Solar Projects

Sungrow PV and Energy Storage Equipment Powers Five Maldivian Islands

The 2.7 MWp of solar and 700 kW / 333 kWh energy storage project, for which Sungrow has supplied the entire PV and energy storage system solution, including PV inverters, storage inverters, the energy management system, and Li-ion batteries by the Sungrow-Samsung SDI joint venture Sungrow has announced that it has installed PV and energy […]

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Haryana to Grant Additional FAR for Projects with Solar Power, Waste Plant

The state government has made a provision in the Haryana Building Code 2017 to grant of benefit of additional FAR in case the applicant proposes to install solar photovoltaic power plant (SPPP) and solid waste management plant (SWMP). The Haryana government will grant additional floor area ratio (FAR) to builders who install solar units and […]

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First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan

This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […]

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Vivint Solar to Relaunch Residential Solar Energy Services in Nevada

Vivint Solar closed its operations in Nevada in 2015 following regulation that changed solar net energy metering rules and the state’s primary utility reaching its net metering cap Vivint Solar has announced that it plans to re-enter the Nevada market to bring its affordable residential solar systems to residents. Vivint Solar announced its intention to […]

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Indian Navy to Setup 19 MW Solar Power by 2018

Indian Navy has pledged 1.5 percent of its works budget to renewable energy generation, and contribute towards national mission of achieving 100 GW solar power by 2022. To achieve the national mission of 100 GW solar power installations by 2022, the Indian Navy will be adding up 19 MW of solar PV by 2018, in […]

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KERC accelerating solar projects as demand surges in Karnataka

The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […]

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Ujaas Energy to Develop 15 MW Solar Power Project for HAL in Maharashtra

Ujaas Energy will design, engineer, manufacture, procurement, supply, construction, erection, testing and commission the 15 solar power project in HAL Ojhar Township, Nashik. The Indore based EPC firm, Ujaas Energy has secured a 15 MW ground-mounted solar power project for Hindustan Aeronautics Limited (HAL). The project will be developed on turnkey basis at the at […]

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SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects

With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […]

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ADB and PNB sign $100 million loan to finance Solar Rooftop projects

PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […]

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