IFC Invests $45 Million in CleanMax Thailand for Industrial Solar Expansion
The International Finance Corporation (IFC) has announced a debt investment of THB 1,476 million (approximately USD 45 million) in CleanMax Energy (Thailand) Company Limited, a subsidiary of India-based Clean Max Enviro Energy Solutions Pvt. Ltd. (CleanMax). The investment aims to enhance clean energy access for industrial users in Thailand.This marks IFC’s first debt financing in Thailand exclusively targeting the commercial and industrial (C&I) solar segment. The funds will support the development of 35 MWp of new solar capacity, refinance 41 MWp of existing assets, and help accelerate..
Juniper Green Energy Signs 100 MW Wind Power PPA with GUVNL
Juniper Green Energy Limited has announced that its subsidiary, Juniper Green Bess Two Private Limited, has signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a 100 MW wind power project in Gujarat.The PPA has been signed for a tenure of 25 years, with power supply scheduled to commence from July 2027.In addition, GUVNL has issued a Letter of Intent (LoI) to the company for the development of an additional 50 MW wind project. The LoI follows Juniper Green Energy’s successful bid in GUVNL’s wind tender floated in January 2025.“We are proud to partner..
NHPC Floats Tender for 1.2 GW Solar Projects in Uttar Pradesh
NHPC has invited bids for setting up 1,200 MW of ground-mounted solar power projects at the Jalaun Solar Park in Uttar Pradesh under a request for selection (RfS) process.Bids must be submitted by 5 September 2025, and will be opened on 10 September. Bidders are required to furnish an earnest money deposit of Rs 100 million.The minimum bid capacity has been set at 300 MW, while the maximum is 600 MW. For a 300 MW bid, the tender fee is Rs 2 million plus 18 per cent GST. For 600 MW, the fee is Rs 3 million plus 18 per cent GST.Selected developers will enter into a 25-year power purchase agreeme..
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