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NABARD approves loan for 10 MW Solar Plant in Haryana

National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan for 10 megawatts solar plant in Harayana under Rural Infrastructure Development Fund (RIDF) for rural infrastructure in the state. Of Rs. 204.67 crore, amount of Rs.147.18 crore has been sanctioned to the state government under the 22nd tranche of RIDF for 2016-17 for […]

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Researchers have designed a device that is effective and offer low-cost solution for storing solar energy

Solar energy can be stored by converting it into hydrogen. But current methods are too expensive and don’t last long. Researchers at EPFL and CSEM have designed a device using commercially available solar cells and none of the usual rare metals that outperforms in stability, efficiency and cost. One of the solutions to store solar […]

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V O Chidambaranar Port signs MoU with SECI to set up 5 MW solar plant

The V O Chidambaranar Port has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) for the installation of a 5 MW solar power plant. Estimated with a cost of a cost of Rs. 30 crore, the 5MW plant will be the direct grid connect type and will be set up […]

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JinkoSolar Signs $25 Million Tradeline with Maybank

JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […]

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Amara Raja Group commissions 1.2MW rooftop solar project at Nunegundlapalli

At an event held on the occasion of Amara Raja Skill Development Centre’s first batch convocation, Dr Ramachandra N Galla, Chairman, Amara Raja Group announced the commission of a 1.2MW rooftop solar unit at the plant located at Nunegundlapalli village near Chittoor in Andhra Pradesh. The project is spread over 1,00,000 sq ft, and is […]

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REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer

REC Solar has announced the appointment of Matt Walz as chief executive officer.  Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […]

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MNRE invites comments on Technical Regulation for Solar Photovoltaic Systems/ Devices/Components Goods

Performance testing and standardization is essential to ensure quality and reliability of products.  As per norms of Department of Commerce, Ministry of Commerce and Industry, standardization of all goods and adopting technical regulation is mandatory to maintain quality to protect human health and safety.  This also prevents entering of poor quality goods into the Indian […]

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TMEIC to deliver 17 units of its Solar Ware 1667 PV inverters for solar project in Hawaii

Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has received an order of 17 units of its SOLAR WARE 1667 outdoor PV inverters with a salt damage prevention specification for a utility scale solar power plant currently under construction on Oahu island of Hawaii. The plant is being built by Eurus Energy America Corporation, a U.S. subsidiary […]

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