Author Archives: Shaurya Bajaj

About Shaurya Bajaj

Shaurya Bajaj is a staff reporter for Mercomindia.com.

shaurya@mercomindia.com

@ShauryaBajaj5

India Contributes $1 Million for Solar Project at UN Headquarters

India Contributes $1 Million for Solar Project at UN Headquarters

India has contributed $1 million for the development of a solar project at the United Nations headquarters in New York. The contribution will help reduce carbon footprint and promote sustainable ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani Green

Sri Lanka Secures $50 Million Loan Facility from ADB to Develop Rooftop Solar

The Ministry of Finance and Mass Media in Sri Lanka has announced that it has entered into an agreement with the Asian Development Bank (ADB) wherein the bank will loan ...
/ / Markets & Policy, Solar
SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

SBI Raises $650 Million Via Green Bonds, Announces Plans for Going Solar

The nation’s largest lender State Bank India (SBI) has raised the first tranche of $650 million through a maiden green bond offering, which is a part of its goal of ...
/ / Markets & Policy, Solar
IFC To Continue Supporting Private Sector Investments in Europe and Central Asia

IFC to Continue Supporting Private Sector Investments in Europe and Central Asia

The International Finance Corporation (IFC) has announced that it has expanded its operations in Europe and Central Asia with investment commitments reaching $2.9 billion. The organization is focusing on driving ...
/ / Markets & Policy, Solar
SECI Extends Bid Submission Deadline for 10 GW Solar Tender with 3 GW Manufacturing

Phelan Energy Achieves Financial Closure For 50 MW Solar Project in Rajasthan

Phelan Energy Group has announced that it has achieved financial closure for a 50 MW solar project in Rajasthan. The construction of the solar PV project, located at Rajasthan’s Bhadla ...
/ / Markets & Policy, Solar
Madhya Pradesh Announces First of its Kind Tender for 33 MW of Rooftop Solar Projects

Net Metering Policy Continues to be a Drag on India’s Rooftop Solar Sector

Net metering was introduced in India as a measure to make distributed renewable energy more accessible and economical for electricity consumers across the country. Net metering works by calculating the ...
/ / Rooftop, Solar
Zambia Plans to Develop 100 MW of Solar Projects

Cleantech Solar Raises $50 Million From Climate Fund Managers

Cleantech Solar, a Singapore-based renewable energy project developer, has received a $50 million equity investment from Climate Fund Managers (CFM), a climate-dedicated investment manager, to support its growth in Asia ...
/ / Finance and M&A, Solar
SECI Reduces Solar Manufacturing Tender Size From 5 GW to 3 GW

SECI Reduces Solar Manufacturing Tender Size From 5 GW to 3 GW

In a significant development, the Solar Energy Corporation of India (SECI) has announced that it has reduced the capacity of the manufacturing tender which was introduced by the body a ...
/ / Solar, Tenders & Auctions
EBRD to Finance 100 MW Solar Project in Kazakhstan

EBRD to Finance 100 MW Solar Project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has announced that it will be financing the development of a 100 MW solar project in the Zhambyl region of southern Kazakhstan ...
/ / Markets & Policy, Solar
Karnataka Exempts Rooftop Solar Projects below 1 MW from CEIG Clearance

Karnataka Exempts Rooftop Solar Projects below 1 MW from CEIG Clearance

In a notification issued by the Karnataka Government, it has been clarified that solar rooftop installations below 1 MW are not mandated to be inspected by the electrical inspector. Previously, ...
/ / Rooftop, Solar
Telangana First State to Comply with Energy Conservation and Building Code Guidelines

Telangana First State to Comply with Energy Conservation and Building Code Guidelines

Telangana has become the first state to comply with the Energy Conservation and Building Code Guidelines (ECBC). Addressing the second regional workshop to implement Energy Conservation Building Code in India, ...
/ / Energy Efficiency, Other
CEA Issues Guidelines to Authorize Chartered Electrical Safety Engineers

CEA Issues Guidelines to Authorize Chartered Electrical Safety Engineers

The Central Electricity Authority (CEA) has issued guidelines for the authorization of a Chartered Electrical Safety Engineers (CESE). The decision was made after deliberations during the second meeting held by ...
/ / Markets & Policy, Solar