EBRD to Provide €31 Million Loan for 30 MW Solar Project in Kazakhstan

EBRD to Provide €31 Million Loan for 30 MW Solar Project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) will provide a €31 million ($35 million) loan to Nomad Solar LLP for the construction and operation of a 30 MW solar PV ...
/ / Markets & Policy, Solar
Bihar Sets Solar PV Generic Tariff at ₹4.17/kWh for FY 2018-19

Bihar Sets Solar PV Generic Tariff at ₹4.17/kWh for FY 2018-19

The Bihar Electricity Regulatory Commission (BERC) has fixed the generic levelized tariff for power generated from solar PV for FY 2018-19 at ₹4.17 (~$0.059)/kWh without accelerated depreciation (AD). With AD ...
/ / Markets & Policy, Solar
China Disputes US Solar Safeguard Measures and Domestic Content Requirement with WTO

China Disputes US Solar Safeguard Measures and Domestic Content Requirement with WTO

China has requested the World Trade Organization’s (WTO) dispute settlement body (DSB) for consultations with regards to U.S. safeguard measures on imported solar photovoltaic products and domestic subsidies. In a statement ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

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 ...
/ / Markets & Policy, Solar
Ciel et Terre Opens Floating Solar Manufacturing Unit in India

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 ...
/ / Markets & Policy, Solar
Himachal Pradesh Approves ₹2.24 Billion Program for Agricultural Solar Pumps

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

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 ...
Interview: Safeguard Duty Does Not Seem to Safeguard Interests of Project Developers

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 ...
/ / Markets & Policy, Solar
No Safeguard Duty on Solar Imports for Now, Says Ministry of Finance

No Safeguard Duty on Solar Imports for Now, Says Ministry of Finance

Considering the recent stay order put in force by the Orissa on the safeguard duty notification, the Ministry of Finance has now announced that the government will, for the time ...
Kazang Solar Bags $1.6 Million to Provide Off-Grid Solar Solutions in Zambia

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 ...
/ / Markets & Policy, Solar
US Imposes 25 Percent Import Tariff on Solar Cells and Modules from China

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, ...
/ / Markets & Policy, Solar
Solar Power Generation Jumps by 73 Percent YoY in Q2 2018

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 ...
Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty

Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty

Following the Orissa High Court order to stay the notification on the safeguard duty, the Madras High Court has now instructed customs officials at the Chennai port to provisionally release ...
/ / Markets & Policy, Solar
MNRE Targets 118 MW Under Phase-III of Decentralized Solar Program

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 ...
/ / Markets & Policy, Solar
Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019

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 ...
/ / Markets & Policy, Solar
Month in a Minute: Important Headlines from the Indian Solar Industry in July 2018

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 ...
/ / Markets & Policy, Solar
Orissa High Court Asks Ministry of Finance to Withdraw Safeguard Duty Notification

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 ...
/ / Markets & Policy, Solar
The lab will be located in Gujarat’s capital Ahmedabad

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 ...
/ / Markets & Policy, Solar
Government Plans to Set up 25 GW Solar Capacity in Ladakh

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 ...
/ / Markets & Policy, Solar
China Added 24.3 GW Of Solar Capacity in the First Half Of 2018

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 ...
/ / Markets & Policy, Solar
MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty

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 ...
/ / Markets & Policy, Solar
NTPC Asks Bidders to Revise and Resubmit Bids for 2 GW Solar Tender Due to Safeguard Duty

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 ...
/ / Markets & Policy, Solar
Maharashtra Takes a Tough Stance on Solar and Non-Solar RPO Enforcement

Maharashtra Takes a Tough Stance on Solar and Non-Solar RPO Enforcement

Recently, the Maharashtra Electricity Regulatory Commission (MERC) reviewed compliance of Renewable Purchase Obligation (RPO) targets by Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for FY 2016-17. MERC noted that MSEDCL ...
/ / Markets & Policy, Solar
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

ReneSola Ltd, a fully integrated solar project developer and operator, has signed an exclusivity agreement with an affiliate of Brookfield Asset Management. Under the agreement, ReneSola has agreed to negotiate ...
/ / Markets & Policy, Solar
Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group

Zahid Group, a Saudi Arabian conglomerate, through its wholly-owned subsidiary OMAS, an operation and maintenance service provider, has acquired a 50 percent stake in Greencells Group, a utility-scale solar project ...
/ / Markets & Policy, Solar