SUBSCRIBE NEWS LETTER

solar electricity

Sify to power its data centre business with wind and solar energy

Sify Technologies Ltd, an information and communications technology company, has signed a new deal with Singapore-based Vibrant Energy Holdings to procure 231 MW of electricity from solar and wind farms to supply the power needs of its hyper-scale data centres. It was announced by the two companies that the Indian firm inked power purchase agreements […]

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$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg

The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant

ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […]

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Consultancy Tender Issued for Solar Plant at Embassy of India, Brasilia

The President of India, acting through the Embassy of India in Brasilia, Brazil, has invited proposals from eligible contractors for the installation of a solar energy system in the Chancery Complex of the Embassy on a turnkey/design and build basis. The last date to submit sealed bids is is March 14, 2022, till 5 PM. […]

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Qatar’s First Solar Plant to Use 800 MW of LONGi’s Bifacial Modules

Located to the west of Doha over an area of 10 km2, the Al-Kharsaa project is the first solar power plant in Qatar, with a total planned power generation capacity of 800MW. The project will be equipped with Chinese manufacturer LONGi’s Hi-MO 4 bifacial modules and a tracking system. The company claims that this will […]

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Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects

To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […]

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Azure Power refinances its 600 MW solar project

Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […]

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Portable Solar Tracking Towers Developed by IIT Delhi

Researchers at Indian Institute of Technology – Delhi (IIT-Delhi) have developed solar photovoltaic tracking towers that are portable. The new towers are of 3 kW and 5 kW capacity that can save time and the owners can operate them mechanically and also non-mechanically. The premier institution says that the new technology is scalable to higher […]

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