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solar project finance

UBM India Commences Second edition of RenewX in Hyderabad

launched the second edition of RenewX was held in Hyderabad on April 7-8, witnessing a congregation of South India’s green economy community. UBM India, organizers of Renewable Energy India ( REI ) Expo launched the second edition of RenewX, a two day expo (April 7-8 ) at Hitex, Hyderabad. The expo witnessed a congregation of […]

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Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India

Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […]

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IREDA to sanction Rs 13,000 crore loan for renewables in FY18

Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […]

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India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal

“India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […]

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LONGi Green Energy Technology’s Revenue Nearly Doubled in 2016

LONGi Green Energy Technology’s noticeable improvement in performance is due to the company’s successful effort in breaking free from traditional business model of relying solely on solar wafer, and adding module business to drive revenue growth said the company LONGi Green Energy’s 2016 financial results show that the company posted RMB11.531 billion in revenue, an […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment

FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […]

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Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation

By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […]

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Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms

Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […]

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