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China’s Ambitious Solar Power Space Project is a bet on the future

China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […]

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Nordex Wins Wind Projects Totalling 108 MW in Greece

European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […]

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NHPC Issues Tender For 1082 kW Solar Projects in Himachal Pradesh

The last date for bid submission is (April 12, 2019 – Online) April 15, 2019. NHPC Ltd. has issued a tender for the implementation of rooftop and small solar power plants of a total capacity of 1082.16 kW in NHPC power stations at Chamera-I (155 kW), Chamera-II (230 kW), Parbati-II (500 kW and 125 kW), […]

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EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects

The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […]

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SECI Issues Tender For 2000 MW Solar Projects Under CPSU-II

The projects will be developed on a Build-Own-Operate basis and the usages charges to be paid by the govt entities for the power has been set at a maximum of Rs 3.50/kWh. The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) document for the selection of Solar Power Developers (SPD) for […]

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Sungrow Partners with Gridserve to Supply Largest Unsubsidised Solar-Plus-Storage Project in UK

Sungrow and GRIDSERVE will supply PV inverters and energy storage systems for the United Kingdom’s largest unsubsidised solar-plus-storage project, comprising of a 34.7 MW PV park including a 27 MW/30MWh energy storage system. Sungrow, one of the leading inverter solution supplier for renewables globally, has announced that it is supplying PV inverters and energy storage systems […]

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Gujarat’s Troubles with SKY Scheme a Lesson For all State Governments

2018 saw a slew of state governments announce solar power schemes that would generate additional income for their farmers. There are many challenges to making this work on the ground, as the Gujarat Example shows. It was back in June 2018 that the Gujarat government launched its Suryashakti Kisan Yojana or SKY scheme. The scheme […]

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Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure

The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […]

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Trine Helps Greenlight Planet Secure Financing For Off-Grid Solar Projects in India

The strategic partnership between Trine and Greenlight Planet sets out to answer the off-grid solar industry’s strong demand for innovation in distribution and financing. Swedish investment firm, Trine, which enables individuals to invest in renewables sustainably has joined forces with Greenlight Planet, a provider of off-grid solar products, to secure a Euro 1.8 million (Rs 14 […]

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