SUBSCRIBE NEWS LETTER

solar power projects

First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan

This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […]

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Indian Navy to Setup 19 MW Solar Power by 2018

Indian Navy has pledged 1.5 percent of its works budget to renewable energy generation, and contribute towards national mission of achieving 100 GW solar power by 2022. To achieve the national mission of 100 GW solar power installations by 2022, the Indian Navy will be adding up 19 MW of solar PV by 2018, in […]

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Equis Energy Completes 130 MW of Solar Power Capacity in India

The solar power parks at in Sadasivpet and Minpur produces 211,116 MWh of electricity a year. Singapore-based renewable energy developer, Equis Energy has commissioned two solar parks in India’s Telangana state, with a combined generating capacity of 130 MW. The solar parks are located in Sadasivpet and Minpur. The Sadasivpet park was completed a month […]

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KERC accelerating solar projects as demand surges in Karnataka

The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […]

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NEXTracker Achieves 1 GW of Solar Tracker Sales in India

NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […]

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ADB and PNB sign $100 million loan to finance Solar Rooftop projects

PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […]

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Amara Raja, Juwi India, Luminous Power and 68 other de-empaneled by MNRE

MNRE stated the empanelment of these de-empaneled channel partners will not be considered for next one year. The Ministry of New and Renewable Energy on Wednesday announced that it has de-empanelled 71 channel partners/ new entrepreneurs including Juwi India Renewable Energies Private Limited, Amara Raja Electronics Limited and Luminous Power.  These channel partners has been […]

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IBC SOLAR Commission 22.5 MWp Solar PV project in Phalodi, Rajasthan

IBC SOLAR in India had the lead and overall responsibility for the solar PV project, the engineering and technical supervision was done by the German parent company, who also provided some key components. IBC SOLAR has announced that it has commissioned its sixth solar PV power plant in Rajasthan in the north of India. The […]

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