ROUND-UP: Solaria 250MW Spain funding, Tata’s rooftop in southern capitals, FRV in Sierra Leone

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Credit: Solaria

Solaria bags financing for 250MW of renewables in Spain

5 February: Spanish firm Solaria has signed a a long-term €125 million financing agreement with the bank Natixis for the 250MW of capacity it was awarded in the Spanish renewable auction of 2017.

The plants are expected to be connected to the power grid throughout 2019.

Enrique Díaz Tejeiro, president of Solaria, said: “Closing the long-term financing of these 250MW was one of our priorities. Being able to do it with a reference entity at international level such as Natixis allows us to be optimistic in order to continue growing to become the largest generator of photovoltaic solar energy in Spain.”

Tata Power Solar launches rooftop solution in Cochin and Chennai

6 February: Indian integrated PV firm Tata Power Solar has launched its residential rooftop PV solution in the southern state capital cities of Cochin, in Kerala, and Chennai, in Tamil Nadu.

The prodcut has now been successfully launched in Delhi, Mumbai, Ajmer, Bhubaneswar, Gandhinagar and Bengaluru.

Ashish Khanna, president, Tata Power (Renewables), said: “It is our endeavor to provide knowledge of commercial benefits as well as quality aspects of solar roof top installation to our residential consumers. We are hopeful that with initiatives like these and our offering of cost-effective rooftop solutions, we will help consumers in energy conservation as well as savings in power costs. This will also achieve our company’s objective of always remaining No. 1 rooftop player in India.”

FRV provides solar to schools in Sierra Leone

30 Janurary: Fotowatio Renewable Ventures (FRV) has supported the installation of 16 solar panels linked to a battery array supplying clean energy to a school for women in the city of Lunsar, in the north of Sierra Leone.

Just the 20% of the population of the Sub-Saharan African country has access to electricity. The project’s objective is to support a catering school that meets international standards and will become a benchmark reference.

Daniel Sagi-Vela, CEO of FRV, said: “Our contribution to bring clean energy to people in need and to these women from Sierra Leone in particular, is born from the ongoing commitment by FRV to improve the lives of people through our experience and technological capacity. This is why we champion the democratization of renewable energy as a path to a more exciting, green and sustainable future all over the world , especially in those areas where the access to energy is still insufficient “.

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