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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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Punjab Invites Bids for 10 MW Cumulative Grid-Connected Rooftop Solar PV Systems

Punjab Energy Development Agency has issued a tender for the implementation of a tentative 10 MW cumulative grid-connected rooftop solar PV systems under RESCO mode at various locations in the state of Punjab. The tender fee is Rs 5,000. The processing fee is Rs 2,360. The EMD amount is Rs 20,00,000 (two lacs per MW […]

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IbVogt Selects Nextracker to Supply Solar Trackers for 150 MW Power Plant in Spain

Solar tracker solutions provider for utility-scale and distributed generation projects Nextracker has secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR). IbVogt, German international solar developer, has chosen Nextracker’s XTR for the 150 MW Garnacha solar power plant in Spain. The project is backed by a twelve-year power purchase agreement […]

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Jindal Stainless Plans 27 MW Rooftop Solar at its Facilities

Steel giant Jindal Stainless has announced that it will install solar power panels of over 27 MW at its facilities to further the cause of decarbonisation of its industrial processes. Jindal said that its two rooftop solar plants will be: 21 MWp capacity at Jajpur unit (Odisha) and 6 MWp capacity at Hisar unit (Haryana). […]

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Astronergy Supplies 154.4 MW Solar Modules for German PV Plant

Chinese solar panel maker Astronergy has revealed that a total of 154.4MWdc ASTRO N5 TOPCon PV Modules have been delivered to Germany, to materialize Europe’s biggest TOPCon PV plant in Döllen (Brandenburg). The n-type TOPCon PV Modules from ASTRO N series have gained traction worldwide after the first project with 355MWdc was signed in Australia. […]

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West Central Railway Invites Bids for Implementation of 12 MW Solar Rooftop Projects

West Central Railway has issued a tender soliciting bids for the implementation of rooftop/cop, solar PV system at 3 division of West Central Railway. The projects are located at Kota division and have an aggregated capacity of 12 MW through public-private partnership (PPP) on desitransfer (the “DBFOT”) basis. The supply of electricity to railways will […]

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