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Indian renewable energy companies among lowest rated: Report

India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […]

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Solar Companies Expect Easier Financing For Projects

Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […]

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Espy of Solar Sector 2017

The substratum of achieving massive solar power goals is developing a new cult for India. Not just the arid but the meadows are equally sharing rich and low vegetative lands to meet the power demand of this growing economy. It’s well said that when you change the controversy, challenge seem to be a submerged destiny. […]

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Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL)

The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept  the bids […]

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India to Invite Bids for World’s Largest Solar Tender of 20GW Capacity

The MNRE plans to award the contracts to developers who will quote the lowest price at which they will sell electricity in the auction process for the grid-linked capacity. In order to boost the manufacturing of solar power equipments at domestic stage, India is planning to invite the bids for the world’s largest solar tender […]

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Two Pirapora Projects Commissioned by EDF Energies Nouvelles and Canadian Solar Inc

The 191.5 MWp Pirapora I, 115 MWp Pirapora II and 92.5 MWp Pirapora III projects from Canadian Solar with 80% of acquired interest in each project. The 191.5 MWp Pirapora I and 92.5 MWp Pirapora III solar energy projects in Brazil, totaling 284 MWp, commissioned by Canadian Solar Inc. and EDF Energies Nouvelles. The Pirapora I […]

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NV Energy Seeks Approval for Three New Solar Energy Projects

NV Energy has submitted a separate request with the Public Utilities Commission of Nevada to utilize the NV GreenEnergy Rider program to help a major customer offset 100 percent of its next phase of growth with solar energy. In its continuing effort to serve its customers with low-cost renewable energy, NV Energy filed a request […]

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Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt

The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […]

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An Outlook of Solar Technology in India and Necessary Changes in the Roadmap

The solar technologies are emerging and growing sector across the globe, In India with the government initiative of JNNSM the growth of the solar market has been increased exponentially. The average utilityscale LCOE of solar PV have declined by around 50% between 2010 and 2014, and the present lowest power tariff signed by government in […]

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