SECI Seeks Short-Term Working Capital Credit Facility of ₹5 Billion

SECI Seeks Short-Term Working Capital Credit Facility of ₹5 Billion

Solar Energy Corporation of India (SECI) has issued a request for proposals seeking quotations for a short-term working capital credit facility of up to ₹5 billion (~$65.56 million). The credit ...
US Extends 26% Solar Investment Tax Credit Until 2022

US Extends 26% Solar Investment Tax Credit Until 2022

The United States Congress has passed a bill providing a two-year extension on its solar investment tax credit (ITC) facility, allowing solar power projects across the residential, commercial, industrial, and utility-scale segments ...
Daily News Wrap-Up_ Warner Bros Theme Park to be Abu Dhabi's Largest Rooftop Solar Project

Daily News Wrap-Up: Warner Bros Theme Park to be Abu Dhabi’s Largest Rooftop Solar Project

Here are some noteworthy cleantech announcement of the day from around the world: Duke Energy, a U.S.-based power holding company, has unveiled its plans to double its renewable energy portfolio ...
/ / Other, Renewable Energy
Karnataka Wind Installer and DISCOM Spar Over Wheeling of Energy to Open Access Consumers

Karnataka Wind Installer and DISCOM Spar Over Wheeling of Energy to Open Access Consumers

The Karnataka Electricity Regulatory Commission (KERC) has ordered that Golden Hatcheries, a company that had installed a 3.2 MW wind power project, should be granted its due credits for the ...
/ / Wind
IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

IFC Announces $212.5 Million Loan to Vietnam Bank to Boost Lending for Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it would provide a loan to the Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) ...
Bihar DISCOMs Liable to Pay Penalty in Case of Non-fulfillment of Solar RPO

Bihar DISCOMs Liable to Pay Penalty in Case of Non-fulfillment of Solar RPO

The Bihar Electricity Regulatory Commission (BERC) has revised the draft regulations pertaining to Renewable Purchase Obligation (RPO) compliance and Renewable Energy Certificate (REC) framework implementation. According to the new provisions, ...
/ / Markets & Policy, Solar
Trina Solar Signs $30 Million Credit Agreement with VietinBank

Trina Solar Signs $30 Million Credit Agreement with VietinBank

The Vietnamese arm of Trina Solar, a Chinese module and cell manufacturer, has signed a $30 million credit agreement with VietinBank in the province of Bac Giang, Vietnam. This is the first ...
/ / Finance and M&A, Solar