SUBSCRIBE NEWS LETTER

Indian market

USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar

USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […]

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KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL

VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […]

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Solis Bags Smart Inverter Award At Indian Rooftop Solar Congress 2021, Gets Ready For Solar + Storage Era

Solis participated in the 8th Annual Indian Rooftop Solar Congress 2021 which happened on 21st-22nd Jan 2021. Being the premier conference for defining the latest industry needs, it brought together leaders, key decision-makers from all the stakeholders of the rooftop solar industry including project developers, EPC contractors, service providers, financial institutions, solar equipment and component […]

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Senvion Enters Agreement to Sell 100% of its Indian Operations

Senvion GmbH has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India Senvion GmbH has announced that it has entered into contractual agreements for the sale of 100 percent of its Indian operations i.e. Senvion India on December 1, 2020. Senvion had previously ring-fenced the Senvion India […]

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Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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Bifacial PV’s Getting Indian Developers Interested In Trackers Again: Dan Shugar

Since co-founding Nextracker in 2013, CEO Dan Shugar has made it one of the manufacturing success stories of the sector. The firm has delivered trackers for over 35 GW of solar plants till now. The firm has now expanded its portfolio to include yield and performance software and global services. SaurEnergy Group Editor Prasanna Singh […]

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Indian Oil Powers up Rooftop Solar Plant at Northern Regional Office

The Indian Oil Corporation has announced that its northern regional office in the national capital has commissioned a 50 kW rooftop solar power plant. The Indian Oil Corporation (IOCL) has announced that its northern regional office in the national capital has commissioned a 50-kilowatt (kW) rooftop solar power plant to electrify the building. “The solar plant has 150 solar panels of 335 […]

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ArcVera Renewables Forays into Indian Renewable Energy Segment

ArcVera Renewables, an international provider of consulting and technical services for wind, solar and hybrid energy storage projects, has announced its entry into the fast-growing Indian renewable energy market. The firm has set up its first office in India in Bangalore. The company stated that it has assembled a team of international experts to deliver […]

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