Markets & Finance

July 9, 2018
Softbank's joint venture, SBG Cleantech has caught the eye by submitting a technical bid for the full 2GW capacity available in an Interstate Transmission System (ISTS)-connected solar tender from Indian state-run utility NTPC.
July 9, 2018
juwi Shizen bags EPC order for 42MW Japan solar plant, Financiers plan renewables for 9,300 Solomon Islanders, World Bank to provide US$250 million loan for electricity distribution sector reforms in Rajasthan, India.
July 9, 2018
French energy major Total has completed the acquisition of a 73.04% stake in gas and renewable power provider Direct Energie.
July 6, 2018
Winning bids in the latest solar auction in the Indian state of Andhra Pradesh ranged between INR 2.70-2.71/kWh (US$0.0391-0.0394/kWh).
July 6, 2018
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.
July 6, 2018
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.
July 6, 2018
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.
July 5, 2018
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.
July 5, 2018
A Saudi Arabian sovereign wealth fund has taken a 15.2% stake in ACWA Power, a dominant solar power developer in the Middle East.
July 4, 2018
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.

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