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World Bank

Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects

European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […]

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Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […]

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Adani Solar Recognised As a Top Performer in PVEL PV Module Reliability Scorecard 2023

PVEL, which delves into performance testing for solar PV and storage technology, has released its 9th edition of PV Module Reliability Scorecard, featuring top performers from 35 manufacturers. Adani Solar, the solar PV manufacturing arm of Adani Group, has clinched the Top Performer’s position in the PVEL PV Module Reliability Scorecard 2023. Adani Solar says […]

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Senior Engineer – Solar

In this role, you will be directly reporting to Head of Section- Solar. Broad Expectations: Responsible for the delivery of solar consulting services targeted towards project developers, lenders and investors and primarily related to commercial and utility-scale PV systems. Fully aligned with the characteristics of the scientific methods i.e. Empirical, Replicable, Systematic, Objective and Provisional […]

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Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year

Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […]

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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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MNRE to Launch New Scheme To Boost Distributed Solar Energy: RK Singh

In his latest speech, Union Minister for New and Renewable Energy RK Singh announced starting a new scheme to boost distributed renewable energy (DRE). He announced this during an event on DRE organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation’s Powering Livelihoods. “We are developing a new DRE policy […]

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Uttar Pradesh Plans Solar City Adjacent to Saryu River

The state government of Uttar Pradesh led by Yogi Adityanath is mulling to establish a solar city in Ayodhya district. The state government has allocated Rs 317 crore in the current budget to implement Solar Energy Policy 2022, the new solar city will come up adjacent to the banks of Saryu river. The solar city […]

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