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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues

The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […]

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Hanergy and TAM Co-Develop Buses With Solar Roof Systems

Global Solar Energy (Hanergy GSE) & TAM-Europe have recently co-developed China’s first airport shuttle bus thin-film roof system. The world’s largest thin-film power solution company, Hanergy Thin Film Power Group, has announced that its US-based subsidiary, Global Solar Energy (Hanergy GSE) & TAM-Europe have recently co-developed China’s first airport shuttle bus thin-film roof system. Earlier […]

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Industry Making a Mistake by Staying Quiet on the Andhra Skirmish

Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […]

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EDPR Sells Stake in 137 MW Brazilian Wind Farm to Actis

EDPR has signed an agreement with a subsidiary of Actis for the sale of all of its shareholding in a 137 MW onshore wind project in Brazil EDP Renewables (EDPR), the renewable arm of Portugal’s largest electric utility company EDP, has announced that it has signed an agreement with a subsidiary of the private equity […]

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Will Tax Sops Help in Faster Adoption of Electric Vehicles?

To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […]

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Uttarakhand Allocates Solar Projects Worth Rs 600 cr to Local Entrepreneurs

Uttarakhand CM Trivendra Singh has allocated solar energy projects worth Rs 600 crore and a combined capacity of 148.85 MW to local entrepreneurs.   Uttarakhand Chief Minister Trivendra Singh Rawat has allocated solar energy projects worth Rs 600 crore to local entrepreneurs. Together, these projects will generate 148.85 MW power.  On the occasion, the chief minister said another lot of solar power projects worth […]

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Maharashtra Government Plotting New Solar Projects Policy

The Maharashtra government is contemplating to prepare a policy wherein vacant plots and agriculture land will be taken on lease to set up solar projects The Maharashtra government is contemplating to prepare a policy wherein vacant plots and agriculture land will be taken on lease to set up solar energy projects.  An Energy Department official said that […]

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Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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