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Home2017

Year: 2017

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International News

France adds 500 MW of wind capacity in the third quarter of 2017

December 26, 2017

France has added wind power capacity of 500 MW in the third quarter of this year, taking the total wind capacity installation in 2017 to 1,019 MW. This is approximately 23 per cent higher compared […]

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International News

Vattenfall places offshore wind power order with Siemens Gamesa

December 26, 2017

Vattenfall has signed an offshore wind turbine deal with Siemens Gamesa for the supply and installation of 113 turbines of 8 MW each at three Danish projects having a total capacity of 950 MW. The […]

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International News

Thailand’s Wind Energy Holdings receives $1.14 billion in financing

December 26, 2017

Thailand’s Wind Energy Holdings Co. Ltd has received $1.14 billion from the Siam Commercial Bank for funding five onshore wind farms having a combined capacity of 450 MW. The projects are expected to be completed […]

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International News

Argentina awards 1,408 MW of renewable energy projects

December 26, 2017

The Argentine government has awarded 1,408 MW of renewable energy projects, promising to increase the capacity to 2,000 MW in the coming months. The auction comprises capacities of 665.8 MW from wind power plants, 556.8 […]

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International News

Terra Firma to launch Italy’s biggest solar sale in January

December 26, 2017

Terra Firma, a private equity investor, is planning on selling its Italian solar power assets worth $1.2 billion. The sale of Rete Rinnovabile is expected to start in January and the solar farms that are […]

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International News

Engie plans to stop its gas consumption by 2050

December 26, 2017

French multinational electric utility company ENGIE has announced its plan to switch from gas operations to clean fuel by 2050. The utility plans to use biogas and hydrogen to achieve 100 per cent green operations. […]

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International News

Fortum to buy 35 MW of solar power capacity in Russia

December 26, 2017

Finnish power utility Fortum has acquired 35 MW of combined solar power capacity in Russia from Russian solar module maker and project developer Hevel Solar. While the Pleshanovskaya (10 MW) and Grachevskaya (10 MW) plants […]

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International News

EkoRE signs an MoU to develop 15 MW of solar power capacity in Ukraine

December 26, 2017

Turkish solar, renewable energy project developer Eko Yenilenebilir Enerjiler A.S. and the City Council of Ochakiv, southern Ukraine, have signed an MoU for the development of a 15 MW solar power plant within the city’s […]

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International News

TNB set to build 30 MW solar farm in Malaysia

December 26, 2017

Malaysian power utility Tenaga Nasional Berhad (TNB) has won a contract to build a 30 MW solar plant in Kedah state. The solar farm will be eligible for net metering schemes. The utility won the […]

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International News

Curaçao and Dutch Caribbean issue solar power tenders

December 26, 2017

Curaçao’s power utility company Aqualectra has released a tender for the development of rooftop solar projects on commercial buildings with a combined capacity of 10 MW to 15 MW. The power generated will be delivered […]

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International News

Capital Stage acquires 47 MW of solar in the Netherlands

December 26, 2017

German renewable energy asset operator Capital Stage has acquired 47.6 MW of solar power projects from Sunstroom Engineering B.V. in the Netherlands. This comprises two projects – one in Melissant (10 MW) and the other […]

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International News

ISA becomes an international treaty-based organisation

December 26, 2017

The International Solar Alliance (ISA) became a treaty based inter-governmental international organisation on December 6, 2017. It received four additional ratifications in November 2017 from Australia, Cuba, Malawi and Peru, thus taking the alliance’s overall […]

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Miscellaneous

HDFC Ergo to cover solar energy generation shortfall risk

December 26, 2017

HDFC Ergo General Insurance Company has formulated a new solar energy shortfall insurance policy for insuring bidders against the loss of business in case of generation falling below the projected levels. The policy aims to […]

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Miscellaneous

India and Spain collaborate to promote solar energy

December 26, 2017

The National Solar Energy Federation of India has signed a cooperation agreement with Spanish solar association UNEF to promote solar energy and defend the interests of the segment in both the countries. Under the agreement, […]

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Financings

ReNew Power acquires 103 MW of wind projects

December 26, 2017

ReNew Power has acquired 100 per cent stake in KCT Renewable Energy Private Limited (KCTREPL) from the Karm Chand Thapar [KCT] Group for Rs 10 billion. With this, ReNew Power has the ownership of KCTREPL’s […]

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Financings

CleanMax Solar raises $15 million investment

December 26, 2017

CleanMax Solar has received $15 million investment from the International Finance Corporation (IFC) in the form of compulsorily convertible debentures. The funds will be utilised for the construction of CleanMax’s greenfield solar projects across India. […]

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Financings

PFC issues green bonds worth $400 million

December 26, 2017

The Power Finance Corporation (PFC) issued $400 million of green bonds on the new International Securities Market of the London Stock Exchange on November 29, 2017. The Climate Bonds Initiative-certified green bonds have a tenor […]

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Projects

Enphase Energy opens its R&D centre in Bangalore

December 26, 2017

Enphase Energy has opened its first Indian research and development (R&D) centre in Bengaluru, Karnataka, on December 3, 2017. With the new R&D centre, the company aims to provide employment opportunities for engineering, operations, sales […]

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Projects

Siemens to manufacture solar inverters in India

December 26, 2017

Siemens has launched Sinacon PV, a central inverter with an output of up to 5,000 kVA, which will be manufactured at Siemens’ Kalwa plant near Mumbai for the domestic market as well as for export. […]

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Projects

Tata Power Solar commissions solar carport in Delhi

December 26, 2017

Tata Power Solar has successfully commissioned a rooftop solar carport at the Unity One Mall in Rohini, Delhi, under the net metering mechanism. The carport is expected to reduce 438 tonnes of carbon emissions annually. […]

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