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EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency

The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […]

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MEDA Issues Tender For Rooftop Solar Systems With Battery Backup

The last date of bid submission is March 06, 2019. The Maharashtra Energy Development Agency (MEDA) has issued a tender inviting bids for setting up of total 10 kW of grid-connected rooftop solar PV power plant with battery backup under rooftop net metering at five Anganwadi of Buldhana district in the state. The brief scope […]

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MTCIL Signs 15 Year Agreement For IRU Fiber Lease in Maharashtra

The first route spans 50 Kms from Kalwa to Padgha. The deal will result in near 100% network uptime from Kalwa (Mumbai) to Padgha link. Sterlite Power’s Convergence business which manages the fiber network of Maharashtra Transmission Communication Infrastructure Link (MTCIL), a joint venture between Sterlite Technologies Ltd and MSETCL (Maharashtra State Energy Transmission Company Ltd) […]

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Second Tender For 5 MW Rooftop Solar Issued in Maharashtra

The last date of bid submission is March 04, 2019. The Public Works Department (PWD) of Amravati has issued another tender inviting bids for selection of developers to set up cumulative 5 MW of solar capacity rooftop projects at various places distributed in 309 rest houses in different districts of Maharashtra. The rooftop solar projects […]

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Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022

47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […]

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Aligarh Muslim University Unveils New Rooftop Solar System

The total capacity of solar plants in the campus now stands at 6.5 MWp. Aligarh Muslim University (AMU) has recently inaugurated a new on-grid solar system on the rooftops of its Senior Secondary School-Girls, Ajmal Khan Tibbiya College, Sarojni Naidi Hall, S N Hall, Women’s Polytechnic, Bibi Fatima Hall, Department of Computer Engineering, New Hall for Girls, […]

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Kerala Issues Tender Solar System at Pre Matric Hostel

The last date of bid submission is March 02, 2019. The Kerala State Construction Corporation Ltd. (KSCCL) has issued a tender inviting online bids from the registered bidders of PWD/CPWD/Railway/Irrigation Dept. to supply and install a solar system at Pre Matric Hostel, Kozhinjambara in Palakkad District of Kerala. The last date of bid submission is […]

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Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India

The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […]

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Maldives Steps Up Renewable Adoption With 5 MW Solar Tender

The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […]

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