Ceiling Tariff of ₹3.10/kWh Set for Maharashtra’s Solar Agricultural Feeder Program

Month in a Minute: Notable Renewable Energy and Solar News from India in November 2018

November 2018 witnessed some key announcements in the Indian renewable sector. Indian solar imports spiked considerably in the third quarter (Q3) of calendar year (CY) 2018. According to the latest ...
/ / Markets & Policy, Solar
Five Indian Environmental Projects to be Showcased at Paris Peace Forum 2018

Five Indian Environmental Projects to be Showcased at Paris Peace Forum 2018

Five Indian projects have been selected to present at the Paris Peace Forum, new annual event based on the idea that international cooperation is key to tackling global challenges and ...
/ / Other, Renewable Energy
ISA Opens its Membership to All United Nations Member Countries

ISA Opens its Membership to All United Nations Member Countries

The Indian government submitted a resolution to the first assembly of the International Solar Alliance (ISA) for that amends the framework agreement of the ISA. The amendment refers to opening ...
/ / Markets & Policy, Solar
India and Tanzania Likely to Develop Solar Power Projects Together

India and Tanzania Likely to Develop Solar Power Projects Together

India and Tanzania have agreed to develop solar power projects together in the future as members of International Solar Alliance (ISA). The decision was made during the ninth India-Tanzania Joint ...
/ / Solar, Utility Scale
21 Countries in the Indian Ocean Region Pledge for a Common Renewable Energy Agenda

21 Countries in the Indian Ocean Region Pledge for a Common Renewable Energy Agenda

In all, 21 countries of the Indian Ocean Rim Association (IORA) have adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region. It was adopted at the second IORA ...
/ / Markets & Policy, Solar
SoftBank CEO Offers Free Solar Power to ISA Countries After the End of 25-Year PPA

SoftBank CEO Offers Free Solar Power to ISA Countries After the End of 25-Year PPA

SoftBank CEO Masayoshi Son caught the audience by surprise during the second plenary session of the second Global Renewable Energy Investment Meeting and Expo (REINVEST- 2018), being held at Greater Noida ...
What Oil Wells are Today, Solar Power will be Tomorrow_ PM Modi

What Oil Wells are Today, Solar Power will be Tomorrow: PM Modi

The second edition of Global RE-Invest was inaugurated on October 2, 2018 in the presence of Prime Minister Narendra Modi, the Secretary General of the United Nations Antonio Guterres, External ...
India To Provide $20 million Funding to Suriname for Development of Solar

India To Provide $20 Million Concessional Funding to Suriname for Development of Solar

India will partner with Suriname, a South American country, for cooperation in the field of renewable energy. The President of India, Ram Nath Kovind, announced the upcoming partnership between the ...
/ / Markets & Policy, Solar
India to Partner with Peru and France to Expand Renewable Energy

India to Partner with Peru and France to Expand Renewable Energy

The Ministry of New and Renewable Energy (MNRE) has signed two agreements with the Ministry of Energy and Mining of The Republic of Peru and the National Solar Energy Institute ...
REC Contributes $1 Million to International Solar Alliance

REC Contributes $1 Million to International Solar Alliance

On World Environment Day, the Rural Electrification Corporation (REC), a state-run power sector financer, announced a $1 million (~₹67 million) contribution to the International Solar Alliance (ISA), according to PTI ...
EBRD and ADB Finance $50 Million for a Solar Project in Kazakhstan

EBRD and ADB Finance $50 Million for a Solar Project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) and Asian Development Bank (ADB) are investing heavily in the solar photovoltaic (PV) sector of Kazakhstan. The EBRD, Clean Technology Fund and Asian ...
India and France Sign MoU for the Expansion of Renewable Energy

India and France Sign MoU for Expansion of Renewable Energy

India has signed a Memorandum of Understanding (MoU) with France to cooperate in the field of renewable energy. Through the signed MoU, the two countries will work to establish a ...
News Highlights from March 2018_ Key Developments in India’s Renewable Sector

