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.
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.
The Green Climate Fund, the African Development Bank (ADfB) and Africa50 investment fund are to collaborate on bringing solar energy to the Sahel region in the wake of ADfB launching its 10GW plan.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology is believed to have entered into a Memorandum of Understanding (MOU) with Saudi Arabia’s major commercial and industrial trading company, El Seif Group to establish a large-scale solar manufacturing infrastructure in the Kingdom.
The Asian Development Bank (ADB) is providing a roughly US$40 million project financing package for Vena Energy, formerly Equis Energy, to build four solar plants in eastern Indonesia, which are said to be the Southeast Asian country’s first utility-scale PV plants.
