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solar project finance

World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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Intersolar India Exhibition and Conference To Be Held From December 5-7, 2017

The event will have Special Exhibitions on Electrical Energy Storage and Power2Drive. Intersolar India Exhibition and Conference will open its doors in less than a week on December 5 -7, 2017 at the Bombay Exhibition Centre(BEC) in Mumbai, providing a platform for all industry professionals to meet, exchange, discuss challenges and solutions and promote the […]

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Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions

MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […]

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ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan

The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […]

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Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022

Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […]

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VINCI Energies Wins the Contract to Build Eight Solar PV Plants in Senegal

The full set of solar PV plants will generate enough power to cover the annual needs of 140,000 people and will avoid atmospheric CO2 emissions amounting to 18,919 tonnes per year, equivalent to the emissions of a car driven 135 million kilometres. VINCI Energies, via its brand dedicated to energy transition – Omexom, has been […]

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International Solar Alliance Energizing Future

India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […]

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China Aims To Install Record Amount Of Solar Power Capacity

China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […]

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