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Enphase Energy’s Enphase AC Battery is now available in Australia and New Zealand

Enphase Energy has announced that Enphase AC Battery is now available from authorized distributors and accepting orders from installers in Australia and New Zealand. The first global shipment is expected to arrive in Australia in August this year. Company’s partner network of over 1,000 installers located in the region will be the first in the […]

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U .S. and Indian solar market to grow at triple-digit rates: GTM Research

GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while  two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […]

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Risen Energy announces primary order placements of 175MWp Solar PV Modules by India’s Mytrah

Chinese solar module producer Risen Energy has announced the primary order placements of 175MWp Solar PV Modules by India’s Mytrah Energy for dispatch during 2016. Mytrah’s recently received approval of a USD 175 million direct loan facility from Asia Development Bank (ADB) to assist its growth plans within India, which include the option of purchasing […]

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Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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BORG Energy starts selling its Solar Photo Voltaic Panels in the Indian market

BORG Energy Pvt. Ltd has started selling its Solar Photo Voltaic Panels in the Indian market. The company changed its sales strategy for the Indian market after seeing positive response for its newly introduced solar power solutions. BORG Energy’s sales strategy until now was limited to supply and sell of its turnkey Solar Photo Voltaic […]

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USAID, ADB signs MoU to develop solar parks across India

The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […]

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Panasonic’s Solar Lantern Deployment Crosses 14000 mark in India

Panasonic has passed the halfway mark of “100 Thousand Solar Lanterns Project” with cumulative number of solar lanterns donated exceeding 50,000 on March 10, 2016. Panasonic’s project started in February 2013 with a donation of 3,000 units to Myanmar, followed by donations to other areas in Asia and Africa without access to electricity. The number […]

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Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal

The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […]

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