Astronergy secures 996 MW in China Huadian’s PV module bidding

Astronergy secured a significant 996 MW bid and a 2,000 MW framework bid from China Huadian Corporation’s PV module procurement. Astronergy played a crucial role in the Tacheng Solar Power Project, contributing 642 MW of high-efficiency ASTRO PV modules. Astronergy aims to dominate the industry with a projected 55 GW capacity in 2023, expected to…

Vikram Solar and U.S. DFC collaborate for PV manufacturing

Vikram Solar partners with U.S. DFC at COP28, securing a Retainer Letter for its 3 GW Tamil Nadu manufacturing facility. The collaboration amplifies Vikram Solar’s role in the clean energy revolution, strategically expanding PV module manufacturing and integrating backward into solar cell production. Aligned with DFC’s climate strategy, this initiative signifies a pivotal step towards…

OCIM and CubicPV’s secures strategic supply partnership

CubicPV and OCIM Sdn.Bhd. announce an $1B, eight-year supply agreement for U.S.-compliant silicon. The deal ensures a stable polysilicon supply for Cubic’s upcoming U.S. factory, mitigating supply chain risks and meeting stringent quality standards. The fully traceable silicon aligns with U.S. laws and customer requirements. In the past six months, Cubic achieved high wafer production…

JA Solar achieves 100% bankability in BNEF’s 2023 survey

JA Solar is recognized as 100% bankable in the 2023 BNEF survey, showcasing robust operational and financial strength. The evaluation, based on key industry metrics, included responses from global banks, funds, solar contractors, power producers, and advisers. The report also highlighted JA Solar’s outstanding performance in the 2023 PV Module Reliability Scorecard by PVEL and…

AIKO wins ESG transparency award

AIKO has been honoured with the ESG Transparency Award, presented by EUPD Research. This accolade recognizes exemplary environmental, social, and governance reporting, emphasizing transparency in ESG reports. AIKO achieved the highest “Excellent” rating in the jury’s evaluation, demonstrating its commitment to sustainable and ethical practices.

GEDA invites bids for 3 MW project at Mormugao port

Goa Energy Development Agency invites bids for a 3 MW solar power plant at Mormugao Port Authority. The project includes design, construction, and 10-year comprehensive management. Bidders must submit online by December 26, 2023. The project cost is approximately 16.58 Crores (excluding GST), with a pre-bid meeting and site visit scheduled for December 13, 2023….

Jamaica seeking bids for 298 MW renewable energy project

Jamaica Public Service Company seeks bids from EPC contractors for a 115 MW solar, 171.5 MW BESS, and 12 MW onshore wind project. Construction will occur in phases between 2025 and 2027. Solar plant construction begins in Q4 2025, BESS construction starts in Q3 2025 with completion in phases, and wind plant construction begins in…

Indian Railways initiates 2.0 MWp solar project tender

Indian Railways seeks tenders for a 2.0 MWp rooftop solar project at Sealdah Division through Public-Private Partnership. The project, with 50 kWp modules across 40 locations, includes design, construction, and operation responsibilities. The power generated will supply Sealdah Division under a developer-mode Power Purchase Agreement. Tender submission ends on 01-01-2024, with bid opening on 26.12.2023.

European Energy delivers strong financial results

European Energy achieved robust performance in Q3, recording an EBITDA of over EUR 78M and a profit of EUR 59M. The gross pipeline expanded to 60 GW, marking an 11 GW increase in the last year. Notably, 1.7 GW of projects transitioned to the ready-to-build phase in 2023, while managed assets generated 1 TWh in…