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Indian market

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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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC

Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […]

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FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy

Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […]

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Solar Industry Body Says Import Obligation on Solar Panels will Hurt Makers

India has 3.1 GW of the introduced limit of solar cells out of which 2 GW is arranged in SEZs. All India Solar Industries Association (AISIA), the industry assemblage of local solar power producers, today said it is against inconvenience of any sweeping protection obligation on import of solar panels and cells referring to worries […]

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Adani Group in the List of World’s Top 15 Utility Solar Power Developers

Adani, positioned twelfth, is the main Indian organization on the rundown put out by Greentech Media, a Wood Mackenzie business. Adani Group has been named in the main 15 worldwide utility sun based power designers that incorporate preferences of First Solar, Total, SunEdison and Engie. Adani, positioned twelfth, is the main Indian organization on the […]

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GAIL Installs India’s Second Largest Rooftop Solar Plant in Uttar Pradesh

The rooftop solar plant in Uttar Pradesh will generate over 79 lakh kilowatt hour (KWh) of electricity. State-run gas transmission utility GAIL India Limited said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The firm has installed 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at […]

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Probe on Surging Duty for Solar Cell Imports Began By Government

India is targeting to 100 GW solar capacity by 2022. The current installed capacity is about 15 GW. India began to probe to determine imposition of safeguard duty on surging imports of solar cells with a view to protect domestic manufacturers. Domestic manufacturers have approached the Directorate General of Safeguards (DGS) with a complaint that […]

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