A 200MW solar tender floated by the Grid Corporation of Odisha (GRIDCO) has been significantly oversubscribed with a total of 845MW of technical bids from 14 players.
Sonnedix Japan has reached financial close on a JPY16.5 billion (US$149 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6MW Sano solar PV plant in the Tochigi prefecture, Japan.
The Asian Development Bank (ADB) is providing a US$20 million loan and a US$25.44 million grant to support off-grid solar PV pumping for agricultural irrigation in Bangladesh, to replace expensive diesel-based systems.
The Asian Development Bank (ADB) has approved a US$90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector, including the promotion of renewable energy.
India’s Ministry of New and Renewable Energy (MNRE) has extended the timeline for implementation of its 40GW Solar Parks scheme from 2019-20 to 2021-22.
Goldman Sachs Asset Management (GSAM) has entered into an agreement with South Jersey Industries (SJI) to acquire SJI’s portfolio of PV projects for approximately US$350 million.
The US Naval Research Laboratory selected Alta Devices, as the solar solution for the prototype Hybrid Tiger UAV, Edgar A. Gunter explores the results and the implications for the thin-film market.
