UPDATED: Saudi Arabia’s 300MW solar tender has seen opening bids go lower than two US cents, setting the tone for a new global solar power tariff record if awarded.
Just after UK-based Foresight Solar Fund bought a 48.5% stake in the Bannerton solar plant in Victoria, the Clean Energy Finance Corporation (CEFC) has announced AU$98 million in debt finance for the project.
Major Indian solar developer Azure Power has won a 1.3MW rooftop solar project from an NTPC subsidiary to provide power for 25 years to both Government of India and Ministry of Health and Family Welfare facilities in the states and union territories of Delhi, Puducherry, Uttar Pradesh, West Bengal and Assam.
Egyptian PV firm KarmSolar has signed a power purchase agreement (PPA) with two subsidiaries of major food exporter Dakahlia Group for two solar projects totalling 23.5MW in Egypt.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.
Major Asia-Pacific IPP Equis Energy has selected Bouygues Energies & Services, a subsidiary of Bouygues Construction, and Toho Electrical to build a 41MW solar project in Yaita, Tochigi Prefecture, Japan.
Thai renewable energy firm BCPG, an arm of oil and gas company Bangchak Corporation, is actively looking at investing in rooftop solar as well as an online marketplace for clean energy, according to a Reuters report.
The Indian Renewable Energy Development Agency (IREDA), a state-run financier, has launched its first Green (Masala) Bond on the London Stock Exchange (LSE), raising US$300 million (INR19.5 billion) in the process.
The European Bank for Reconstruction and Development (EBRD) is providing a US$28.5 million loan for a 50MW solar project in Egypt’s Aswan Province, which is being constructed by Saudi-based firm Alfanar Energy.
