The US Government’s Overseas Private Investment Corporation has approved a $15 million loan for SunFunder’s new $50 million “Beyond The Grid Solar Fund.” The Overseas Private Investment Corporation (OPIC) announced on Monday approval for a $15 million loan to SunFunder’s Beyond The Grid Solar Fund, a new investment vehicle to be managed by … [continued]
ReNew Power Ventures, one of India’s rapidly growing independent renewable power producers, is in the midst of another financial deal that will give it access to much needed funding to fuel its capacity addition. ReNew Power Ventures, founded in 2011, recently announced that it signed an agreement with the Overseas … [continued]
The Overseas Private Investment Corporation has backed the development of rooftop solar PV systems in India. SAM Consultant, a US-based finance firm and a facilitator of the Overseas Private Investment Corporation (OPIC) in India, has lent $20 million to Azure Sunlight, which will be used for the implementation of 19 MW … [continued]
One of Israel’s largest concentrated solar power project is now one step closer to commissioning, after its developers announced financial closure for the project. Project developer Abengoa has achieved financial closure for the 110 MW Ashalim concentrated solar power project, which they will construct in partnership with Israeli global infrastructure group … [continued]
The US Overseas Private Investment Corporation has agreed to finance Jamaica’s first utility-scale solar PV power plant. A 20 MW solar PV project under development in Clarendon, Jamaica, has secured $47 million in debt financing under the US Government’s Caribbean Energy Security Initiative. The project is owned by Content Solar, and … [continued]
The energy-poor tend to be among the poorest people in their countries and cannot afford the high upfront costs of a quality solar solution. About 400 million people in India live in remote villages and don’t have access to an electricity grid. Millions more have only very limited access to electricity. Although … [continued]
The 7th Annual National Clean Energy Summit was just held September 4th at the Mandalay Bay in Las Vegas, NV. You ask why Mandalay Bay is significant? Well, its convention center, where the event was held, has a huge roof and they have loaded it up with solar panels. Photo Credit: … [continued]
International investment agencies approved funding for a 10 MW solar power plant in Chile’s Atacama Desert, one of the world optimal locations for solar.
The US development finance agency will provide as much as $250 million in financing for MEMC and its SunEdison solar energy subsidiary, along with two local companies, to develop a 60-megawatt PV facility in the Free State province town of Boshoff. The project is the result of the companies’ successful bid in South Africa’s historic Renewable Energy Independent Power Producers Program. […]
Solar News 1. Fort Hood and Universal Services Fort Hood Inc. have turned on a solar field of nearly 3,000 photovoltaic solar panels. “The four-acre solar field, near Liberty Village community, will generate one million kilowatt-hours of renewable energy annually for 300 single-family homes.” Photo above. 2. The 230-megawatt photovoltaic … [continued]
