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solar project finance

70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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International Finance Corporation to Support Largest Solar Power Plant in Jordan

The solar plant in Jordan is the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […]

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UNSW to be 100 Solar Powered From 2019

UNSW believes it is the first university worldwide to go fully energy carbon neutral with 100% of its needs supplied by solar photovoltaics. In a first in the world university sector, UNSW has reached an agreement with Maoneng Australia and Origin Energy to have 100 percent of its energy needs met by solar photovoltaics. The […]

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ADFD Earmarks $25M Loan for Two IRENA Solar PV Projects in Mauritius, Rwanda

The projects have been recommended by the International Renewable Energy Agency (IRENA), a global platform for international cooperation on renewable energy. The Abu Dhabi Fund for Development (ADFD) has announced that it has set aside $25 million in concessional loans for two solar PV projects. The projects have been recommended by the International Renewable Energy […]

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Egypt’s Solar Power Gets $102M Support from World Bank Agency

The Egyptian government is moving forward on a mega project that involves private sector companies building solar and wind plants under a FiT scheme. The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group has announced a guarantee of $102.6 million for the construction of six power plants in Egypt. The power […]

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Dominion Energy Invests $1B in Solar

The Solar Energy Industries Association ranks Dominion Energy the sixth largest among U.S. electric utilities. More money is being invested into the solar industry by the renewable energy companies. Dominion Virginia Power parent company Dominion Energy is investing $1 billion in its solar fleet in Virginia and North Carolina, and now ranks among utilities with […]

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Rs 2,800 Cr To be Invested in Madhya Pradesh Based Solar Park by IFC

Continues of the speculation by IFC will be utilized for the development, operation, and upkeep of the solar plant. In one of the greatest arrangements in the sustainable power source space, International Finance Corporation (IFC), some portion of World Bank gathering, is near contributing $440 million or Rs 2,800 crore in Rewa Ultra Mega Solar […]

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Afghan Govt Approves 30 MW Solar Power Project in Kandhar

The decision in this regard was taken by Afghan’s Ministry of Finance who said the High Economic Council (HEC) has approved 30 megawatt solar power project plan for the southern Kandahar province of Afghanistan. The government of Afghanistan has approved solar power project contracts in the country and once operational, the projects will produce up […]

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Solar Modules Stranded at Indian Ports Because of Import Duty Altercation

Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them. Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them, sources […]

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