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Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment

Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […]

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Electriq Power Secures $300 Million for Solar+Storage Financing

Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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Solar, Wind Account for 92% Of Capacity Additions In 2022 In India

New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […]

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SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi

SECI has invited bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) floating solar PV project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. It’s a global tender. The SECI tender says that the last date for bid submission has been kept on May 2, 2023 and […]

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Punjab Invites Bids for 10 MW Cumulative Grid-Connected Rooftop Solar PV Systems

Punjab Energy Development Agency has issued a tender for the implementation of a tentative 10 MW cumulative grid-connected rooftop solar PV systems under RESCO mode at various locations in the state of Punjab. The tender fee is Rs 5,000. The processing fee is Rs 2,360. The EMD amount is Rs 20,00,000 (two lacs per MW […]

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Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative?

Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […]

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Himachal Pradesh Power Corp Invites Bids for Supply of 32 MW Solar Power Project

Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction and erection, testing, commissioning and operation and maintenance for 8 years of 32 MW (AC) solar power project at Pekhubella, Una, Himachal Pradesh. The EMD is Rs 3.70 cr. The document fee is Rs 15,000. The last date for submission of […]

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Bangladesh Issues Three Solar Tenders for Cumulative Capacity of 77.6 MW

Bangladesh Power Development Board (BPDB) has issued three tenders with a cumulative capacity of 77.6 MW . It has invited bids for the construction of 50 MWp (DC) solar photovoltaic grid-connected power plant at Rangunia, Chattagram, Bangladesh; construction of 20 MWp (DC) solar photovoltaic grid-connected power plant at Baropukuria, Fulbari, Dinajpur, Bangladesh and the construction […]

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