New Delhi-based SAEL Industries has broken ground on an integrated 5 GW TOPCon solar cell and 5 GW module manufacturing facility in Jewar, Uttar Pradesh, for an initial investment of ₹82 billion (~$867.4 million). The project will span 200 acres at...

Yellow Door Energy Projects and ACWA Power, submitted bids for Bahrain’s Electricity and Water Authority’s (EWA) 100 MW Bilaj Al Jazayer solar independent power producer (IPP) project. Yellow Door Energy quoted BHD11.398 million (~$30.31 million),...

CrossBoundary Access, a company that finances and operates distributed renewable energy projects across Africa, has secured a $10 million equity investment. The funding was provided by the International Finance Corporation (IFC), a member of the...

Germany’s Federal Network Agency (Bundesnetzagentur) has announced the winners of its 2.5 GW onshore wind auction. The winning tariffs ranged from €0.0444 (~$0.05)/kWh to €0.0519 (~$0.059)/kWh. The volume-weighted average winning bid stood at €0....

Matrix Renewables, a renewable energy developer and independent power producer focused on solar and battery energy storage systems, has closed construction-to-term loan financing, tax equity commitments, and refinancing for an 859 MW solar and 167...

The Central Transmission Utility of India (CTUIL) has issued an advisory prescribing the procedure for handling force majeure and change-in-law claims under transmission service agreements. The advisory lays out the process that transmission service...

Renewable Energy Developer, Adani Green Energy (AGEL), has commissioned a 150 MW solar power project at Khavda in Gujarat through its wholly owned step-down subsidiary, Adani Renewable Energy Eight. Adani Green’s total operational renewable energy...

Power Grid Corporation of India (POWERGRID) has commissioned a 3,500 MW transmission project to evacuate power from solar energy zones in Ananthapur and Kurnool in Andhra Pradesh. The transmission project was completed under the Transmission Scheme...

The boards of directors of the Power Finance Corporation (PFC) and REC Limited have approved the scheme of merger of the two public sector non-banking financial companies that lend to power and infrastructure projects. Under the arrangement, the two...