Solar Power

US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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Launch scheme to provide jobs through solar project: Parliamentary panel

A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […]

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Fitch assigns BBB- to IREDA’s issuer default ratings

Fitch Ratings today said it has assigned BBB- to long-term foreign and local currency issuer default ratings on Indian Renewable Energy Development Agency with a stable outlook. “Fitch Ratings has assigned Indian Renewable Energy Development Agency Ltds (IREDA) long-term foreign and local currency Issuer Default Ratings (IDR) of BBB- and short-term IDR of F3. The […]

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Meyer Burger announces 99.9% of the subscription rights have been exercised by the end of the rights exercise period

Meyer Burger Technology has announced that 99.9% of the subscription rights have been exercised by the end of the rights exercise period on 15 December 2016. A total of 456,851,800 new registered shares had been offered. Existing shareholders were offered to subscribe for five new registered shares at an offer price of CHF 0.36 per […]

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Vikram Solar appoints Nimish Jain, Jinko Solar’s Deputy Director APAC as Head of Global Module Sales

Vikram Solar has announced the appointment of its new Head of Global Module Sales- Nimish Jain. In the given role, Nimish would be responsible for driving sales in both domestic and international markets. He would also supervise the accomplishments of targets and P&L of the year, along with recruiting and managing the sales team. Talking […]

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10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital

Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW.  The top 10 […]

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Odulair launches 100% Solar Powered Mobile Health Clinic for Clemson University

Odulair recently launched its first 100-percent solar-powered generator-free mobile clinic for Clemson University. According to Odulair its solar mobile clinic does not require, nor include, a generator as everything in the clinic is powered by the company’s proprietary Solanda Mobile Solar System. In 2013 Samsung launched Africa’s first partially solar powered mobile health center; the […]

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Oil India Limited inaugurates 40kW solar plant for eco-tourism project

PSU energy firm Oil India today inaugurated a 40 KW solar power plant, which will supply electricity to an eco-tourism project in Dibrugarh district. Utpal Bora, Chairman and Managing Director, Oil India Limited, inaugurated a 40 KW solar power plant in Sasoni Merbeel Eco-Tourism Project, which has been provided by OIL under the company’s CSR […]

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