The government of Armenia has selected UAE-headquartered clean energy company Masdar as the winner of a 200 MW utility-scale solar project tender. The tender was part of the Joint Development Agreement signed between Masdar and Armenian National Interest Fund CJSC (ANIF) in November 2019, to develop renewable energy projects with a total capacity of 400MW […]
SOUTH AFRICA: CDC Invests $50m in the Redstone Solar Project 100 MW
CDC Group, the UK government’s development finance institution, is investing $50 million in the Redstone Concentrated Solar Power (CSP) project in South Africa. The plant will feed 100 MW into the grid of the state-owned utility Eskom. CDC Group is coming to South Africa to announce a direct investment in a sustainable development project. The […]
Risen Energy to Set Up US $10.2 Bn Solar Manufacturing Plant in Malaysia
Risen modules in operation at a 500MW solar project in India. Risen Energy will spend MYR42.2 billion (US$10.2 billion) over 15 years on a new solar manufacturing plant in Malaysia, representing the Chinese company’s first investment in Southeast Asia. The solar cell and module production plant will be built in the state of Kedah, with […]
Petition Seeking Extension of Time And Directions From the Commission For 300 MW Solar Project at Lakhtar, District Surendranagar, Gujarat
Petition Seeking Extension of Time And Directions From the Commission For 300 MW Solar Project at Lakhtar, District Surendranagar, Gujarat. For more information please see below link:
ACME & Brookfield Renewables to Jointly Build 450 MW Solar Project in Rajasthan
ACME, India’s leading solar IPP, today announced closure of a deal with Brookfield Renewable, a global owner and operator of renewable power assets, to build a 450MWp Solar Project in Rajasthan. This solar project includes a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly-owned subsidiary of the Maharashtra State […]
ACME Joins Hand With UNSOPS & IFU For 250 MW Solar Project
The total value of the project is close to US$ 200 million, of which about a quarter would be financed through equity contributions by the three co-investors, ACME said in a statement. Gurgaon based solar power project developer ACME signed a shareholders’ agreement with UNOPS S3i and IFU for developing a 250-megawatt (Mw) solar power […]
Cypark Proposes RM108 Mil Private Placement to Fund Solar Project
KUALA LUMPUR (Bernama) : Cypark Resources Bhd has proposed to undertake a private placement of up to 105 million new ordinary shares, representing up to 20% of the total number of issued share in the company. In a filing with Bursa Malaysia today, Cypark Resources said the issue price would be determined and announced later. […]
Myanmar Junta’s Solar Tender Unlikely to Rejuvenate Foreign Investment
Fitch Solutions believes that the Myanmar military government’s solar project push, the first attempt at stimulating foreign investment since the coup, will not succeed and will do little to turn the gloomy economic situation around. Myanmar Times newspaper with the headline ‘State of Emergency’ among other newspapers for sale are seen on display a day […]
Korea Midland Power Acquires Texas Solar Project
130MWac Elara Energy Project expected to reach full commercial operation in Q4 2021 Texas-based utility-scale solar developer 7X Energy has sold its 130MWac Elara Energy Project to KOMIPO America, a subsidiary of Korea Midland Power, in the latest move by Korean investors into the US renewable energy sector. Elara, located in Frio County, Texas, is […]
Andhra Pradesh High Court Quashes State’s 6.4-GW Solar Project Tender
Adani Green Energy in February won five mega solar power projects of 600 megawatt each under the tender The Andhra Pradesh High Court on Thursday held that the state had awarded solar power tenders in contravention of the Electricity Act, 2003, and quashed the request for selection (RfS) and power purchase agreement (PPA) for procuring […]