SUBSCRIBE NEWS LETTER

solar capacity

Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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Pre-bid Meeting for 10K MW Held, 29 Companies Participated

The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […]

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Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten

Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […]

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Nigeria Eyes 30% Renewable Energy by 2030 to National Grid

A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […]

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Viz-A-Viz with Damian Miller, CEO, Orb Energy

Q. Could you please tell our readers about Orb Energy and its journey? NP Ramesh and I were colleagues at Shell Solar for almost seven years. After Shell exited the solar market in 2006, we secured venture funding and started Orb Energy (Orb) in India. By the start of 2007 we had started full-fledged operations […]

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Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project

This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […]

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ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects

All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […]

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Possibility of Making India the Storage Manufacturing Hub (LI-ion Battery)

As the world is advancing in shifting from fossil based energy to renewable energy India too is aspiring for the same. To match the pace, India would however need a strong and sustainable energy storage industry. Right from the electric vehicles to grid applications and telecom sector to solar storage, some of the major energy […]

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CEL Release EoI for PV Cell, Module Manufacturing in India

The main purpose of the initiative is to increase the production capacity of CEL and bring down the prices of photovoltaic (PV) solar cells in India. Its aim is to make components are financially viable for the market. A government enterprise, Central Electronics Ltd (CEL) has invited expression of interest (EoI) for the construction of […]

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