Markets & Finance

India has given the option to solar power procurers to extend the timelines for land acquisition, financial close and PV project commissioning, which should help developers working on interstate transmission system (ISTS)-connected plants.

As an investor from a matured solar market in the West looking at India, Jonathan Selwyn, chairman of the UK retail investor-backed Downing Indian Solar EIS, discusses the experience of investing in Indian solar.

PV project developer and operator ReneSola announced that Sequoia Economic Infrastructure Income Fund has agreed to extend senior debt facility to US$41.6 million for ReneSola’s 55MW pipeline of PV plants in Poland.

Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).

The French independent power producer (IPP) REDEN Solar has refinanced the bulk of its domestic assets raising €270 million (US$312 million) in the process.

The world installed 99.1GW of solar in 2017 and is expected to breach the 100GW level this year, according to SolarPower Europe global report.

SolarEdge is seeking damages, an injunction and a recall of products it claims have been built using its intellectual property.

India announces new benchmark costs for off-grid, rooftop PV, SunEQ Namibia and DBN reach financial close on 6.5MW solar project in Namibia, Pöyry awarded EPC contract for 16MW Brazil project

German utility Innogy will add 440MW of US PV projects to its pipeline as part of a deal with North Carolina-based Birdseye Renewable Energy.

The World Bank has committed funding to support 400MW of solar energy projects in the Sindh Province of Pakistan.