On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced US$23.8 million in funding for the next phase of the US$44.6 million Solar Energy Transformation Program (SETuP) project.
Indian solar developer Azure Power has secured US$135 million in debt financing for 200MW of rooftop PV projects across India from a consortium of development finance institutions.
Neoen closes finance for 51MW Jamaica solar park, Enel starts production at Australia’s largest Solar PV Project, Vikram Solar commissions 10MW solar project in Madhya Pradesh.
Indian EPC firm Sterling and Wilson has won its first large-scale hybrid and energy storage turnkey EPC contract order in Western Africa, including what it believes to be both the largest battery storage project and single battery installation in the whole continent.
Indian integrated power company Tata Power has signed off on a partnership with Coastal Gujarat Power Ltd (CGPL) to develop a universal rooftop solar installation for the entire village of Tunda in the Indian state of Gujarat.
The sanctioning of a tendering scheme for 2.5GW of hybrid wind and solar capacity in India, to be allocated through a transparent bidding process, has been branded as “the right step”, by consultancy firm Bridge to India.
Germany-based company ib vogt has reached financial close over a €41 million debt facility for a 54.5MW solar plant in the Netherlands, said to be the country’s largest.
The World Bank has signed a US$55 million financing agreement with the government of Bangladesh to expand renewable energy applications in rural areas.
