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Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems

Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […]

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Jobs in Solar – The Untold Story

  In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […]

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Maharashtra to Get Floating Solar Plants Worth 500 MW on 4 Dams

Maharashtra is all set to get floating solar power generation plants in four dams. Maharashtra is all set to get floating solar power generation plants in four dams, state Water Resources Minister Girish Mahajan told the Legislative Council. In a written reply to a question raised by NCP MLC Hemant Takle, Mahajan stated the backwater of Wardha, Bebala, […]

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70% Americans Support Nationwide Solar Mandate on New Homes

A new survey has revealed that 70% of American adults would support a nationwide mandate requiring solar panels to be installed on all newly built homes. A new survey has revealed that as many as 70 percent American adults are eager to harness solar energy as they would support a nationwide mandate requiring solar panels […]

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EDF-led Consortium Wins 600 MW Dunkirk Offshore Wind Project

An EDF-led consortium has won the project to design, build, operate and maintain the future 600 MW Dunkirk offshore wind farm. After an invitation to tender held by the public authorities, France’s Ministry for the Ecological and Inclusive Transition has selected the EDF Group, via its EDF Renewables subsidiary, in partnership with Innogy and Enbridge, […]

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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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Rooftop Solar Systems to Save NMRC Over Rs 4 Cr Annually

NMRC is in the process of installing rooftop solar panels at its all its stations to offset its power consumption by generating solar power. The Noida Metro Rail Corporation (NMRC), which launched its 21-station network in January this year, is in the process of installing rooftop solar panels at its all its stations and depot […]

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IEEFA Report on Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector

According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while undercutting coal and challenging fracked gas. The report ‘Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector’, details upstart […]

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HPGCL Floats Tender For 16 MW Solar Projects in Two Villages

The Haryana Power Generation Corporation Ltd. (HPGCL) has issued a tender for the development of two solar power projects worth combined 16 MW in Haryana. The two solar projects worth a combined 16 MW will be developed as a 10 MW plant at the Dhandlan Village in Jhajjar, Haryana and a 6 MW solar plant […]

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