Global solar corporate funding up 42% in 2023
Investors and developers raised more than $34.3 billion in 160 deals last year, according to a new report by Mercom Capital.
The solar rebound effect in residential PV
The rebound effect consists of a reduction in expected gains from a more resource-efficient technology as a result of behavioral or systemic change. An international research team has investigated this phenomenon in the residential PV segment in Vietnam and has found that it could happen in any country where the policy supporting solar power is not fully and scientifically explained.
UPPCL, SECI sign 1 GW solar power sale agreement
The Uttar Pradesh Power Corp. Ltd (UPPCL) will procure 1 GW of solar power from interstate transmission system (ISTS) connected projects with SECI as the intermediary procurer (trader).
NTPC launches 1 GW wind-solar hybrid tender
NTPC has invited bids to develop wind-solar hybrid projects for supply of 1 GW of power. The project can be located anywhere in India and must connect to the interstate transmission system.
Manoj Kohli, Mahesh Makhija appointed to Sunsure Energy Board of Directors
Sunsure Energy has appointed former SoftBank India head Manoj Kohli and renewable energy specialist Mahesh Makhija to its Board of Directors.
Blended finance key to scaling small-scale solar projects
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
Philippines proposes register for PV system installers
The Philippines’ Department of Energy (DOE) is moving ahead with plans to require solar system installers to officially register with it. The DOE says that only registered installers will be recommended to government entities seeking PV installation services.
SJVN gets Letter of Intent from GUVNL for 200 MW solar project
SJVN Green Energy Ltd will develop the project on a build-own-operate basis and supply the power generated to Gujarat Urja Vikas Nigam Ltd under a 25-year power purchase agreement. The project can be located anywhere in India.
Larsen & Toubro wins 75 MW floating solar project
Larsen & Toubro, an Indian multinational EPC provider, has secured the contract to build a 75 MW floating solar PV plant on Panchet Dam.
Gensol Engineering raises INR 900 crore equity through preferential round
Gensol Engineering, a solar EPC and electric mobility solutions provider, has raised INR 900 crore ($108.46 million) equity capital from international and domestic investors.
