ACME Solar raises Rs 700 cr from financial arm of Piramal Enterprises.

ACME Solar raises Rs 700 cr from financial arm of Piramal Enterprises.

Piramal Finance Ltd (PFL), a part of the Ajay Piramal-controlled Piramal Enterprises, has sanctioned Rs 700 crore to ACME Solar Holdings, Delhi-based Independent Power Producer, with a portfolio of over 1.8 GW of solar power across 14 states. The company’s current operational capacity is over 1 GW and is expected to reach 1.4 GW by […]

Feasibility study funded for small hydropower project in England.

Feasibility study funded for small hydropower project in England.

The Staverton Hydro Community Benefit Society this week announced it is using a £20,000 (US$25,000) grant from the Rural Community Energy Fund to begin a feasibility study into replacing a long-closed small hydropower plant with a new 100-kW plant on the River Dart in Devon, England. Historical information indicates the original 50-kW Staverton Leat – […]

Global pension funds warm up to India’s solar plans.

Global pension funds warm up to India’s solar plans.

Some of the world’s biggest pension funds, seeking long-term returns on green investments, are scouting for deals in India’s solar power sector, where Prime Minister Narendra Modi is targeting $100 billion in investment in the next five years. Power demand in Asia’s third-largest economy is set to surge as the economy grows and more people […]

Iran has inaugurated a major solar power plant.

Iran has inaugurated a major solar power plant.

Iran has inaugurated a major solar power plant as the country is pressing ahead with an ambitious agenda to use renewable energy resources.  The plant was constructed with an annual production capacity of 10 megawatts over an area of 20 hectares near the central city of Isfahan would produce. Iran’s Ghadir Electricity and Energy Company […]

Canadian Solar appoints Entura as Owner’s Engineer for two solar farms in Queensland.

Canadian Solar appoints Entura as Owner’s Engineer for two solar farms in Queensland.

Specialist power and water consulting firm Entura has been appointed by Canadian Solar, one of the world’s largest solar companies, as Owner’s Engineer for two solar farms in Queensland. The two solar power projects, located in Longreach and Oakey, Queensland, are 17 MWdc and 30 MWdc each in size. Both projects have been awarded funding […]

Access Power gets financing for 50 MW PV project in Nigeria.

Access Power gets financing for 50 MW PV project in Nigeria.

The $1.65 million loan will be used to co-finance a 50 MW solar facility under development in Nigeria’s Kaduna State. The company expect to reach financial close for the project by the end of this year. UAE-based project development and advisory firm Access Power MEA announced that its Nigerian subsidiary Access Quaint Solar Nigeria Ltd. […]

Infinity Solar, ib vogt and Solizer secure 64.1 MWp solar power plant at Benban, Aswan under round one of the Egyptian FiT programme.

Infinity Solar, ib vogt and Solizer secure 64.1 MWp solar power plant at Benban, Aswan under round one of the Egyptian FiT programme.

Egyptian-based company Infinity Solar S.A.E. and German-based companies ib vogt GmbH and Solizer GmbH & Co. KG have announced the successful closure of a 64.1 MWp solar power plant project in Benban, Aswan, Egypt by the Infinity 50 consortium of which they are members. The project was approved by the Egyptian Electricity Transmission Company on […]

Scomi, SGSB to set up renewable energy JV.

Scomi, SGSB to set up renewable energy JV.

Scomi Group, a global service provider based in Malaysia, has joined hands with Malaysian group Synergy Generated Sdn Bhd (SGSB) to set up a new company which will bid for engineering, procurement and construction (EPC) contracts in the renewable energy sector, particularly for solar photovoltaic farms. Besides EPC solutions, the JV company will also offer […]

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