News Highlights from March 2018: Key Developments in India’s Renewable Sector

There was a range of activity from stakeholders in India’s solar sector during the month of March. Here is a quick recap of the important data points and headlines: The ...
International Solar Alliance Signs Host Country Agreement with India

International Solar Alliance Signs Host Country Agreement with India

The International Solar Alliance (ISA) has become a juridical personality following the signing of a Host Country Agreement with the Ministry of External Affairs (MEA). The agreement gives ISA the ...
At ISA Conference, India Pledges $1.4 Billion for Solar Projects in Developing Countries

At ISA Conference, India Pledges $1.4 Billion for Solar Projects in Developing Countries

At the inaugural conference of the International Solar Alliance (ISA) held in New Delhi this weekend, the Government of India pledged $1.4 billion to fund the development of solar projects ...
/ / Markets & Policy, Solar
India Enters Bilateral Agreements with Fiji and Greece to Grow Renewables

India Enters Bilateral Agreements with Fiji and Greece to Grow Renewables

After initiating and founding the International Solar Alliance (ISA) jointly with France, India is now entering bilateral agreements with various countries to further the development of renewable energy generation and ...
/ / Markets & Policy, Solar
YES Bank to Finance Solar Projects Worth $5 Billion by 2030

YES Bank to Finance Solar Projects Worth $5 Billion by 2030

YES Bank, an Indian private sector bank, is planning to mobilize up to $1 billion (~₹64 billion) to finance  solar photovoltaic (PV) projects in the country by 2023 and $5 billion ...
/ / Markets & Policy, Solar
Government Announces $350 Million Solar Development Fund for Project Financing

Government Announces $350 Million Solar Development Fund for Project Financing

The government has announced the setting up of a whopping $350 million (~₹22.4 billion) solar development fund to enable financing of solar projects in the country. The announcement was made ...
/ / Finance and M&A, Solar
ISA Invites Proposals from Member Countries to Develop Pilot Rooftop Solar Projects

ISA Invites Proposals from Member Countries to Develop Pilot Rooftop Solar Projects

The International Solar Alliance (ISA) has invited proposals from the governmental organizations of its member countries to develop rooftop solar projects at select buildings in their respective countries. These rooftop ...
/ / Rooftop, Solar
ISA Discusses Recommendations with Finance Minister Arun Jaitley Ahead of Next Budget

ISA Discusses Recommendations with Finance Minister Arun Jaitley Ahead of Next Budget

In a recent meeting with a delegation from the Indian Solar Association (ISA) and the Finance Minister of India, the ISA voiced its concerns over an anti-dumping duty and the ...
/ / Markets & Policy, Solar
ISA Poised to Become a Treaty-Based International Intergovernmental Organization

ISA Poised to Become a Treaty-Based International Intergovernmental Organization

The International Solar Alliance (ISA) is poised to become a treaty-based international intergovernmental organization on December 6, 2017, once Guinea ratifies the organization’s framework agreement. Guinea will become the fifteenth ...
/ / Markets & Policy, Solar
1,000 GW of Solar Can be Installed in Middle- and Low-Income Countries by 2030

Study: 1,000 GW of Solar Can be Installed in Middle- and Low-Income Countries by 2030

ISA to Start $1 Billion Pilot Project in 2018 At the ongoing conference of parties (COP)23 in Bonn, the findings of the Common Risk Mitigation Mechanism (CRMM) feasibility study were ...
/ / Solar, Utility Scale
Renewable Energy Development

ISA and EBRD Enter Partnership to Support Renewable Energy Development

The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed a joint financial partnership declaration that deepens their cooperation in support of renewable energy ...
/ / Markets & Policy, Solar
EIB to Provide Funding to Indian Renewable Energy Sector

EIB to Provide €800 Million in Funding to Indian Renewable Energy Sector

The European Investment Bank (EIB) will be providing €800 million (~₹61.3 billion) in funding for renewable energy investment across India. This includes renewable energy financing in partnership with the Indian ...
/ / Finance and M&A, Solar