SUBSCRIBE NEWS LETTER

solar project finance

FMO, OPIC with Others Invests Rs 95 Cr in Orb Energy

Based out of Bengaluru, Orb gives solar energy frameworks, for example, solar panels and water radiators and has sold more than 150,000 frameworks in India since commencement in 2006. Solar energy systems producer Orb Energy has raised over Rs 95 crore ($15 million) in a section value and part-obligation round from the Dutch improvement bank […]

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ReNew Power Raises Rs 2,235 Crore From NCD

The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […]

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Operation & Maintenance Testing Equipments

Globally, we now have a total of 305GW of solar power installed, up from around 50GW in 2010 and virtually nothing at the turn of the millennium. The experts have termed this growth “very significant” and have spoken briefly on the need to have solar power as an important measure for the world to meet […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector

The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […]

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NEXTracker Announces Series of Energy Storage Systems

NEXTracker’s energy storage portfolio provides customers with configurable and intelligent solutions for new and retrofitted power plants and stand-alone applications. NEXTracker, a Flex company has announced NEXTracker Energy Storage Solutions, a portfolio of products that includes NX Drive and NX Flow. NX Drive is a standardized battery enclosure system for generation-plus-storage or stand-alone storage applications. […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty

In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […]

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ISA to become a Treaty-based International Intergovernmental organization tomorrow

46 countries sign and 19 ratify the Framework Agreement of ISA In terms of its Framework Agreement, with ratification by Guinea as the 15th country on 6th November 2017, the International Solar Alliance (ISA) will become a treaty–based international intergovernmental organization tomorrow on 6th December 2017. The ISA, headquartered in India, has its Secretariat located […]

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