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SOLAR ENERGY FIRM SUNSEAP SNAGS $50M FUNDING FROM TEMASEK, ABC WORLD ASIA

SINGAPORE: Sunseap Group has secured a total of $50 million from ABC World Asia, an Asia-focused impact investing private equity fund based here, and state investment company Temasek Holdings for solar projects in Singapore and other parts of Asia. ABC World Asia’s managing director Tan Shao Ming will also join Sunseap’s board of directors. Sunseap’s […]

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Slimming down silicon cells could make solar panels more affordable

January 28, 2020 Anand Gupta

Researchers at the Massachusetts Institute of Technology (MIT) and at the National Renewable Energy Laboratory (NREL) have devised a new way to further bring down the cost of solar panels. Solar power, one of the most promising renewable sources of energy has emerged as a major driver of global energy transformation. However, there are plenty […]

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ENGIE AND EDELWEISS SIGN A PARTNERSHIP FOR SOLAR ENERGY IN INDIA

January 23, 2020 Anand Gupta

ENGIE and Edelweiss Infrastructure Yield Plus (EIYP)1 announce today a strategic partnership for solar assets in India. In line with both ENGIE’s and EIYP’s strategies, ENGIE has agreed to sell (once the transaction has closed in accordance with its terms) a 74% stake in 12 solar assets aggregating 813 MWp of operating capacity collectively to […]

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SB Energy on track to achieve solar energy target in India: Raman Nanda, CEO, SB Energy Global

January 22, 2020 Anand Gupta

The real target for companies with long-term vision to be a global leader would be to build 100 GW. Within the next 10 years, we will see 100 GW companies in renewables or even in just solar. We are prepared to be one of them. India maybe contribute to half of that capacity, said Nanda […]

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Renewable energy: Curtailment is a bane that must be done away with

January 18, 2020 Anand Gupta

If solutions to the problem are not found, it will add to the operational risk of renewable energy projects, discouraging investments ‘Curtailment’ of power generated by wind and solar projects is a persistent problem for renewable energy (RE) developers in India despite a ‘must-run’ assurance in regulation. ‘Curtailment’ refers to an action under which off-take […]

Middle East & Africa

TOGO: ADFD approves $15 million loan for solar photovoltaic project in Blitta

January 15, 2020 Anand Gupta

The Abu Dhabi Fund for Development (ADFD) has decided to allocate 15 million dollars for the construction of the future Blitta photovoltaic solar power plant in Togo. The project is being developed by the Emirati company Amea Power. The General Assembly of the International Renewable Energy Agency (Irena) took place on Sunday, January 12, 2020, […]

Middle East & Africa

EGYPT: China Gezhouba Group to build 500 MW of solar power plants

January 14, 2020 Anand Gupta

The Egyptian government plans to install new solar power plants across the country with a cumulative capacity of 500 MW. They will be built by the China Gezhouba Group. With this, Egypt is moving closer to its overall goal of increasing the percentage of renewable energy in the country’s energy mix to 42% by 2035. […]

Middle East & Africa

Filatex to supply 150 MWp of solar energy in four countries

January 9, 2020 Anand Gupta

Filatex Energie, a company based in Tananarive, Madagascar, will set out to conquer the African continent in 2020. It plans to produce 150 MWp of solar energy in four East and West African countries. The 2020 strategy of Filatex Energie, a subsidiary of the Filatex Group, has just been unveiled. The real estate group, whose […]

Tenders

Rajasthan Floats Tender For 122 Nos Solar Energy based bore well water pumping systems

December 31, 2019 Anand Gupta

Designing providing installation and commissioning of 122 Nos Solar Energy based bore well water pumping systems including comprehensive operation and maintenance for a period of seven years in various villages habitations of district Alwar of Regio Tender Value In Rs.: 10,47,00,000 For more information please see below link:

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NTPC to invest Rs 50,000 crore to add 10GW solar energy capacity by 2022

December 25, 2019 Anand Gupta

State-owned power giant NTPC is planning to add 10GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds, a source has said. At present, NTPC has installed renewable energy capacity of 920 MW, which includes mainly solar energy. It has formulated […]

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