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Canadian Solar Secures $48 Mn Credit Facility For Development of Solar Projects in Japan

The Company intends to utilise the facility to develop more high-quality solar power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui […]

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MERC Approves 16 MW Solar Project in Amaravati

The commission approved the proposed 16 MW solar PV power project at Gavankund in the Amaravati district of the state. The Maharashtra Electricity Regulatory Authority (MERC) was hearing of a petition filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) and Maharashtra State Power Generation Company Limited (MSPGCL) regarding the approval of tariff for the 150 […]

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Fourth Extension For SECI’s 97.5 MW Rooftop Scheme

The deadline for bid submissions has been extended until May 21, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the third time in April. On March 28, 2019, the agency had issued amendments […]

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Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity

Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […]

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The New Generation of Backsheets Made by Bischof + Klein

History of Bischof + Klein In 1922, the company entered the packaging industry with the production of paper sacks for the neighbouring lime and cement works. Small paper packaging items and newspaper printing extended the product range. 1950 saw an increase in the production of consumer packaging. At the beginning of the 60s, B+K was […]

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India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report

Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […]

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REC Sales Drop Again, Down 65% in April to 3.68 Lakh

Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […]

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Suzlon Retains Top Position Among Wind Equipment Manufacturers in India

Like in the previous year, in 2017-18 too, Suzlon became the leading original equipment manufacturer (OEM) in India. Among the wind equipment manufacturers in India, Suzlon installed the most in FY 2018-19 with 581 MW, followed by Denmark based wind energy company Vestas with 492 MW, while Siemens Gamesa installed about 261 MW, according to […]

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World Bank’s New Program to Accelerate Sustainable Cooling in Developing Countries

The program will provide technical assistance to ensure that efficient cooling is included in new World Bank Group investment projects and mobilize further financing. The World Bank has announced a new program to accelerate the uptake of sustainable cooling solutions, including air conditioning, refrigeration and cold chain in developing countries. The program will provide technical […]

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