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NSEFI accuses NTPC and NVVN for delaying issue of CoD certificate to solar projects

NTPC and its trading arm NVVN are delaying in providing CoD certificates to plants commissioned in March, 2017, even after three months of their commissioning, although contractually required to provide CoD from 30th day of commissioning,” said NSEFI in a letter to power secretary The National Solar Energy Federation of India (NSEFI) has blamed NTPC […]

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Solar Alliance signs JDA with Thompson Machinery for Development of Commercial Solar Projects in U.S.

Solar Alliance will work with Thompson Machinery’s Power Division and a Thompson affiliated company, Aries Solar (“Aries”), to provide commercial solar solutions Solar Alliance Energy Inc. has announced that it has signed a Joint Development Agreement (“JDA”) with Thompson Machinery Commerce Corporation for development of commercial solar projects in Southeast U.S. Solar Alliance will work […]

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EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […]

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First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan

This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […]

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KERC accelerating solar projects as demand surges in Karnataka

The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […]

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SBI to Finance Rs 400 crore for 100 MW of Rooftop Solar Power Projects

With the World Bank-funded capacity development program, the SBI aims to expand and incentivize the market for rooftop solar power projects by way of low cost financing. The State Bank of India has announced its decision to finance 100 MW Solar Power Project worth Rs 400 crore. To this regard, the SBI has secured a […]

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