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Tiruchy Railway Division To Install Solar at All Stations

The Tiruchy division of the Indian Railways is mulling to install solar power panels in more railway stations in a phase wise manner to increase its power uptake from renewable sources. The entire Tiruchy railway division currently is producing more than 370 KW of renewable power. As per reports, the division wants to increase the […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round

Solar financing platform Aerem has raised $5 million in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […]

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Navitas Solar Ropes in Hiten Parekh as Chief Business Officer

In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […]

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BMC Solicits Bids for Rs 90 cr Loan for Multiple Renewable Energy Projects

Bhopal Municipal Corporation has issued a tender to invite loans for the installation of 20 MW solar projects (Phase I), 21 MW solar projects (Phase II), 15 MW wind energy projects and 1 MW rooftop solar projects.  The bids are invited from nationalized banks, private banks, financial institutions and non-banking financial companies for long-tenure term […]

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Bangladesh Issues Three Solar Tenders for Cumulative Capacity of 77.6 MW

Bangladesh Power Development Board (BPDB) has issued three tenders with a cumulative capacity of 77.6 MW . It has invited bids for the construction of 50 MWp (DC) solar photovoltaic grid-connected power plant at Rangunia, Chattagram, Bangladesh; construction of 20 MWp (DC) solar photovoltaic grid-connected power plant at Baropukuria, Fulbari, Dinajpur, Bangladesh and the construction […]

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Google Signs Agreement with Sol Systems for Solar Energy at its Campuses

American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […]

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Oman to Award Solar Energy Projects of $777 Mn for Country’s Largest Solar Panel Project

Oman Power and Water Procurement Company (OPWP),  responsible for purchasing power and water for all IPP/IWPP projects within the Sultanate of Oman, will soon award solar energy projects to international investors. These projects are worth $777 million and have secured approvals from the Authority for Public Services Regulation (APSR)- which looks after electrcitiy regulation. The […]

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