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solar project finance

2023’s Promise for Solar. Will India Rise To The Challenge?

Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […]

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European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece

PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […]

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Modules for Egypt’s Largest PV Project to be Supplied by JA Solar

International solar cell and module manufacturing maker JA Solar has signed an agreement with AMEA Power, a UAE-based power developer. The firm has joined hands with a consortium consisting of China Energy Engineering Group, China Energy International Group and Zhejiang Thermal Power Construction aimed at the supply of integrated solutions for gigawatt-scale wind and photovoltaic […]

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IFC to Help Kyrgyzstan Develop Renewable Projects Through PPP Model

The International Finance Corporation (IFC) – a key agency of World Bank – has partnered with the Kyrgyzstan government under the World Bank Group’s Scaling Solar program to develop up to 100-150 MW of grid-connected solar power. IFC said that this will help Kyrgyzstan to diversify its energy mix and increase its renewable power capacity. […]

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Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia

Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […]

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Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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Total Eren to Construct 100 Mwp Solar Farm in Columbia

Columbia’s largest energy firm Ecopetrol, and French renewable energy Independent Power Producer Total Eren have announced that they have partnering to implement the ‘Rubiales’ solar photovoltaic (PV) park that will have a capacity of 100 MWp in Columbia. The official statement held that the solar PV park will be built on the site of the […]

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Maharashtra (MSEDCL) Invites Bids For Development Of 500 MW Solar Under PM KUSUM

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a Request for Selection (RfS) for procurement of cumulative 500 MW (ac) solar power from decentralised solar projects under Component-C of PM KUSUM scheme that will be developed in Maharashtra. MSEDCL tender says that the last date for bidding is February 13, 2023 and pre bid […]

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