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Azure Power Ties up with Overseas Private Investment Corporation (OPIC)

Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […]

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Waaree Energies installs solar rooftop panels at Growel’s corporate office in Mumbai

Waaree energies have installed solar rooftop panels at Growel’s corporate office located in Growel’s Mall– one of the most popular shopping centers in Kandivali, Mumbai. Waaree notes that that solar panel system has played a significant role in reducing the shopping mall’s carbon footprint – eliminating almost 2, 23, 200 kg of carbon dioxide. The complete […]

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Mohali Municipal Corporation goes solar with 70 kW rooftop solar panels

Solar energy Moving towards renewable energy, Mohali Municipal Corporation (MMC) has installed solar panels on its roof, thus becoming the first government building to have such panels in the district. Mohali Municipal Corporation (MMC) has installed 70 kW solar panels on the roof of MC Bhawan in Sector 68. The building will be using the […]

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Darwin International Airport completes its first phase of 5.5MW solar farm

Darwin International Airport has completed first phase of 5.5MW solar farm, switching on 4MW installation that will ultimately supply 25 percent of airport’s power needs. It is believed to be the world’s largest airport solar system. The Darwin Airport solar plant array, which is a $13 million project, will be adding another 1.5MW in phase […]

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ReNew Power acquires 5-MW Solar Plant PPA for Chandigarh International Airport

ReNew Power Ventures Private Limited, one of the India’s top renewable energy company has acquired a PPA for 5-MW solar plant installation from Chandigarh International Airport (CHIAL). The solar project is said to use Single Axis Tracker Technology for improved efficiency. The agreement duration for the 5-MW project is 25 years and was earlier in […]

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RPO enforcement and REC markets need to be revived and net metering needs to be simplified: Kunal Chandra, head of PROINSO India

PROINSO has two divisions; Distribution & Integration and EPM (Engineering, Procurement and Management) for projects. The company offer supply and services to installers, construction companies and clients for utility, commercial and residential projects worldwide. With decade of solar experience, Proinso has 27 offices across 6 continents. Kunal Chandra, head of PROINSO India shares with us […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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Karnataka State Warehousing Corporation Buildings to get Roof-top Solar Units

State-held Karnataka State Warehousing Corporation is set to install rooftop solar PV units with a total capacity of 68 MW on these buildings. The state cabinet has cleared a proposal to setup roof-top solar units in Karnataka State Warehousing Corporation buildings. Law Minister T.B. Jayachandra said that solar units would be installed under the public-private-partnership […]

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Surat Municipal Corporation signs MoU with SECI to tap into solar power

Surat Municipal Corporation (SMC) on Monday inked Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to generate solar power from rooftop of the buildings. The MoU was signed by Surat Municipal Commissioner Milind Torwane and SECI managing director Ashvini Kumar. Under the MoU signed SECI will set up solar power plants on […]

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