
Month: February 2018



Platform for Growth: IRENA’s medium-term strategy for global renewables
Renewable energy is paving the way for a sustainable world order, with nearly all countries from Asia to the Americas looking to transition to an energy system based on renewables. The International Renewable Energy Agency […]

Jordan’s Baynouna solar project receives $188 million in funds
The 200 MW Baynouna solar project in Jordan, developed by Abu Dhabi-based renewable energy company Masdar, has received financial assistance of $188 million. Of this, the International Finance Corporation (IFC) will provide a $54 million […]

Petroleum Development Oman releases 100 MW solar tender
Oil and gas production company Petroleum Development Oman (PDO) has tendered 100 MW of solar capacity for development in Amin. The project will be built on a build-own-operate-transfer basis, and will be structured in line […]

Abu Dhabi fund for Development to provide loans for solar projects in Mauritius and Rwanda
The Abu Dhabi Fund for Development (ADFD) will provide a concessional loan worth $25 million for the development of two solar photovoltaic (PV) projects in Mauritius and Rwanda. Both the projects will be financed through […]

MIGA to provide $102.6 million fund for six solar projects in Egypt
The Multilateral Investment Guarantee Agency, a World Bank Group member, will provide up to $102.6 million in funds for the construction, and operations and maintenance of solar power projects totalling 250 MW in Egypt. The […]

Enel partners with Israeli start-ups for energy-innovation
Italy-based energy firm Enel SpA is planning to collaborate with Israel-based start-ups for developing new technologies to reduce generation costs of traditional and renewable energy. To this end, Enel has partnered with Shikun & Binui, […]

Argentine producer Genneia considers filing an IPO
Genneia SA, an Argentina-based thermal and renewable energy producer, is considering an initial public offering on either the Argentine or international stock market. The company will discuss this proposal with its shareholders before coming to […]

European Parliament votes for a 35 per cent renewable energy target
The members of the European Parliament have agreed on a proposal by the European Energy Council and the European Commission to increase the renewable energy target to 35 per cent from the current 27 per […]

Total completes 8 MW capacity solar plant at its biorefinery in France
Total, a French oil group, has announced the completion of a 8 MW solar plant at its biorefinery Plateforme Total de La Mède, located in France’s Provence-Alpes-Côte d’Azur. The company has used 17,000 modules from […]

Saudi Arabia to tender solar and wind power projects
Saudi Arabia will tender 3.25 GW of grid-connected solar PV and 800 MW of wind power capacity. The move is in line with the National Renewable Energy Program, a strategic initiative under the country’s Vision […]

Sri Lanka tenders 90 MW of solar capacity
Sri Lanka’s Ceylon Electricity Board (CEB) has released a global tender for installing 90 MW of grid-connected solar power projects that will be developed across the country under Phase II of the Sooryabala Sangramaya Program. […]

Sri Lanka and China to jointly develop a biomass-based dendro power plant.
Sri Lanka and China have signed a joint venture (JV) agreement to construct the largest dendro power plant in the southern part of Sri Lanka. The JV has been signed among Beijing Full Dimension Power […]

Off Grid Electric raises $55 million for African ventures
African rooftop solar provider Off Grid Electric and EDF Energy are expanding their partnership in Africa. The expansion is being done with the $55 million fund received by Off Grid Electric for developing off-grid home […]

U.S announces ruling on anti-dumping tariffs on imported solar cells and modules
The US has imposed a 30 per cent anti-dumping tariff on imported solar cells and modules for the first year, ending the uncertainty in the solar market which had led to a tight supply situation […]

Sindicatum Renewable Energy raises Rs 2.5 billion in green bonds
Singapore-based Sindicatum Renewable Energy has raised about Rs 2.5 billion through the sale of rupee-denominated international green bonds that were issued in two tranches. The green bonds have a maturity period of five and seven […]

Scatec solar plans power plants in south-east Asia
Scatec Solar, a Norway-based company, has announced plans to build solar power plants in Vietnam, Bangladesh and Myanmar. Reportedly, the company is negotiating a 50 MW project in Vietnam. In addition, Scatec is awaiting approval […]

Spain-based TSK secures contract for 50 MW solar capacity in Bolivia
TSK Ingeniería y Electricidad S.A., a Spanish engineering services provider, has won the contract for the construction of the 50 MW Oruro solar plant, in western Bolivia. As per the Bolivian government, the project will […]

Canadian Solar expands operations in Japan and Australia
Canadian Solar, a Chinese vertically integrated solar company, has finalised deals in Japan and Australia as a part of its expansion plans. In Japan, the company has purchased two solar plants for $9.1 million, of […]