Monthly Archives: July 2018

Fortum won the right to build 250 MW solar power plant in India

Fortum won the right from Karnataka Renewable Energy Development Ltd. to build a 250 megawatt (MW) solar power plant in Pavagada solar park in Tumkur district, Karnataka, India. Commissioning of the plant is expected in the third quarter of 2019. The capital expenditure is estimated to be approximately EUR 120 million and the solar park will be entitled to a

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Sonnedix 41.6 MW Sano solar PV plant reaches financial close and enters construction

Sonnedix Japan K.K. (Sonnedix Japan) has reached financial close on a Yen 16.5 billion non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6 MW Sano solar PV plant, on behalf of the Sonnedix group of companies (Sonnedix).    Sonnedix, one of the leading players in the Japanese solar market, currently has more than 160 MW of capacity in construction

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