Solar Project

Idemitsu Completes Financing for 50 MW Solar Project in California

Idemitsu Renewables has announced that it has closed on debt financing for its 50 MWp Central 40 solar project in Stanislaus County, California. Idemitsu Renewables, formerly Solar Frontier Americas, which is now the US-based renewable energy business of Idemitsu Kosan Co., Ltd, has announced that it has closed on debt financing for its 50 MWp Central […]

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Sterlite Power Buys SPV from PFC to Execute Large ISTS Project

Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […]

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NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali

Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […]

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CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado

Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […]

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Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra  

Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […]

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8minute Inks Pact with MBCP, SVCE to Develop 250 MW Solar + Storage Project

Marking its first contract with Community Choice Energy (CCE) providers, 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the US, has executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) to set up 250 MW solar plus storage project. […]

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DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah

With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […]

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CREDA Revises 20 MW Rooftop Solar Tender Schedule for Chhattisgarh

State nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has revised the schedule for its 20 MWp tender for grid-connected rooftop solar photovoltaic (PV) systems under the Resco model. The move came in the wake of novel coronavirus (Covid-19) restrictions and precautionary measures and requests from bidders. As per the revised schedule, interested bidders […]

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REIL Issues NIT for Supply of DC Solar Submersible Pump 10 Hp in Jaipur

Central CPSU Rajasthan Electronics & Instruments Limited (REIL) has issued a notice inviting tender (NIT) from interested bidders for rate contract for the supply of DC solar submersible pump 10 Hp in Jaipur. The scope of work for the selected bidders will include the supply of DC solar submersible pump 10 Hp with their controller […]

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