ROUND UP: Iran plans 10MW solar, ERBD US$55 million for renewables in Turkey, IDFC gets 45MW solar

Facebook
Twitter
LinkedIn
Reddit
Email
Flickr: Arian Zwegers

India-based infrastructure firm IDFC has acquired 45MW of solar plants from Punj Lloyd Infrastructure (PLIL) a wholly-owned subsidiary of Punj Lloyd, according to a BSE India filing.

The three plants are located in the states of Punjab and Rajasthan.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

They include a 5MW project under a 25-year PPA with the utility NTPC as well as two 20MW plants where PPAs have been signed with the Punjab State Power Corporation.

Colorado community solar

Governor Hickenlooper installing solar panels at the 64kW array. Source: GRID Alternatives

The Colorado Energy Office (CEO) and governor John Hickenlooper have launched an in-state community solar array for low-income residents in Fort Collins Utilities’ service territory.

The 64kW array is the fifth community solar array in Colorado to provide benefits for low-income households in Fort Collins. It was developed in collaboration with GRID Alternatives as part of an ongoing initiative to deploy 1MW of community solar across the state and will meet around 50% of the energy needs for up to 20 eligible families.

In August 2015 GRID Alternatives received a US$1.2 million grant from CEO to partner with utilities to implement community solar projects for the low-income resident bracket. 

Mato Grosso do Sul grants ICMS exemption

Now most Brazilian states have granted the exemption. Credit: CERNE

Mato Grosso do Sul has become the latest Brazilian state to grant solar PV consumers an exemption from the ICMS state sales tax under the net metering scheme.

This was announced by governor Reinaldo Azambuja after meeting with secretary of environment and economic development Jaime Verruck, secretary of finance Márcio Monteiro and the board of the Association of Photovoltaic Solar Energy (Absolar).

As a result, consumers who choose to generate their own energy through renewable sources can exchange energy with the local dealership and get discounts on the electricity bill.

Azambuja said: “Our state was the only one who had not yet integrated into this proposal. As it is in line with our sustainable development policy, we decided for us to integrate the covenant.” 

Iran to add 10MW of solar by March, says energy minister

Iran's energy minister Hamid Chitchian. Source: Flickr/GovernmentZA

Iran has plans to bring online 10MW of solar by the end of the Iranian calendar year (20 March 2017), energy minister Hamid Chitchian has said.

Chitchian made the announcement at the inauguration ceremony for Iran’s largest solar power project in Arak last week, according to the Tehran Times

The Arak Solar Energy Project has a total capacity of 1MW and is comprised of four separate 250kW units. This follows similar small capacity solar plants in the provinces of Shiraz, Semnan, Taleghan, Yazd, Tehran and Khorasan.

The ambitious goal is in line with the nation’s wider goal to add 7,500MW of renewable energy capacity to the energy mix by 2030. 

EBRD providing US$55 million for renewable energy projects in Turkey

Source: Flickr/Nico Kaiser

The European Bank for Reconstruction and Development (EBRD) is providing US$55 million in new funds to invest in renewable energy projects in Turkey.

The funds are being provided via Turkey’s largest private lender Isbank to finance private companies who will invest in the projects that include solar, wind, hydropower, geothermal, waste-to-energy and energy efficiency.

The investment comes under the EBRD’s Mid-size Sustainable Energy Financing Facility (MidSEFF) now totalling €1.5 billion (US$1.64 billion). So far 50 projects have been financed through seven Turkish banks under the facility, helping to build more than 900MW of additional renewable energy capacity.

The new financing is part of EBRD’s strategy to help Turkey meet a growing demand for electricity and find cheaper and more reliable sources of energy than expensive imported fuel. 

Additional reporting by Danielle Ola

26 November 2024
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

November 15, 2024
Whitehaven Energy, a subsidiary of coal producer Whitehaven Coal, is seeking Environment Protection and Biodiversity Conservation (EPBC) Act approval to power one of its mines via a 26MW solar-plus-storage project in Australia.
Premium
November 14, 2024
China could challenge Borosil Renewables, the sole manufacturer representing an entire industry, says Hariharan & Hariharan partner.
November 14, 2024
OneEnergy has signed an asset transfer agreement with three Wisconsin companies that will see the developer build a 165MW solar portfolio.
November 14, 2024
Indian developer Tata Power Renewable Energy has commissioned a 126MW floating solar (FPV) plant in the central state of Madhya Pradesh, India.
November 14, 2024
In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.
November 14, 2024
The Northern Territory government in Australia has proposed developing an AU$400 million (US$259 million) renewable energy hub featuring six solar PV power plants in the region.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 19, 2024
Philadelphia, USA
Solar Media Events
November 20, 2024
Zhuhai, China
Solar Media Events
November 21, 2024
London, UK
Solar Media Events
November 26, 2024
Málaga, Spain
Solar Media Events
November 26, 2024
Warsaw, Poland