SBG Cleantech, a joint venture between Japan-based solar firm Softbank, Taiwan-based manufacturing services provider Foxconn Technology Group and Indian business conglomerate Bharti Enterprises has won all 350MW capacity in yesterday’s National Solar Mission (NSM) auction in the Indian state of Andhra Pradesh at INR4.63/kWh.
Samsung Renewable Energy, through its partnership with Connor, Clark and Lunn Infrastructure (CC&L Infrastructure), has closed on US$195 million of debt financing for a 50MW solar project in Windsor, Ontario.
Another round of tenders to build ground mount PV power plants in Germany has been oversubscribed, with some 562MW of hopefuls entering the bidding for just 200MW of capacity.
India-based renewable energy firms Suzlon Energy and Axis Energy Group have signed a provisional agreement with the Indian state of Andhra Pradesh to develop up to 4GW of solar, wind and hybrid renewable energy projects.
German solar system integrator Phoenix Solar’s California-based subsidiary is to develop a 26.6MW portfolio of solar projects for Western Farmers Electric Cooperative (WFEC).
Concrete action in the Indian solar sector this year has countered scepticism over the 266GW of clean energy pledges made earlier this year, according to a new report.
Around 20 bidders have entered the frame for the latest 800MW phase of Dubai’s flagship solar project, according to the Middle East Solar Industry Association.
Bluewave, a Boston-based developer of solar projects, claimed that it has “secured US$100 million” for community solar from a subsidiary of multinational investment house Morgan Stanley.
