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International News

Voltalia to construct its first 4 MW capacity in Brazil

February 20, 2017

French renewable energy company Voltalia has begun the construction works of its first solar PV plant with 4 MW capacity in Amapa, Brazil. The plant’s transmission line is owned by Voltalia and the power will […]

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International News

NV Energy announces solar agreement with Apple

February 20, 2017

US-based technology company Apple has signed an agreement with Nevada-based utility NV Energy to build 200 MW of solar capacity in Nevada by 2019. The projects under the agreement will support Apple’s renewable energy needs […]

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International News

Prime Road Group and First Solar complete 18 MW of solar farms in Thailand

February 20, 2017

Thailand-based Prime Road Group and US-based thin-film solar PV panel manufacturer First Solar have completed four solar farms totalling 18 MW (DC) of capacity in Thailand’s Ayutthaya and Pathum Thani provinces. The project consists of more than 158,500 […]

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International News

IFC arranges $140 million in financing to boost clean energy supplies in Armenia

February 20, 2017

The International Finance Corporation (IFC), a member of the World Bank Group, has arranged a $140 million financing package for the Vorotan hydropower plant, one of Armenia’s main power generating facilities, to bolster the country’s […]

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International News

First Solar awarded 140 MW PV module supply contract for Sun Metals solar power project in Australia

February 20, 2017

First Solar has received a contract to supply modules for the 140 MW (DC) Sun Metals solar farm in North Queensland, Australia. Once constructed, it will be the country’s largest solar project and will utilise more than […]

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International News

ADB approves $325 million for Pakistan’s Energy security

February 20, 2017

The Asian Development Bank (ADB) has approved a $325 million loan to help enhance Pakistan’s energy security. It will provide support to install renewable energy projects and improve people’s access to electricity in the Khyber […]

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International News

Canadian Solar completes sale of 3 utility-scale solar plants to fengate real asset investments 

February 20, 2017

Canada-based solar PV module manufacturer Canadian Solar has completed the sale of outstanding shares of three utility-scale solar farm holding companies, SSM 1 Solar ULC, SSM 2 Solar ULC, and SSM 3 Solar ULC, totalling […]

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International News

Sky Solar Holdings announces agreements to sell 23 MW of solar projects in Greece

February 20, 2017

Hong Kong-based Sky Solar Holdings Limited has entered into share purchase agreements with A.W. Aktina Wind Limited, based on which the latter shall purchase equity in 23 MW of solar projects, owned by Sky Solar’s wholly owned […]

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International News

Equis expands into Australia with two large scale solar projects

February 20, 2017

Singapore-based renewable energy developer and investor Equis Energy has approved the development, construction and operation of two solar projects located in Tailem Bend, South Australia, and Collinsville, Queensland, Australia, with a total generation capacity of […]

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International News

Yingli Green Energy Holding to supply multicrystalline solar panels in Australia

February 20, 2017

China-based solar panel manufacturer Yingli Green Energy Holding Company Limited has announced that Yingli Green Energy Australia Proprietary Limited, its wholly owned subsidiary, has entered into an agreement to supply 13.3 MW of multicrystalline solar panels […]

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Miscellaneous

Schneider Electric powers 2 GW of solar capacity, eyes additional 0.5 GW by March

February 1, 2017

Schneider Electric India has announced that it has powered more than 2 GW of solar capacity in India through its inverters, transformers and other medium voltage equipment. The company claims that of the country’s cumulative […]

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Miscellaneous

Solar module manufacturing capacity still lags demand

February 1, 2017

As per the latest data by the MNRE, the total installed solar module manufacturing capacity has increased from 5,848 MW in June 2016 to 8,113 MW in December 2016. The number of companies engaged in […]

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Miscellaneous

India, Norway discusses innovative projects in renewable energy

February 1, 2017

The Indian and Norwegian governments have entered into a partnership with the aim of encouraging innovation in the field of renewable energy. As per the agreement, the Research Council of Norway and Department of Science […]

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Miscellaneous

Solar tariffs to rise by 10 per cent if tax exemptions curtailed in GST

February 1, 2017

Astudy released by the Council on Energy, Environment and Water (CEEW) states that solar tariffs would rise by 10 per cent if the current tax exemptions given to the solar sector were curtailed with the […]

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Financings

India receives FDI worth $1.7 billion in renewable energy in over two years

February 1, 2017

According to the data shared by the Department of Industrial Policy and Promotion, India witnessed a total of $1.77 billion foreign direct investment (FDI) equity flow in the non-conventional energy sector between April 2014 and […]

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Financings

IDFC Alternatives looks to exit Mytrah Energy

February 1, 2017

IDFC Alternatives, the asset management arm of IDFC Limited, is looking to exit its investment in Hyderabad-based renewable energy firm Mytrah Energy India, ahead of the company’s IPO. Mytrah is learnt to have started preparations […]

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Financings

Suzlon Energy set to sell stake in 130 MW of solar projects

February 1, 2017

Suzlon Energy is learnt to be in advanced talks to sell stake in 130 MW of solar projects to raise Rs 1.1 billion by end-March 2017. The company had earlier divested 49 per cent stake […]

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Financings

IL&FS may merge wind energy biz with PE-backed Orient Green Power

February 1, 2017

Orient Green Power Company Limited (OGPL) is reportedly in discussions with IL&FS Wind Energy for a potential merger of the wind energy generation businesses of both entities. The merged entity will have 1.2 GW of […]

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Financings

IFC to invest Rs 1 billion in CleanMax

February 1, 2017

The International Finance Corporation (IFC), which is the private sector investment arm of the World Bank, is looking to invest about Rs 1 billion in renewable energy company CleanMax Enviro Energy Solutions. The latter will […]

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Financings

JERA acquires 10 per cent in RenNew Power

February 1, 2017

Japan-based power company JERA, a JV between Tokyo Electric Power and Chubu Electric Power, has acquired a 10 per cent stake in ReNew Power Ventures for $200 million. With this latest round of investment, the […]

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