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Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India

The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […]

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Modi Cabinet Approves 25.7 GW Solar Scheme to Benefit Farmers

In another move that is deadlined 2022, or in time to help the country meet its 100 GW target for solar, the government approved a major scheme to get farmers involved. The KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme has been in the works for some time and seeks to provide both financial security […]

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Maharashtra Invites Bids For Setting Up 4 Solar Parks

Maharashtra is seeking solar power developers to set up four solar parks of cumulative capacity of 450 MW. The Maharashtra State Power Generation Company Ltd. (MSPGCL) has issued a tender inviting bid for the selection of Solar Project Developers (SPD) for development of four Solar Parks in the state. The following locations have been proposed for […]

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Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations

The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […]

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Tender for 53 Solar Pumping Systems Issued in Maharashtra

The bid submission deadline for all the tenders is February 11, 2019, and the technical bids will be opened on February 13, 2019. The Rural Water Supply Department under the Palghar Zilla Parishad has invited online percentage rate tenders from engineers registered in the appropriate class/category with Maharashtra Jeevan Pradhikaran (MJP) & Zilla Parishad (ZP) […]

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MNRE Seeks Suggestions on BIS Standards for Solar Pump Systems

Stakeholders have been provided until February 11, 2019, to send in their comments and suggestions separately for the 3 documents. The Ministry of New and Renewable Energy (MNRE) has been requested by the Bureau of Indian Standards (BIS) for convening a meeting for formulating/amending standards for Solar Photovoltaic  Water Pumping Systems. While an assigned sub-committee […]

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GERC Approves Sale of Solar Power by Salt Pan Workers

Grassroot Trading Network for Women, a SEWA entity, also received a go-ahead from the government to set up a solar power project of the same capacity. The Gujarat Electricity Regulatory Commission (GERC) has approved the sale of solar power to the Gujarat Urja Vikas Nigam Ltd. (GUVNL) by the salt pan workers of Self Employed […]

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The Indian Solar Standalone Product Market Projected to Reach Rs 26,178 Mn by 2023

The unveiling of a report, titled- ‘Peering into the future – India and the solar standalone products market’ by GOGLA, at the IDEF event, steer the discussions to the future of the distributed solar market in India, business opportunities, impact and innovations. GOGLA, together with International Finance Corporation, and Ashden India Collective, opened the conference […]

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Farmers Granted Option to Pick Solar-Powered Tube-Wells

75 percent cost of the solar connection will be borne by the state government in the form of subsidy. The Dakshin Haryana Bijli Vitran Nigam (DHBVN) has rolled out the facility of solar-powered tube wells for farmers across the state. At a price point which will be nearly 40 percent less than the conventional systems […]

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