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financing

KfW and IREDA signs 6th Line of Credit (LoC) for € 20 million

KfW Development Bank and Indian Renewable Energy Development Agency Ltd. (IREDA) have signed € 20 million Loan Agreement to be utilized by IREDA for “Access to Energy” by financing Renewable Energy projects in India. The 6th Line of Credit (LoC) signed between KfW and IREDA is on standalone basis without sovereign guarantee from Government of […]

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Solar Park in India: Scope, Status, Achievement, and Challenges

India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy.  The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […]

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Panasonic introduces new solar panel installer program

Panasonic Eco Solutions North America has introduced new solar panel installer program for participating installers. The new program will allow installers to take advantage of valuable marketing, training and partner support initiatives to help develop their business. This program is comprised of two separate categories, “Authorized Installer” and “Premium Installer”, each of which come with […]

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RECOM partners with WEDIS Group for 10MW photovoltaic plant in Fuerstenwalde, Germany

RECOM announces the construction of a 10MW photovoltaic plant in Fuerstenwalde, Germany. The company has partnered with investment group WEDIS Group AG and is providing bridge financing for the construction of the entire project, which began this month. Over 35,000 of RECOM’s Black Panther 285 mono high efficiency panels will be installed and are expected to produce approximately 10,000 MWh/year of energy from the […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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SPI Energy enters into strategic partnership with General Energy Solutions

SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […]

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Solar Fastest Growing New Energy Source in India: Mercom Capital Group

Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […]

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Sungage Financial adds Vikram Solar to its approved vendor list

Sungage Financial has listed the Tier 1 solar module manufacturer Vikram Solar as an approved vendor. Vikram Solar Modules can now be installed in any residential solar system that is using financing from Sungage Financial. Ken Oatman, Head of Business Development for the Americas said “After Vikram Solar achieved various certifications such as UL and […]

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