Saudi Arabia’s omittance of the lowest ever solar bid from the final shortlist of its 300MW solar tender may have been a measure to restore investor confidence in the future of the market, according to a representative of global analyst firm GTM Research.
Finnish finance company FinnFund has provided US$15 million in financing to fund the construction of 10 PV projects in El Salvador, which will have a combined generation capacity of 100MW.
Solar Energy Corporation of India (SECI) has issued a Request for Qualification (RfP) document for 275MW of grid-connected solar in the state of Uttar Pradesh.
UPDATED: Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has shortlisted local firm Acwa Power and a consortium led by Japanese conglomerate Marubeni Corporation to develop 300MW of solar PV in Sakaka, Al Jouf.
Legislation proposed in Florida could see solar and energy storage become part of the go-to solution for providing energy resiliency against natural disasters and helping restore power in their aftermath.
The Church Pension Fund (CPF), a financial services organization that serves the Episcopal Church, has invested US$17 million in a fund that provides loans to microfinance institutions, distribution companies, and manufacturers in the off-grid solar sector in sub-Saharan Africa and South Asia.
