IFC, a member of the World Bank Group, has arranged a financing package of up to $188 million for the largest solar photovoltaic power plant in Jordan to date—the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis.
Prosody Investments I has completed its exit from a joint venture holding a portfolio of nearly 100MWs of late-stage, distributed solar photovoltaic assets across northeast US.
Golden Concord Group, a Chinese renewable energy conglomerate will form a $930m solar manufacturing joint venture in India with Japanese multinational conglomerate Softbank Group.
India-based independent solar power producer Azure Power has won rights to develop 200MW solar project in Gujarat, a state in India.
The firm is due to sign a 25-year power purchase agreement with Gujarat Urja Vikas Nigam at a tariff of INR3.06 per kWh.