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Solar Projects: Yes Bank to Mobilise USD 1 Billion by 2023 for Clean Energy

Yes Bank made at the the announcement at the International Solar Alliance (ISA) conference organised at World Future Energy Summit 2018 in Abu Dhabi. In a significant development, Yes Bank, India’s fifth largest private sector bank, said it will mobilise USD 1 billion by 2023 for financing solar energy projects in India. The announcement was […]

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1st Source Bank Announces Financing of 10 Solar Projects in 2017

1st Source has committed itself to serving the renewable energy industry. The Bank made its commitment to solar due to the unique needs of smaller commercial clients around the country, the Bank’s ability to provide tailored equity and financing options to this group of businesses. 1st Source Bank, a financial services company has announced the […]

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String Inverters – Igniting the Solar Market in 2018

The renewable energy sector is catapulting a holistic approach in the overall technology world. Especially ‘Solar Power’ which has a GW trail to his name is seen as the next big revolution in renewable energy sector. The power demands in future will become ruthless and Government is writing subpoena for Solar Experts and companies to […]

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IHS Markit: Global Solar Installations to Pass 100GW in 2018

Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108GW. IHS Markit is predicting another recording breaking year for solar in 2018, forecasting installations to hit 108 GW by the end of the year. The […]

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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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International Finance Corporation to Support Largest Solar Power Plant in Jordan

The solar plant in Jordan is the latest in a series of efforts to boost renewable energy investments in a country faced with increased energy demand, in part driven by the growing refugee crisis, according to an IFC statement published on its website. The International Finance Corporation (IFC), a member of the World Bank Group […]

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Cheap Chinese Imports Push Out Local Solar Players

Aside from a couple of enormous players, for example, Tata Power Solar, solar thermal makers are generally in the little or medium scale section and give around one lakh occupations. The National Solar Mission may have set an objective of 20 million m2 (meter square) solar thermal limit with ‘Make in India’ boards, however the […]

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EnSync Energy to Deliver Solar Energy to Polynesian Cultural Center

To meet the high energy demand, EnSync Energy will install solar arrays on three different building roofs on the PCC grounds. EnSync Energy Systems, has announced that it signed a 20-year power purchase agreement (PPA) with the Polynesian Cultural Center (PCC) for a 396-kilowatt photovoltaic and inverter system. The PPA will reduce the facility’s kilowatt-hour […]

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