-Utterberget, will be supplied with twelve SG 6.6-170 […]

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CEO – Solar C& I

CEO – Solar C&I will report to the Managing Director and will be responsible for Fund raising, Strategy, Business development, operations of the vertical. Establishing the vertical of solar power project development, in the company, (roof top & ground mounted) wherein he will be responsible to look after business development, project conceptualization, project initiation, liaison […]

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Tirupati Temple, NTPC to sign MoU for solar projects

The world renowned Tirumala Tirupati Devasthanams (TTD) or ‘Tirupati Temple’ situated in Andhra Pradesh will sign a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam Limited (NVVN) to commission solar photovoltaic power projects. These projects are going to come up at Tirumala and Tirupati. The temple administration will purchase solar energy generated from these […]

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Saudi Researchers harvest water near solar panels to improve efficiency

Researchers at the King Abdullah University of Science and Technology in Saudi Arabia have come up with a novel technology where a solar panel is fitted with an additional system which can harvest water without consuming power from the panels. In the three months long trials, the system used day and night temperature differences and […]

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Loss of control over Enercon Wind turbines due to satellite outage highlights cyber risks

A ‘massive disruption’ in satellite connections has affected operations of more than 5,800 wind turbines in central Europe, said Enercon, Germany’s leading wind turbine manufacturer. Enercon informed that on Thursday, the satellite connections stopped working that knocked out the remote monitoring and control systems of the wind turbines. The disruptions impacted 11 gigawatt (GW) worth […]

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