Amazon announces wind-solar hybrid projects in India
The two hybrid wind-solar projects, located in Madhya Pradesh and Karnataka, represent 300 MW of renewable energy capacity combined.
Brookfield and Amazon Web Service sign renewable energy, Cloud deal
The global renewables investor has selected Amazon Web Service as a preferred cloud provider to gain business insights, improve workplace safety, and automate hydroelectric, wind, and solar operations. In return, it has agreed to provide clean power for Amazon’s operations in Europe, North America, and India.
How Indian businesses are growing with ESG
Today, following the ESG (environmental, social and governance) mandate is more than just ticking off a box in the compliance checklist. It is taking ownership of the consequences of the businesses and working towards creating a positive impact by partnering with the right groups.
GAIL tenders 600 MW solar project in Gujarat
The state-owned natural gas company has started accepting domestic bids to install and commission 600 MW (AC) of solar capacity at Khavda Ultra Mega Solar Park. The prospective contractor will also provide ten years of comprehensive operation and maintenance for the PV plant.
India doubles nine-month open-access solar installations to 1.9 GW
India added 1.9 GW of open-access solar capacity from January to September this year, a 96% rise over the same period in 2021.
Longi signs 1.3 GW solar module supply deal with L&T
The Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro’s two solar EPC projects in Saudi Arabia.
L&T closes $107 million sustainability-linked loan
The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.
Adani Green raises $200 million in Japanese Yen-denominated refinancing facility
The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.
PV shade screens for greenhouses, agrivoltaics
A Saudi Arabian startup has developed a modular solar panel for agrivoltaic applications. It is specifically designed for locations with high solar radiation levels and protects plants and crops from excess sunlight.
SIMA-managed fund approves $1.999 million low-cost loan to Loom Solar
The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.
