Major Indian solar developer Azure Power has won a 1.3MW rooftop solar project from an NTPC subsidiary to provide power for 25 years to both Government of India and Ministry of Health and Family Welfare facilities in the states and union territories of Delhi, Puducherry, Uttar Pradesh, West Bengal and Assam.
The European Bank for Reconstruction and Development (EBRD) has issued a US$500 million global green bond that will be used to support the company’s Green Project Portfolio.
Egyptian PV firm KarmSolar has signed a power purchase agreement (PPA) with two subsidiaries of major food exporter Dakahlia Group for two solar projects totalling 23.5MW in Egypt.
Sonnedix has acquired a controlling interest in Cox Energy Chile, a subsidiary of Spanish firm Cox Energy, and the two firms will partner on building and operating renewable energy projects in Chile.
Chinese PV firm LONGi Solar, which is the subsidiary of LONGi Group, has become arguably the industry’s greatest advocate of monocrystalline solar. In the first installment of a two-part interview, Zhenguo Li, LONGi Group’s president, speaks with Mark Osborne about the concept of PV3.0 and where the industry is likely to head next.
China-based PV manufacturer and downstream project developer ReneSola has officially completed the divestment of its integrated solar manufacturing operations to its chairman and CEO to focus exclusively on downstream business development.
Thai renewable energy firm BCPG, an arm of oil and gas company Bangchak Corporation, is actively looking at investing in rooftop solar as well as an online marketplace for clean energy, according to a Reuters report.
The Indian Renewable Energy Development Agency (IREDA), a state-run financier, has launched its first Green (Masala) Bond on the London Stock Exchange (LSE), raising US$300 million (INR19.5 billion) in the process.
The European Bank for Reconstruction and Development (EBRD) is providing a US$28.5 million loan for a 50MW solar project in Egypt’s Aswan Province, which is being constructed by Saudi-based firm Alfanar Energy.
