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RE projects

Transelec, SunPower Finalize Acquisition of Switchyard Interconnecting 100MW El Pelicano Solar Project

The Don Héctor switchyard is located 6.5 kilometers from El Pelicano, which SunPower is constructing in Chile’s commune of La Higuera (Coquimbo Region). El Pelicano is expected to be operational by the end of 2017, and will supply 300 gigawatt hours per year of energy to Metro de Santiago, the city of Santiago’s underground railway […]

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Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa

“We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create  more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […]

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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EBRD Invests in Second Solar Park in Kazakhstan

The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […]

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West Bengal Solar Energy Policy

TARGET As per MNRE there is a target to harness 5336 MW of solar power through grid connected projects and through rooftop in the state. LAND ALLOTMENT Government land, if available, permission for use will be given for 30 years or the project life whichever is less. Land to be allocated and transferred to WBGEDCL, […]

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Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital

Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […]

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First Solar Begins Operation of 250 Megawatt Moapa Southern Paiute Solar Project

The Moapa Southern Paiute Solar Project, constructed and operated by First Solar, features more than 3.2 million advanced First Solar thin film photovoltaic (PV) solar panels First Solar and the Moapa Band of Paiutes joined Sen. Dean Heller, Sen. Catherine Cortez Masto, Nevada State Energy Office Director Angela Dykema, Clark County Commissioner Marilyn Kirkpatrick, executives […]

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