Waaree Energies Raises ₹1 Billion from Centrum Financial Services and Private Equity Firm

Waaree Energies Raises ₹1 Billion from Centrum Financial Services and Private Equity Firm

Waaree Energies, an Indian solar module manufacturer and Engineering Procurement Construction (EPC) services provider, has raised ₹1 billion (~$15.6 million) from Centrum Financial Services Ltd, the non-banking finance arm of ...
/ / Finance and M&A, Solar
Oriano Commissions 40 MW Project for First Solar in Karnataka

Oriano Commissions 40 MW Project for First Solar in Karnataka

Oriano Solar, a Mumbai-based Engineering Procurement Construction (EPC) firm, has completed two solar photovoltaic (PV) projects totaling 40 MW in the state of Karnataka. The projects have been installed in ...
/ / Solar, Utility Scale
US Says India Failed to Comply with WTO Ruling in Solar DCR Case

India Failed to Comply with WTO Ruling in Solar DCR Case: US

In the ongoing saga of the World Trade Organization (WTO) solar Domestic Content Requirement (DCR) case between the U.S. and India, the U.S. has communicated to the WTO that India ...
/ / Markets & Policy, Solar
Interview - Now is the Time to Invest in Solar Cell Manufacturing Lines in India

Interview: Now is the Time to Invest in Solar Cell Manufacturing Lines in India

With domestic solar module manufacturing capacity announcements on the rise and an anti-dumping investigation pending, now is an opportune time to start new solar cell manufacturing lines in India, according ...
/ / Markets & Policy, Solar
Haryana to Install Solar Hybrid System in All Government Schools

Haryana to Install Solar Hybrid Systems in All Government Schools

Soon, all government-run schools in Haryana will have access to an uninterrupted power supply. Taking a step forward toward promoting decentralized renewable power, the state has planned to install solar ...
/ / Off-grid, Solar
ACME’s Initial Public Offering to Fund Bhadla Solar Project

ACME’s $337 Million Initial Public Offering to Fund Bhadla Solar Project

The Securities and Exchange Board of India (SEBI) has approved ACME Solar Holdings’ Initial Public Offering (IPO) worth ₹22,000 million (~$336.86 million). The face value of each equity share is ...
/ / Finance and M&A, Solar
MERC Okays MSEDCL Plan to Procure Renewable Power with Competitive Bidding

MERC Okays MSEDCL Plan to Procure Renewable Power with Competitive Bidding

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has won approval to procure wind, solar, and bagasse‑based cogeneration power at a rate discovered through a tariff‑based competitive bidding process. Rates ...
/ / Markets & Policy, Solar
MNRE Approves TANGEDCO’s Solar Park in Tamil Nadu

MNRE Approves TANGEDCO’s 500 MW Solar Park in Tamil Nadu

The Ministry of New and Renewable Energy (MNRE) has given its in-principle approval to the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for the development of a 500 MW solar ...
/ / Markets & Policy, Solar
Government Fixes Misclassification Issue of Solar Modules at Ports

Government Fixes Misclassification Issue of Solar Modules at Ports

Providing relief to solar project developers in the country, the government has put in place the much-required remedial measures to resolve the issue of misclassification of solar modules at country’s ...
/ / Markets & Policy, Solar
SECI Invites Expression of Interest to Develop Floating Solar

SECI Invites Expression of Interest to Develop 10 GW of Floating Solar

Solar Energy Corporation of India (SECI) has invited Expression of Interest (EoI) from prospective project developers to set up of 10 GW of floating solar PV projects in a phased ...
/ / Floating Solar, Solar
SECI Invites Expression of Interest to Set Up Solar Manufacturing

SECI Invites Expression of Interest to Set Up 20 GW of Solar Manufacturing

The Solar Energy Corporation of India (SECI) has invited an Expression of Interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India within a three-year time-frame ...
/ / Markets & Policy, Solar
MNRE Financial Assistance to DISCOMs to Boost Rooftop Solar in India

MNRE Announces $3.7B in Financial Assistance to DISCOMs to Boost Rooftop Solar in India

The Ministry of New and Renewable Energy (MNRE) has released a new proposal to overhaul the existing rooftop solar implementation mechanism by making it the responsibility of distribution companies (DISCOMs) ...
/ / Rooftop, Solar
Bihar Draft Rooftop Solar Net and Gross Metering Regulations

