ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China.

ReneSola Secures Project Financing for 30MW of Distributed Generation Projects in China.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced it has secured an RMB120 million (US$18 million) financing facility from China Kangfu International Leasing Co., Ltd (“China Kangfu”), an affiliate of State Power Investment Corporation (SPIC). The financing will be used to support the development of ReneSola’s 30 MW of […]

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 […]

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 […]

McNally Bharat secures Rs415 crore solar project order in Andhra Pradesh.

McNally Bharat secures Rs415 crore solar project order in Andhra Pradesh.

McNally says the company has received an order for design, engineering, manufacturing and maintenance of 500 MW grid connected solar PV power project McNally Bharat Engineering on Wednesday said it has bagged Rs415 crore solar power project order in Andhra Pradesh. “The company has received an order for design, engineering, manufacturing, supply, commissioning and operation […]

Genex Power reaches project financial close for Kidston Solar Project (Phase One 50MW)

Genex Power reaches project financial close for Kidston Solar Project (Phase One 50MW)

HIGHLIGHTS – Project Financial Close reached for Kidston Solar Project (Phase One 50MW) – Approximately $100m project finance from Clean Energy Finance Corporation and Societe Generale – Project Finance Equity and ARENA Funding in place to fund project development costs – Project construction remains on target for first generation and cash flow by Q4 2017 […]

ReneSola provides EPC service for 32MW of solar rooftop projects in China.

ReneSola provides EPC service for 32MW of solar rooftop projects in China.

ReneSola Ltd, a leading fully-integrated solar project developer and provider of energy-efficient products, today announced that it will provide EPC service for solar rooftop projects in Shandong, Anhui and Zhejiang Provinces with a combined capacity of 32 MW. The Company will also supply 32MW of solar modules for these projects. The electricity generated from the projects will be consumed by their respective commercial and industrial rooftop […]

Engie to push renewables in Senegal.

Engie to push renewables in Senegal.

France’s Engie has announced it will team up with Senegal’s National Renewable Energies Agency (ANER) to accelerate the development of renewables. The Paris-listed company will focus on increasing individuals’ use of solar power, promotion of market energy performance contracts and strengthening the use of renewables in the local industrial network. Engie will carry out a […]

ACWA Power to develop, own 61MW PV project in Jordan.

ACWA Power to develop, own 61MW PV project in Jordan.

ACWA Power announced Monday that it has agreed to a deal with the government of Jordan to develop, finance, construct and own a 61.3MW PV installation in Risha — a province of Eastern Jordan. ACWA Power submitted a record-low tariff of JOD 42 fils per kWh, the lowest tariff for solar energy ever presented for […]

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