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