Dominion Energy Virginia Seeking Solar and Onshore Wind Generation Proposals.

Dominion Energy Virginia Seeking Solar and Onshore Wind Generation Proposals.

Dominion Energy Virginia is seeking bids for approximately 300 megawatts of solar and onshore wind generation, the company has announced. The issued Request for Proposals (RFP)  is soliciting bids for energy, capacity and environmental attributes including Renewable Energy Certificates for new solar and onshore wind facilities 10 to 150 megawatts (ac) in size. The facilities are […]

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

EBRD and Proparco committed US$ 58 million each for two 50 MW solar PV plants in Egypt.

Egypt has taken a major step forward in its use of renewable energy sources with the support of the European Bank for Reconstruction and Development (EBRD) and Proparco, a French financial institution that supports private sector development projects in emerging economies. The two institutions have together provided US 116 million of financing for the construction […]

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 […]

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 […]

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 […]

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