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Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile

Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […]

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Canadian Solar Bags 30 MW Capacity in Latest Solar Auctions in Japan

Canadian Solar has been awarded a 30 MW project in the latest round of solar auctions being held in Japan   Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded a 30 MW project in the latest round of solar auctions being held in Japan, i.e. the 4th […]

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LONGi Solar Signs 200 MW Module Supply Deal in Vietnam

LONGi Solar and Hexagon Peak have entered into a supply deal for 200 MW of mono PERC modules for solar PV projects in Vietnam LONGi Solar, a leading vertically integrated Tier 1 manufacturer of solar modules and Hexagon Peak, the project development arm of Hexagon Holdings Singapore, have announced that the two firms have entered […]

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […]

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Risen Energy Wins 150 MW Module Order in Malaysia

Risen Energy has received an order to provide 150 MW of high-efficiency solar PV modules to power up a power station in Malaysia. Chinese solar panel maker Risen Energy has recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power station in Malaysia. The order for […]

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Canadian Solar Wins 393.7 MW Solar Project in Brazil

Canadian Solar has been awarded three solar projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded three solar photovoltaic (PV) projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil in the third […]

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Unplanned Solar Plant Repairs Worth $16 bn by 2024

Annual solar plant repairs costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. According to a new report, annual solar plant operations and maintenance (O&M) costs will grow from nearly USD 4.5 billion in 2019 to just over USD 9 billion in 2024. The report by […]

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Shell Acquires 20% Stake in Bengaluru-Based Orb Energy

Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […]

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India has a Plan to Replace Coal With Renewables: Environment Secretary

Reduction of coal consumption is not a one-day process and India has a long-term plan to gradually replace coal with renewable energy, a government official has confirmed Reduction of coal consumption is not a one-day process and India has a long-term plan to gradually replace coal with renewable energy, Union Environment Secretary C K Mishra said on […]

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