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Climbing Stairs: for Indian Rooftop Industry

India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […]

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Navisun LLC Acquires OSG Solar I LLC in Orange, Massachusetts

Navisun received financing from Ares Capital Corporation which will be used to develop, construct, acquire, own, and operate solar projects in the United States. Navisun, a solar independent power producer has announced its acquisition of OSG Solar I LLC, a 2.746-megawatt (DC) solar project located in Orange, Massachusetts that commenced operations in mid-2012. “We are […]

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Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj

This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […]

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RK Singh Meets IPPs; Assures to Resolve Issues

Singh said that their concerns would be examined into and assured them of suitable action in consultation with concerned departments to strengthen the power sector. The Union Power Minister R K Singh has met with Independent Power Producers (IPPs) and discussed about the issues faced by them. He assured IPPs to find out possible solutions. […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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AFDB Signs Deal With ISA to Propel Solar Development in Africa

African Development Bank and International Solar Alliance will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine rich African countries. In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar […]

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NDB, ISA Join Hands to Promote Solar Energy

The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […]

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ADB, ISA Sign Pact to Promote Solar Energy

The ISA and the ADB would also cooperate on knowledge sharing and developing technology roadmaps for the promotion of solar energy. The Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. Upendra Tripathy, ISA interim director general and ADB […]

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