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.
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 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, an Indian multinational EPC provider, has secured the contract to build a 75 MW floating solar PV plant on Panchet Dam.
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.
Acciona Energy expects to complete the 412 MWp solar PV project by 2025. The plant will be the Spanish renewable energy developer’s largest project in the country.
India Energy Week (IEW) 2024 is being organized by the Federation of Indian Petroleum Industry (FIPI), under the aegis of the Ministry of Petroleum and Natural Gas, from Feb. 6 to 9, 2024.
Developers have until March 15 to lodge their interest in setting up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission grid.
Torrent Power will develop 150 MW of solar projects for supply of power to the seawater desalination plants being set up by Shapoorji Pallonji and Company in Gujarat.
Lithos applied for a $30 million DOE grant, which will help increase the facility’s capacity to sustainably process lithium hydroxide.
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