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Germany and India Sign a €200 Million Loan Agreement to Fund Renewable Projects
KfW, a leading German financial institution, has signed a €200 million (~$228.15 million) loan agreement with India’s Rural Electrification Corporation Limited (REC), a state-run power sector financer. KfW signed the ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million
GuarantCo Ltd, a part of Private Infrastructure Development Group (PIDG), has signed a deal with Singapore-based developer Sindicatum Renewables for $60 million worth of green bonds. The proceeds from the green ...
Ciel et Terre Opens Floating Solar Manufacturing Unit in India
Ciel et Terre International, a French floating solar specialist, has started its endeavour to increase its footprint in the solar industry of India. As part of its expansion plans in ...
Himachal Pradesh Approves ₹2.24 Billion Program for Agricultural Solar Pumps
In a bid to promote renewable energy and expand the usage of solar power in irrigation, the Himachal Pradesh cabinet has approved ₹2.24 billion (~$32.6 million) for its ‘Saur Sinchayee ...
African Consortium Signs PPA to Develop of a 60 MW Solar Project in Chad
To reduce the dependence on coal-based power in African countries, a consortium including InfraCo Africa and Smart Energies International, has come together to develop a 60 MW solar project in the ...
EDITORS' PICKS
Optare, an Ashok Leyland Subsidiary, Wins Order for 31 EV Double-decker Buses in London
The world is adopting electric vehicles (EVs) at a rapid pace. Recently, Optare, a subsidiary of Ashok Leyland which is a part of the Hinduja Group, won an order for 31 ...
Interview: Safeguard Duty Does Not Seem to Safeguard Interests of Solar Project Developers
India’s solar sector is currently dealing with a plethora of issues from all sides, while trying to keep pace to meet the 2022 goal of 100 GW it has set ...
Lowest Tariff of 2.79 cents/kWh Quoted in Egypt’s 200 MW Solar Auction
The Egyptian Electricity Transmission Company (EETC) has announced the financial bids for the construction of a 200 MW solar power plant in Kom Ombo, according to the Daily News Egypt. EETC ...
Kazang Solar Bags $1.6 Million to Provide Off-Grid Solar Solutions in Zambia
Kazang Solar, distribution partner of Azuri Technologies in Zambia, has been awarded $1.6 million from the Africa Enterprise Challenge Fund (AECF) to provide solar home lighting products to more than ...
US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China
The Office of the United States Trade Representative (USTR) has announced a 25 percent additional tariff on the import of 279 Chinese products, worth approximately $16 billion. Among these products, ...
CERC Amends Regulations for Open Access in Interstate Transmission
The Central Electricity Regulatory Commission (CERC) has amended the regulations for Open Access in Interstate Transmission, which were first passed in 2008. The new regulations will be called the CERC ...
India Working Towards a National Energy Storage Mission
To keep pace with the changing dynamics of the energy markets, India is now working toward a National Energy Storage Mission (NESM). In February 2018, a committee with representatives from ...
Solar Power Generation Jumps by 73 Percent YoY in Q2 2018
India’s efforts toward installing solar to meet country’s energy requirements has led to a substantial increase in solar power generation. According to the data released by the Central Electricity Authority ...
MNRE Targets 118 MW Under Phase-III of Decentralized Solar Program
The Ministry of New and Renewable Energy (MNRE) is targeting the installation of 118 MW of solar power capacity by March 31, 2020 through off grid solar photovoltaic (PV) applications ...
Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the first quarter ending June 30, 2018. Total revenue in the first quarter of FY19 ...
Government Approves Scale Up of Access to Clean Energy Program
The Government has approved the launch of "Scale Up of Access to Clean Energy" program for the period financial year (FY) 2018-19 and FY 2019-20. The program is one of ...
NITI Aayog and CII Partner for India’s Sustainable Development
NITI Aayog and the Confederation of Indian Industries (CII) have entered a partnership for the sustainable development of India. The launch of the NITI Aayog and CII partnership on sustainable ...
JERC Issues Regulations for Distribution Licensees in Goa and Union Territories
The Joint Electricity Regulatory Commission (JERC) has issued a set of regulations dealing with power generation, transmission and distribution for the state of Goa and union territories with the exception ...
Month in a Minute: Important Headlines from the Indian Solar Industry in July 2018
DISCOM ratings, spot power prices, REC trading and other Important headlines from India’s solar and other renewable industries in July 2018: According to the Central Electricity Authority’s (CEA) latest Load ...
Orissa High Court Asks Ministry of Finance to Withdraw its Solar Safeguard Duty Notification
Weeks after the announcement of safeguard duty imposition on solar imports from China and Malaysia, the Orissa High Court today heard the petition filed by Hero Future Energies, ACME, and ...
Mitsui Chemicals to start BIS Certification for Solar Panels in India with PI Berlin
Mitsui Chemicals, a Japanese company, is planning to establish a solar panel testing and certification lab in Gujarat in partnership with PI Berlin. The lab will be set up through ...
Government Plans to Set up 25 GW Solar Capacity in Ladakh
According the Power Minister R.K. Singh, the Indian government is planning to bring a single bid for setting up 25 GW of solar capacity in Ladakh, reported by PTI. This ...
China Added 24.3 GW of Solar Capacity in the First Half Of 2018
China added 24.3 GW of solar PV capacity in the first half (1H) of 2018. This takes China’s total installed solar PV capacity to 154.51 GW, out of which 112.6 ...
MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty
One of the biggest questions since the announcement of a 25 percent safeguard duty on imported solar modules and cells from China and Malaysia is about the impact on solar ...
NTPC Asks Bidders to Revise and Resubmit Bids for 2 GW Solar Tender Due to Safeguard Duty
The sudden imposition of the safeguard duty on solar cell and module imports from China and Malaysia has caught the domestic project developers off-guard. However, in a positive development for ...
