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Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI

SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […]

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Statkraft and Solaria Sign 10-Year 252 MW Solar PPA

Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […]

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Walton, Silicon Ranch Announce 125 MW Solar Projects for Facebook

Walton EMC has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects totaling 125 MW for Facebook’s data center in Georgia. Walton Electric Membership Corporation (EMC), a consumer-owned utility with a reputation for energy innovation, has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects […]

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Grundfos Lauded for Work in Emerging Markets With Solar Pumps

Based on analysis of global emerging markets for solar pumps for economic development, Grundfos has won the 2019 Global Emerging Market Innovation Award Based on its recent analysis of global emerging markets for solar-powered water pumps for economic development, Frost & Sullivan has recognised Grundfos with the 2019 Global Emerging Market Innovation Award. With superior […]

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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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Sharp Decrease in Solar Installations in China After Policy Change

China transitioned from a feed-in tariff system to auctions for solar projects in 2019, and the market responded with a sharp decrease in solar installations In 2019, China transitioned from a feed-in tariff system to auctions for solar projects on a national level. The market responded with a sharp decrease in solar installations after the […]

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Vikram Solar Modules Used for 300 Solar Pumps Across West Bengal and Odisha

Vikram Solar has announced the installation of over 300 solar water pump projects in West Bengal and Odisha using the company’s solar modules. Vikram Solar, one of India’s leading module manufacturers and a prominent EPC and rooftop solar solutions provider, has announced the installation of over 300 solar water pump projects in West Bengal and […]

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Gujarat Commission to Amend Rooftop Solar Net Metering Regulations

GERC while assessing a petition by GUVNL has ordered its staff to begin work on drafting amendments for the Gujarat rooftop solar net metering regulations The Gujarat Electricity Regulatory Commission (GERC) while assessing a petition filed by the Gujarat Urja Vikas Nigam Limited (GUVNL) has ordered its staff to begin work on the drafting process […]

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Solar Frontier Completes Financing for 210 MW California Solar Project

Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210 MW Mustang Two solar project in Kings County, California. Solar Frontier Americas (SFA), the US-based renewable energy business of Idemitsu Kosan, has announced that it has closed on the tax equity commitment and debt financing for its 210 MW Mustang […]

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