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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energys (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World []

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Elgin Energy Seeking Permission to Build a 100-Acre Solar Photovoltaic (PV) Park in Kilkenny

The project will also eliminate 300,000 tonnes of carbon dioxide emissions in its whole operation lifespan of 30 years. In a slew of proposal applications to develop solar park, Elgin Energys application to build a huge 100-acre solar photovoltaic (PV) park in UKs Kilkenny. The high inflow of applications has been considered as the major []

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Solar Energy Insurance for Utility Scale Projects

With each step towards achieving 100GW solar power goal by 2022, the momentous development of solar insurance and reinsurance market in India could not come at a better time. When it comes to new and innovative financing models, growing number of large-scale solar PV power plants and reduction in the feed-in tariff has spurred the []

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Two PV Projects for Pakistan and Brazil Allotted to Siemens

The Bahawalpur PV project in Pakistan will have a generation capacity of 100MW, but is also expected to be expanded to a capacity of 300MW in the near future The two PV projects based out in Brazil and Pakistan has been sanctioned for the installation and the German technology company Siemens has received the contract []

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juwi Commissions Two Solar Power Projects in Turkey

The 18.6MW project consists of 18 separate solar power plants and is located in the cities of Konya and Nevşehir, while the second one is located in the city of Burdur and has an installed capacity of 1.1MW. The German juwi group, one of the worlds leading project developers and EPC service providers in the []

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next []

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, []

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 []

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India 2022 A Roadmap 100GW

India is poised to achieve a growth rate which is projected to trigger a major rise in energy demand due to demographic expansion, increasing urbanization and rising demands for mobility. By 2022, India targets solar power installation of 100GW, which is an ambitious target and requires a quantum four-fold growth in the sector. Indias total []

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