Monarch Private Capital and Invenergy have announced the completion of nearly $170 million in tax equity financing for the Samson Solar Energy Center II in Lamar County, Texas. Developed by Invenergy, the project will deliver major economic benefits, and over $27 million in taxes and contributions to the county...
The US Department of Energy (DOE) has finalised a $72.8 million loan guarantee to develop a solar-plus-storage microgrid on the Viejas Tribe’s reservation near Alpine, California. The project, backed by the California Energy Commission, US Bancorp Impact Finance, and Starbucks, will feature a 15 MW solar system and a...
Powin is collaborating with BHE Renewables to provide energy storage solutions for one of the largest solar and storage microgrids, located in Ravenswood, West Virginia. This innovative project will supply renewable energy to Titanium Metals Corporation to produce titanium products for the aerospace industry.
Powin will supply a 50 MW...
Purvah Green, a subsidiary of CESC Limited has been awarded a project to develop a 300 MW solar photovoltaic project by CESC Limited themselves. Of the total, 150 MW is under tariff-based bidding competition, the rest has been included under the greenshoe option. The project is under a power...
JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, has received letter of award (LoA) for setting up a 600 MW wind-solar hybrid power project including 400 MW allotted under green shoe option from Maharashtra State Electricity Distribution Company Limited (MSEDCL) against MSEDCL – Phase IV.
Following this capacity...
ITI Limited, a telecom manufacturer, has secured a contract valued at approximately Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA). The contract involves supplying and installing 100,000 solar street light systems for the Bihar State Government. This project builds on the 80,000 solar street lights ITI...
EliTe Solar has announced investment plans to build an 8 GW solar manufacturing hub in Egypt’s Suez Special Economic Zone. The facility will focus on producing high-efficiency solar cells and module assembly, with a substantial share of the output exported to key markets, including US.
Furthermore, this project, valued at...
Encavis has finalised a non-recourse project financing deal worth €60.7 million for its solar plant in Lindenhof, Borrentin. The project is located near Demmin in Mecklenburg-Western Pomerania and is set to complete construction by the end of September 2024. Once operational, it will generate 121 GWh of electricity annually.
Furthermore,...
The Ministry of New and Renewable Energy (MNRE) has issued a draft amendment to the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells from April 1, 2026 to accommodate the expected increase in solar PV cell capacity.
Under the new guidelines, all projects falling under...
NHPC India has declared the winners for developers to set up 1.2 GW interstate transmission system (ISTS)-connected solar power projects in India. The tender was released in May 2024. The winners include Essar Renewables (300 MW), Jevargi Solar (Rays Infra) (200 MW), Onward Solar (50 MW), Avaada Energy (350...