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Saudi Arabia Indexes Bidders for First Solar Power Venture

Saudi Arabia, the world’s biggest oil exporter, has hoped to expand far from the asset and has focused on creating 3.45 gigawatts of the sustainable power source by 2020. Saudi Arabia has indexed bids by Acwa Power and a consortium drove by Marubeni to build up the kingdom’s first historically speaking solar power venture as […]

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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Petitioners Attended the Anti-Dumping Petition Hearing by DGAD

An anti-dumping duty may be described as a protectionist tariff imposed by the domestic government. All the petitioners of the anti-dumping duty matter on solar cells and modules were present at the hearing by the Directorate General of Anti- Dumping and Allied Duties (DGAD) on December 12, 2017. The Indian Solar Manufacturers Association (ISMA) as […]

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Indian Railway Finance Corporation Issues USD 500 million Green Bond

Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […]

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Canadian Solar Declared Itself of Being Awarded With a 17.87MW project in Japan

A total of 141.3MW AC of projects at a price of JPY 19.6 ($0.18) per kWh, declared on November 21, 2017, as per the results of the first auction. Canadian Solar Inc. has secured a 17.87MW project in Japan’s inaugural solar energy auction. The company is among the world’s largest solar power company. The project is set up […]

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Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing

Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […]

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Trina to Invest $500 Million in Indian Solar Industry

The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015.   The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […]

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