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Renesola Secures USD 12 Million Financing for 19 MW Solar Project

ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […]

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SECI Extends Timelines for Implementation of 97.5 MW Rooftop Solar Scheme

SECI has extended the timelines for the implementation of the 97.5 MW rooftop solar PV systems scheme for government buildings in different zones of India. The Solar Energy Corporation of India (SECI) has extended the timelines for the implementation of the 97.5 MW grid-connected rooftop solar PV systems scheme for government buildings in different zones […]

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Axpo Subsidiary Urbasolar to Build 37 new Solar Plants in France

Axpo Holding has announced that its subsidiary Urbasolar is accelerating its growth in France by developing 37 new solar plants across 16 French departments Swiss utility Axpo Holding has announced that its subsidiary Urbasolar is accelerating its growth in France by developing 37 new solar plants across 16 French departments in collaboration with French bank […]

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Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report

Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […]

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Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam

Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […]

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Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode

MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […]

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MNRE Slashes Benchmark Costs for Rooftop Solar Installations

MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […]

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Navy Station in Raigad Brings Online 2 MW Solar Power Plant

The first 2 MW solar power plant of the western command of the Indian Navy was inaugurated at the IN Karanja Station in Raigad district of Maharashtra. The first 2 MW solar power plant of the Indian Navy was inaugurated at the IN Karanja Station near Uran in Raigad district of Maharashtra on July 21, 2020, officials said. Vice Admiral […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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