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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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SECI Issues Amendments For its 97.5 MW Rooftop Solar Scheme For Govt Buildings

The Solar Energy Corporation of India (SECI) has issued amendments and clarifications for the implementation of 97.5 MW grid-connected rooftop solar PV system scheme for government buildings in different states/union territories of India under RESCO/CAPEX model. Besides amendments to the provisions and guidelines of the RfS document, SECI has also extended the bid submission deadline […]

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SECI Issues Extension For 50 MW Solar Plant in Kerala

The last date for bid submission has been extended to April 4, 2019, from March 25, 2019. The techno-commercial bid opening will be carried out on the same date i.e. April 4, 2019. The Solar Energy Corporation of India (SECI) has issued an extension for the bid submission deadline (for both online and offline) for […]

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The Sunshine Sector’s Gender Challenge

Why the solar sector needs to have more women As yet another International Women’s Day (IWD) came around on 8th March this year, the theme this year was ‘Balance for Better’- A balanced world is a better world. That got us thinking about the solar sector in India. The many industry conferences with their rare […]

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DEWA & ACWA Power Reach Financial Closing on 950MW 4th Phase of MbRAM Solar Park

The solar park will produce 5,000 MW by 2030 with investments totaling AED 50 billion. Dubai Electricity and Water Authority (DEWA) and the consortium led by Saudi Arabia’s ACWA Power and Silk Road Fund, which is owned by the Chinese Government, announced the financial closing of the 950 MW fourth phase of the Mohammed bin […]

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South Pacific’s Biggest Solar Plant to Help Tonga Meet Renewable Energy Target

Spread over three sites, the solar plant will be the second biggest in the Pacific and the second that TPL has established with an independent power producer. The largest solar plant in the south Pacific will be built in Tonga through the country’s second commercially financed public-private partnership (PPP) after an agreement was signed in […]

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DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power

The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI)  and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […]

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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil

The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […]

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