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Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project

Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […]

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Wind & Solar With Storage to Ease Energy Transition in Australia

Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […]

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Acciona Acquires 4 GW Solar Plus Storage Projects in the US

Acciona will acquire a portfolio of solar projects worth 3,000 MW and an additional 1.000 MW in battery storage from Tenaska in the US Spanish infrastructure and renewable energy conglomerate, Acciona has announced that it has signed an agreement with the US-based company Tenaska to acquire a portfolio of solar PV projects in seven states […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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Sterlite Power Raises Funds from Brazilian Market via Debentures

This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […]

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Industrial and Commercial Photovoltaic Power Stations Enter the Grid-Parity Era

According to the BNEF analysis report, the current installed capacity of China’s industrial and commercial rooftop PV market has exceeded 200 GW. As urbanization continues to advance, this number is likely to reach 300 GW by 2040. ‘IV scan + high-end configuration’ helps Industrial and Commercial Photovoltaic power stations enter the grid-parity era: With the […]

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Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target?

India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […]

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Hanergy Looking to Establish Itself in the Solar Car Market

Hanergy Glory Solar Technology has announced that it plans to raise USD 25 million for 10-20 percent of its company share to fund its solar car program Hanergy Glory Solar Technology, an EV startup has announced that it plans to raise USD 25 million for 10-20 percent of its company share to fund its solar […]

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