Solar Power Projects

MSEDCL Issues Tender for 615 MW Solar Power Projects

Maharashtra State Electricity Distribution Company (MSEDCL) has issued a tender for developing solar projects of 615 MW capacity. The 615 MW cumulative capacity entails 100 MW in Aurangabad-II, 76 MW and 105 MW in Aurangabad-III, 143 MW in Pune , and 191 MW in the Konkan region. The projects will be established in government-owned lands […]

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NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects

NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […]

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Sunpure Robots to Clean Sprng Energy Solar Projects in India

Technological manifestation is on the rise in the renewable energy sector which propels the green energy scenario in India. In a key development, Sunpure Technology Co. Ltd. has announced that it has signed agreements with renewable energy developer Sprng Energy, under which, Sunpure will supply its robotic cleaning systems that do not require water in […]

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NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan

NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a  term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and  the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […]

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MSEDCL Issues RFS for Procurement of 1000 MW of Solar Power

Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued an RFS for the procurement of 1000 MW (AC) solar power through competitive bidding process (followed by e-reverse auction) from projects to be connected at distribution network (11/22 KV) in Maharashtra under “Mukhyamantri Saur Krishi Vahini Yojana”. The last date for online submission of bids is […]

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America’s Ampliform To Employ Nevados Solar Tracker In Its Portfolio

In a key development to step up RE expansion in the US, solar tracker company Nevados Engineering, Inc. has signed a strategic partnership and long-term agreement to supply its integrated technology platform of all-terrain solar trackers and energy optimization software to solar power projects developer Ampliform. Nevados said that Ampliform has standardized on the its […]

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Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […]

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Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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