Solar News

PFC Incorporates 5 SPVs for Evacuating Renewable Energy

State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […]

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Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020

The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […]

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AES Selected for 2 Solar Plus Storage Projects in Hawaii

AES  Distributed Energy has been selected by HECO to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. AES  Distributed Energy (AES DE), a division of the AES Corporation, has been selected by the Hawaiian Electric Company (HECO) to develop and operate two new utility-scale solar plus storage facilities on O’ahu, Hawaii. Combined, these two projects are expected to generate a total […]

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EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm

EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […]

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8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects

8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […]

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Risen Energy Reaffirmed as Leading Modules Supplier in India by BTI

Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by Bridge To India (BTI) Risen Energy has announced that it has been reaffirmed as the leading volume supplier of solar PV modules in India in 2019 by consultancy group Bridge To India […]

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Tata Power Takes Over CESU, Begins Power Distribution Work in Odisha

Tata Power has taken over the management of CESU, after receiving LOI from OERC for the distribution and retail supply of electricity in 5 circles of Odisha Tata Power, India’s largest integrated power utility, has announced that it has taken over the management of the Central Electricity Supply Utility of Odisha (CESU), after receiving the […]

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NTPC Looking for CEO to Handle Distribution Business

NTPC Ltd has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray in the near future. The largest electricity generator in the country, NTPC Ltd has announced that it has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray […]

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Punjab CM Amarinder Singh Welcomes PSERC Move to Trim Power Tariff

Punjab Chief Minister Amarinder Singh has hailed the decision taken by the nodal agency Punjab State Electricity Regulatory Commission (PSERC) to slash domestic tariff despite a drop in revenue on the back of coronavirus lockdown. The Minister also hoped that the rates could be further rationalised in the interest of the people. Further, Punjab CM […]

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