SUBSCRIBE NEWS LETTER

solar project finance

US and India announces creation of a $20 million USICEF initiative

The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […]

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TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets

Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL).  The investment […]

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Public and NBFCs commits investment of Rs 3.82 lakh crore for 76,352 MW Capacity – Piyush Goyal

The indigenous renewable sectors have turned heads recently. With active participation from investors and integrators, India seems to lorry its promising solar mission. At the ongoing budget session of Parliament, New and Renewable Energy Minister Piyush Goyal elatedly states that public as well as private banks and non-banking finance companies (NBFCs) have committed for financing […]

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Potential of India’s Renewable Energy Resources

The capability of renewable energy in India – and the price tag to acknowledge– was highlighted recently by boards of energy and financing specialists. ‘The potential is colossal – the quantity of GWs is brain boggling,’ said Amit De, Sr. Strategies SkyPower Global. ‘SkyPower has resolved to manufacture 18GW of solar projects in India by […]

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Is Alternative Energy the “Game Changer” for India – A look back!

The energy of the sun and the rays produced are significantly essential for life. Now that’s elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the […]

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