Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh
Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.
No funding for new coal in 2021
The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($4,598 million) in 2021. No new project finance for coal was reported.
REC arm tenders 1.25 GW of ISTS solar projects
REC Power Development and Consultancy Ltd has invited global bids to develop 1.25 GW of solar projects on a build-own-operate basis in India. Bidding closes on December 26.
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.
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.
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.
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.
Actis backed BluPine Energy acquires 404 MWp operating solar assets in India
BluPine Energy, launched earlier this year by UK investor Actis, targets 4 GW of utility-scale solar, wind and storage projects in India by adopting a buy-and-build strategy.
India added 3.3 GW of solar in Q3 2022
India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations
