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Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme

Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […]

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Avaada Energy Secures Rs 4,471 Cr Refinancing For Rajasthan Solar Projects

Avaada Energy, the renewable energy arm of Avaada Group, has announced the successful closure of one of the largest refinancing transactions in India’s renewable energy sector, securing about Rs 4,471 crore from the state-owned lender, the National Bank for Financing Infrastructure and Development (NaBFID). This refinancing transaction, conducted under a Restricted Group (RG) structure, encompasses […]

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Abu Dhabi Seeks RFP For 1.5 GW Solar Project

Abu Dhabi’s Emirates Water and Electricity Company (EWEC) has issued a request for proposals (RFPs) for a 1.5GW solar PV plant in Abu Dhabi. Abu Dhabi follows a model where RFP’s are offered to firms from a closed pool of previously accepted developers that had bid for the Khazna project in September last year. The […]

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Stellantis To Invest $100mn in Argentina’s Solar Energy Sector

Stellantis, the automotive giant behind brands like Citroen, Fiat, and Peugeot, is taking a significant step towards sustainability by investing $100 million in Argentina’s solar energy sector. The company announced its acquisition of 49.5% of 360 Energy Solar, a prominent player in the country’s solar power market. This move is part of Stellantis’ strategy to […]

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Recurrent Energy Secures $70 Million Financing For 152 MW Brazil Solar Project

Solar and energy storage assets firm Recurrent Energy has announced that it has secured  $70 million of non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Jaiba III solar project in Brazil. The 152 MW Jaiba III project will be financed over 22 years spanning both construction and operation phases. Linked […]

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News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata

IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […]

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EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month

The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’.  The government agency is now undertaking stakeholder consultations to […]

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ISA Inks Pact With Bhutan For Development Of Solar Projects

The International Solar Alliance (ISA) has signed a Country Partnership Agreement (CPA) with the Department of Energy and, the Ministry of Energy & Natural Resources in Bhutan. This partnership aims to pave the way for a more sustainable & resilient energy future for Bhutan, the ISA said in a post on X, formerly Twitter. “An […]

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