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World Bank

Modi Calls for Concessional, Less-risky Financing for Solar Projs

We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […]

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EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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M-KOPA Solar, Mastercard Join Hands for Pay-As-You-Go Solar Program 

M-KOPA will pilot Mastercard’s Quick Response (QR) payment technology in Uganda to extend the reach of its pioneering pay-as-you-go solar program. Mastercard, an American multinational financial services corporation, has entered into partnership with Kenyan pay-as-you-go solar provider M-KOPA to expand its solar energy provisioning to homes and businesses in Africa. At the Mobile World Congress both […]

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MNRE Leads from the Front to Push Solar Sector

The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […]

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Merchants to Soon Offer Products From Solar-Powered ‘Smart Shops’

Standing advisory group executive Tilak Raj Kataria said that they have taken their prompt from Gurgaon and Faridabad, where merchants are offering their items from smart shops, which have charging point, icebox, and solar panels. The North Delhi Municipal Corporation is intending to give smart shops to sellers in its locale and make distributing zones […]

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Is Trump’s Tariff a Big Deal For Solar Industry ?

The safeguard tariff on imported solar modules and cells issued by US administration begins at 30 percent in the first year, declines to 25 percent in the second, 20 percent in the third and ends at 15 percent in the fourth. Since US President Donald Trump made the announcement to impose 30 percent tariffs on […]

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West Texas To Have Largest Solar Plant Build By California Company

The new undertaking could control more than 36,000 Texas homes amid top use in the late spring. 174 Power Global Corp. has a 25-year contract to offer the energy generated by the Midway Solar plant to Austin’s city-possessed utility Austin Energy. California based solar company is wanting to manufacture and work a 182-megawatt solar office […]

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Donald Trump’s Tariff on Imported Solar Panels Will Cost 23,000 Jobs: SEIA

The Donald Trump administration has decided to slap a whopping 30 percent tariff on solar cells and washing machines imported from China. The Solar Energy Industries Association (SEIA) has stated that the 30 percent tariffs on imported solar panels and cells will cost the United States 23,000 jobs. Angered by the Trump’s decision, the trade […]

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India Asset Examined to Exit SkyPower Global by ReNew, Greenko, Hero

SkyPower won contracts to set up three solar ventures of 50 MW each in Madhya Pradesh in June 2015 and four tasks of 50 MW each in Telangana in August that year. No less than three Indian engineers are looking at the advantages of Canadian sustainable power source organization SkyPower Global, which intends to leave India […]

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