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financing

Solar Irrigating: Farmers not only selling excess power but also saving ground water

Solar Pump Irrigators’ Cooperative Enterprise (SPICE), which began operating in May 2016, not only made a switch from diesel to solar pumps but also adopted net metering – selling excess power to the local electricity utility. Phodabhai Parmar, a 72-year-old farmer, sits on a charpai sipping tea as solar panels gleam in the fields behind […]

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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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ADB and PNB sign $100 million loan to finance Solar Rooftop projects

PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […]

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SECI to Launch Overseas Arm to Meet Demand for Solar Power Production

SECI is looking forward to launch an overseas arm by the name SECI Videsh to meet the Solar Power Production demand from globally. In a bid to cater to the overseas demand for solar power, the Solar Energy Corporation of India (SECI) is mulling international foray along with International Solar Alliance (ISA). The renewable energy […]

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ISA can act as a medium to achieve universal energy access target set up before 2030: Piyush Goyal

Piyush Goyal also said that Scaling Solar MiniGrids shall work in tandem with ISA’s over all objectives and already existing two programmes, namely Scaling Solar Applications for Agricultural Use and Affordable Finance at Scale launched on 22nd April, 2016. Minister of State (IC) for Power, Coal, Mines and New & Renewable Energy, Piyush Goyal, at […]

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CleanMax Solar signs MoU with Hitachi High-Tech to jointly offer high-end rooftop solar solutions

CleanMax Solar and Hitachi High-Tech aims to enable Japanese corporates in India to adopt green energy practices by providing them solar power in a low-risk, economical and reliable manner Energy solutions provider CleanMax Solar has signed a memorandum of understanding (MoU) with Hitachi High-Technologies Corporation (Hitachi High-Tech) to jointly offer high-end rooftop solar solutions to […]

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JinkoSolar completes Financial Agreements for 1,177 MW Sweihan PV Power Project in Abu Dhabi

The agreements were signed by Abu Dhabi Water and Electricity Authority (ADWEA) and Sweihan Solar Holding Company Limited (“Sweihan”), a joint venture between JinkoSolar and Marubeni Corporation (“Marubeni”), and a syndicate of international and local banks. JinkoSolar has announced that in a signing ceremony held at the Emirates Palace, the financial agreements for the debt […]

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JinkoSolar Holds Strategic Meeting with Saudi Electricity Company

Alawaji briefly introduced Saudi Electricity Company’s business operation, service and long-term business view, followed by the insight on renewable energy development, target and potential in Saudi Arabia. Xiande Li also shared about Jinkosolar’s development, scale, capacity and the latest achievements in both manufacturing and project development in solar industry. JinkoSolar has announced that its team, led […]

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