Energy Conversion to co-develop solar project
ONTARIO - U.S. solar power company Energy Conversion Devices said it will partner with Enfinity Corp to develop a 10 megawatt portfolio of rooftop solar installations in Ontario, Canada, under the province's new feed-in-tariff program.
Ontario launched North America's most comprehensive and generous set of feed-in tariffs in October, which guarantee sellers of electricity produced from the sun, wind, water and biomass fixed, above-market prices for 20 years.
Energy Conversion said Enfinity will lead the rooftop acquisition and will arrange construction debt and take-out equity financing for the projects.
The projects portfolio will be sold to the permanent equity owners on completion, the companies said in a joint statement.
Several firms have recently said they are considering production in the country, including South Korea's Samsung Group.
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NTPC bags order to supply 300 MW electricity to Bangladesh
NEW DELHI - NTPC, India’s biggest electricity producer, on Tuesday said it has won a tender to supply 300 megawatts (MW) of electricity to Bangladesh for 15 years.
Bangladesh Power Development Board (BPDB) had invited tenders for supply of 500 MW power from India for short term (1 June, 2018 to 31 December, 2019) and long term (1 January, 2020 to 31 May, 2033). NTPC Vidyut Vyapar Nigam (NVVN), Adani Group, PTC and Singapore-bases Sembcorp submitted bids by the scheduled date of 11 January.
Financial bid was opened on 11 February, the company said in a statement. “NVVN, wholly-owned subsidiary…
