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 ...
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 ...
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 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 ...
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 ...
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, 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, ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
