Solar News

Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO

Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […]

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Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy

Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […]

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1st Source Bank Announces Financing of 10 Solar Projects in 2017

1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […]

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Future of Energy is in Storage of Energy: Suresh Prabhu at ESI

ESI 2018 showcases new avenues, ideas, and advanced technologies in Energy Storage space to implement the awaited National Energy Storage mission. Addressing the larger issues, challenges, emerging trends and a wide array of opportunities for Energy Storage, Micro-grids and Electric Vehicle solutions in India Energy Storage India (ESI) 2018 was started with a big bang. […]

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Sandstorm Withstanding Certified PV inverters by Ingeteam

Ingeteam’s two main PV inverters have both been certified to the IEC 60068-2-68 international standard by an external laboratory. Over the last few years, there has been a marked increase in the number of installations made in desert environments. This is due to the fact that deserts offer vast tracts of land at relatively cheap […]

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Uttar Pradesh Government Allows Industry to Choose Power Discom

The permission to take power from a source other than the existing distribution company will be granted by the Uttar Pradesh power transmission corporation limited and the respective discom. Ahead of the investor meet, the Uttar Pradesh government offered yet another sop to industries by giving them the option to take power from the power […]

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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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International Finance Corporation to Support Largest Solar Power Plant in Jordan

The solar plant in Jordan is 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, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […]

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