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renewable energy power

JinkoSolar Supplies 7.8 MW Modules for 2 Solar Plants in Hungary

JinkoSolar has supplied I+D Energias with 7.8 MW of solar modules which were installed at two solar PV power plants in Hungary. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it has supplied I+D Energias with 7.8 MW of solar modules which were installed at two solar PV power plants in Hungary. Frank […]

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Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget

As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […]

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Solar Thermal Industry Seeks Replacement of 18% GST with 5%

Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […]

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MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme

MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Grid-Tied Solar Capacity Approaching 30 GW: RK Singh

The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […]

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PFC Raises $ 300 Million Through Syndicated Loans

PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […]

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Hanergy Bags 400 MW Solar Project in DR Congo

Hanergy has announced a strategic order for setting up a 400 MW solar power plants in Congo, the country’s first and largest solar power plant project, yet. Hanergy Thin Film Power Group has announced that it has secured a strategic order for setting up a 400 Megawatt (MW) solar photovoltaic power plants in the Democratic […]

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ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan

ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […]

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