Solar

Solar ITC Extends at 26% For Two More Years, Included in US COVID Relief Pkg

The Solar Investment Tax Credit (ITC) has been extended at 26 percent for two more years. The ITC for solar systems as well as new funding for energy storage research has been included in the US COVID-19 relief package, the Congress approved. USD 1.4 trillion federal spending package alongside a USD 900 billion COVID-19 virus […]

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Terra-Gen and Mortenson Will Build Solar-Plus-Storage Project

New York-based renewable energy developer Terra-Gen has collaborated with construction firm Mortenson to build what they claim is the world’s largest standalone solar-plus-storage project to date. The Edwards & Sanborn energy project consists of 1,118 MW of solar and 2,165 MWh of energy storage in Kern County, which has become California’s unofficial large-scale solar capital […]

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Hannon Armstrong Invests in 1.6 GW Renewable Energy Portfolio of Clearway Energy

Hannon Armstrong Sustainable Infrastructure Capital, a leading investor in climate solutions, today announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States with a pipeline of 9 […]

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Masdar Achieves Financial Close on 100 MW Solar Project in Uzbekistan

Masdar has announced the financial close of the 100 MW Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The Nur Navoi Solar Project was awarded to Masdar last year under the WBG’s Scaling Solar program, with Masdar tendering the lowest tariff in a competitive auction. In November 2019, Masdar […]

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TAQA, Masdar-led 2 GW Al Dhafra Solar Project Achieves Financial Close

TAQA and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar project. The Abu Dhabi National Energy Company (TAQA) and Masdar – alongside partners EDF and JinkoPower – have announced the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) […]

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MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […]

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134 Govt Schools in Rajasthan to get Hybrid Solar Plus Battery Systems

A new Rs 25 crore project has been sanctioned for all 134 govt models schools in Rajasthan to get hybrid solar plus battery bank systems. Rajasthan Council of School Education (RCScE) has notified that there are currently 134 model schools in Rajasthan and almost all of them are situated in rural areas where the electricity […]

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Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality

Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change.  The firm stated that the mission […]

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Vikram Solar Commissions Rooftop Solar Plant at its Manufacturing Facility

Vikram Solar has commissioned a 919.73 kWp rooftop solar plant at its manufacturing facility in Falta, West Bengal. Vikram Solar, a leading module manufacturer and comprehensive EPC solutions and rooftop solar service provider, has announced that it has commissioned a rooftop solar plant at its manufacturing facility in Falta, West Bengal earlier this month. The […]

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