Bihar Releases Draft Rooftop Solar Net and Gross Metering Regulations

The Bihar Electricity Regulatory Commission (BERC) has released a draft document for rooftop net metering regulations that is open to comments and suggestions until January 5, 2018. The regulations are ...
/ / Markets & Policy, Solar
Grid-Connected Solar PV Project Tendered in Bangladesh

7.6 MW Grid-Connected Solar PV Project Tendered in Bangladesh

Bangladesh’s North-West Power Generation Company Limited has tendered a 7.6 MW grid‑connected solar photo voltaic (PV) project to be developed in Soydabad, near the capital city of Dhaka. The bid ...
/ / Solar, Tenders & Auctions
TPREL Commissions 100 MW Solar Project at Pavagada Solar Park

TPREL Commissions 100 MW Solar Project at Pavagada Solar Park

Tata Power Renewable Energy Ltd. (TPREL) has commissioned a 100 MW grid-connected solar project at the Pavagada Solar Park in Karnataka. The project was developed in two, 50 MW blocks ...
/ / Solar, Utility Scale
IRFC Raises Debut Green Bond on the London Stock Exchange

IRFC Raises $500 Million in its Debut Green Bond on the London Stock Exchange

The Indian Railways Finance Corporation (IRFC) has raised $500 million (~₹32.07 billion) through the issuance of its first green bond on the London Stock Exchange’s new International Securities Market. The ...
/ / Finance and M&A, Solar
HAREDA Tenders Over 1 MW of Off-Grid Solar Projects for Health Centers

HAREDA Tenders Over 1 MW of Off-Grid Solar Projects for Health Centers

The Haryana Renewable Energy Development Agency (HAREDA) has tendered over 1 MW of off-grid solar projects for health centers across the state. The bid submission deadline is January 2, 2018 ...
/ / Off-grid, Solar
Interview - Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

Interview: Government needs to ‘Handhold’ Local Solar Manufacturing for 5 to 10 Years

India’s domestic solar manufacturing sector is finding it difficult to cope with the falling prices of modules globally. In order to expand their businesses, local manufacturers need the government to ...
/ / Markets & Policy, Solar
India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

India Goes All In to Support Domestic Solar Manufacturing with a Bevy of Subsidy Proposals

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal to build out India’s manufacturing supply chain, including polysilicon, wafers/ingots, cells and modules. MNRE ...
/ / Manufacturing, Solar
Longi Green Cell and Module Manufacturing Unit in India

Longi Confirms Plans to Set Up 500 MW Solar Cell and Module Manufacturing Units in India

Longi Green, a Chinese solar equipment and component manufacturer, plans to set up cell and module manufacturing units of 500 MW (each) in the state of Andhra Pradesh. The company ...
/ / Manufacturing, Solar
MAHAGENCO Tenders 300 MW of Grid-Connected Solar

MAHAGENCO Tenders 300 MW of Grid-Connected Solar to Be Developed on a PPP Basis

The Maharashtra State Power Generation Company (MAHAGENCO) has issued three separate tenders for a total of 300 MW of grid-connected solar capacity. The capacity will be developed on a public ...
/ / Solar, Tenders & Auctions
Fortum Commissions 100 MW of Solar Project in Pavagada Solar Park

Fortum Commissions 100 MW of Solar Project in Pavagada Solar Park

Fortum, a Finnish energy company, has commissioned 100 MW of solar photovoltaic (PV) projects at Pavagada Solar Park in Karnataka. This is Fortum’s fourth operational solar project in India bringing ...
/ / Solar, Utility Scale
KOR Energy Rooftop Projects

KOR Energy Plans to Develop 2.8 MW of Rooftop Solar in Uttar Pradesh

Indian solar power solutions provider KOR Energy announced that it is preparing to develop 2.8 MW of grid-connected rooftop solar projects for industrial customers in Uttar Pradesh. The company will ...
/ / Rooftop, Solar
MAHAGENCO Invites Expression of Interest for 50 MW of Solar in Maharashtra

MAHAGENCO Invites Expression of Interest for 50 MW of Solar in Maharashtra

The Maharashtra State Power Generation Company (MAHAGENCO) has invited expression of interest (EoI) from developers, landowners, and bidders for the development of up to 50 MW of solar power projects ...
/ / Solar, Tenders & Auctions
India Solar Anti-dumping DGAD Oral Hearing

Both Sides Present Their Arguments at DGAD Hearing on Solar Anti-Dumping Investigation

The Office of the Directorate General of Anti-Dumping (DGAD) held an oral hearing regarding the anti-dumping petition filed by the Indian Manufacturers Association (ISMA) against cells and modules from China, ...
/ / Markets & Policy, Solar