SUBSCRIBE NEWS LETTER

solar project finance

AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten

The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […]

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IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […]

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Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar

Mukesh Kumar has been appointed as the Vice President of Finance and Investments at Cleantech Solar, a firm dealing with renewable energy solutions to corporations in India and Southeast Asia, the firm announced in its latest press statement. Mukesh has spent the last 14 years dedicated to the renewable energy segment and has experience of […]

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CERC Awards Compensation To Indigrid Solar Over Change In GST Rates

In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […]

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Jamshedpur To Be Illuminated By Solar Streetlights & High Masts

Jamshedpur in Jharkhand will soon be bathed under the solar lights as new plans are being charted for the industrial city and the area. Jamshedpur district has 27 Zila Parishad Constituencies or district council constituencies. Now Zila Parishad chairman Bari Murmu has said that each of the constituencies in Jamshedpur will receive 100 solar street […]

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Sr. Engineer/Asst. Manager – Design – Solar

To prepare the electrical design, SLD and layout for Rooftop & Ground mounted PV Projects To be responsible for selection of components, makes and specs of the various components used for Ground mounted PV Projects To clarify all concerns of the installation teams and amend drawings to as built conditions To work with procurement team […]

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Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project

Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […]

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AGM – Sales & BD – Solar (International)

Formulate global market strategy and support ReNew’s efforts to expand market presence and growth in US and Europe Researching, identifying, sourcing, generating and classifying new sales opportunities for Solar Mfg Business (Module Sales) in the International Market (US, EUROPE etc) Stay informed about international regulatory frameworks, standards, and requirements pertaining to renewable energy in above […]

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BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat

Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […]

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