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.
India installed 11.2 GW of solar in first nine months of 2022
The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.
Poweron unveils new hybrid inverters for residential solar
The Indian manufacturer has introduced wall-mount hybrid solar inverters with nominal power ratings of 3.68 kW, 4.6 kW and 5 kW. The inverters are compatible with both lead-acid and Li-ion battery.
COP27 was a crucial step forward for hydrogen – here’s why
Three import deals signed by the EU at Sharm El Sheikh during this month’s COP27 summit show the European Union is serious about harnessing green hydrogen for its heavy industry, and about distributing the fruits of the energy transition on an equitable basis.
How variable is rooftop solar power?
A research group has developed a new methodology that shows PV systems located in the same area could have similar distributions of power ramps. Their three-step method could be used for the dimensioning of rooftop arrays and the scheduling of daily operations.
Haryana tenders 30 MW rooftop solar on government buildings
The state government is accepting bids to deploy RESCO mode rooftop solar plants on government buildings in the state. Bidding closes on December 19.
A game of risk
The rising popularity of “baseload” power purchase agreements (PPAs) has posed questions to solar electricity suppliers in the German market. How can projects that do not generate at night, and with wide seasonal output variation, effectively supply constant power to consumers? More importantly, who shoulders the price risk?
