Lucknow’s Sanjay Gandhi Medical Institute Installs 1.1 MW of Solar

Lucknow’s Sanjay Gandhi Medical Institute Installs 1.1 MW of Solar

Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI) in Lucknow has installed 1.1 MW of solar projects which will help the institute save approximately ₹6 million (~$85,646.99) annually in ...
/ / 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
Amity University Installs 1.8 MW of Solar Capacity at Three of its Campuses

Amity University Installs 1.8 MW of Solar Capacity at Three of its Campuses

Amity University has joined a select league of colleges and educational institutions that have gone solar to meet energy demands and usher in a greener, cleaner tomorrow. Amity’s solar PV ...
Solar Power Consumers Cannot Use Open Access and Net Metering at the Same Time

Solar Power Consumers Cannot Use Open Access and Net Metering at the Same Time

A ruling by the Maharashtra Electricity Regulatory Commission (MERC) has clarified that generators cannot use both Open Access and Net Metering simultaneously. The commission also reiterated that benefits of net-metering ...
CleanMax Solar Raises Funding from IFC

CleanMax Solar Raises $15 Million (~₹964.52 Million) from IFC

CleanMax Solar, an Indian rooftop solar developer, has raised $15 million (~₹964.52 million) in investment from the International Finance Corporation (IFC), a member of the World Bank Group. The IFC ...
/ / Finance and M&A, Solar
Some Module Suppliers are Backing Away from Supply Agreements

Interview: Some Module Suppliers are Backing Away from Supply Agreements

Unless there is a policy course correction, the solar rooftop installation goal of 40 GW by 2022 has been viewed as a challenge to achieve by many in the industry, ...
/ / Markets & Policy, Solar
Funding

CleanMax Solar Raises $100 Million in Funding from Warburg Pincus

CleanMax Solar, an Indian rooftop solar developer, has raised $100 million (Rs.6.5 billion) in equity financing from Warburg Pincus, a New York-based private equity firm. CleanMax Solar will utilize the ...
/ / Finance and M&A, Solar
hitachi

Hitachi Enters Indian Solar Market with CleanMax Solar

Hitachi, a Japanese electronics conglomerate, has signed a Memorandum of Understanding (MoU) announcing its plans to enter the Indian solar market in collaboration with CleanMax Solar. The partnership aims to ...
/ / Rooftop, Solar