MNRE Clarifies Residential Rooftop Solar Subsidy Applicability
The Ministry of New and Renewable Energy (MNRE) has issued a clarification regarding the subsidy applicable for rooftop solar installations by individual residential households under phase-II of grid-connected rooftop solar ...
Off-Grid Solar Solutions Provider BBOXX Raises $50 Million Funding Led by Mitsubishi
BBOXX, an off-grid solar solutions provider, has raised $50 million (~₹3.58 billion) in a Series D round of funding. Mitsubishi Corporation led the round by investing a significant amount. According ...
Policy Developments in India’s Solar and Other Renewables in August 2019
The month of August witnessed policy announcements related to net metering, distributed solar, rooftop solar, and even inverter related regulations. The ministry showed leniency in the solar parks program in ...
Nearly ₹29 Billion Allotted for Off-Grid Renewable Generation in Last 3 Years
A corpus of ₹29.37 billion (~$0.43 billion) has been provided for off-grid renewable energy generation sources in the past three consecutive budgets, beginning with the financial year (FY) 2016-17 and ...
Arunachal Pradesh Floats Tender for Over 1 MW of Off-Grid Solar Projects
The Arunachal Pradesh Energy Development Agency (APEDA) has introduced a tender for over 1 MW of off-grid solar photovoltaic (PV) projects to be installed in the state. Through this tender, ...
Old Off-Grid Solar Projects Could Soon Be Grid-Connected
The Ministry of New and Renewable Energy (MNRE) has received requests from state nodal agencies and implementing agencies for connecting old off-grid solar projects sanctioned under MNRE’s program to the ...
Off-Grid Solar Solutions Provider SolarHome Raises $1 Million Equity Funding from Trirec
Singapore-based startup SolarHome, a Pay-As-You-Go (PAYG) solar solutions provider for off-grid households in Myanmar, has secured another $1 million equity from its existing investor Trirec. In 2018, Trirec was joined ...
Power Generated by Solar Pumps to Account Towards RPO Fulfilment in Maharashtra
In a recent order, the Maharashtra Electricity Regulatory Commission (MERC) has stated that the power generated by off-grid solar photovoltaic (PV) water pumps will be counted towards meeting the renewable ...
Sweden’s Trine Helps Finance Greenlight Planet’s Off-Grid Solar Projects in India
Trine, a Swedish investment company that enables individuals to invest sustainably, and Greenlight Planet, a provider of off-grid solar products, have announced the closure of a €1.8 million ($2.36 million) ...
Maharashtra Floats EPC Tender for 4,664 kW of Off-Grid Solar Projects
The Maharashtra Energy Development Agency (MEDA) has issued a tender for 4,664 kW of off-grid solar photovoltaic (PV) projects to be developed across the state. The bid submission deadline is ...
Off-Grid Solar Solutions Provider d.light Raises $41 Million in Equity Funding
Off-grid solar solutions provider d.light has raised $41 million in equity financing from a consortium led by Inspired Evolution, an Africa-focused investment advisory firm that specializes in the energy sector. Consortium partners ...
Off-Grid Solar Solutions Provider ZOLA Gets $32.5 Million to Expand Footprint in Tanzania
ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $32.5 million in funding from FMO, the Dutch entrepreneurial development bank; and Symbiotics, a leading ...
EU Provides €60 Million Grant to the Philippines to Install Solar Home Systems
The European Union (EU) has provided an approximate grant of €60 million (~$68.54 million) to the Philippine government to help the country increase access to electricity services in its off-grid ...
India Grabs the Top Spot, Sells 1.3 Million Off-Grid Solar Products in H1 2018: Report
According to a newly published report by the Global Off-Grid Lighting Association (GOGLA), India has emerged as the world’s largest cash market for off-grid solar products, with 1.3 million products ...
IIX Global Announces $1.66 Million Investment into an Off-Grid Solar Firm in Bangladesh
IIX global, a Singapore based organisation, has announced an investment of $1.66 million under Series A round from the IIX Growth Fund, into off-grid solar energy firm SOLshare. This is ...
BBOXX and GE Electric Enter Partnership to Provide Solar Solutions in Congo
BBOXX, an affordable clean energy solutions provider to off-grid communities in Africa, and General Electric have launched a partnership to provide energy access for small businesses, schools and other organisations ...
AfDB, NDF and Partners Launch Off-Grid Energy Access Fund with $58 Million
The African Development Bank (AfDB), the Nordic Development Fund, and other partners have committed $58 million to support the Off-Grid Energy Access Fund (OGEF). The fund is part of AfDB’s ...
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 ...
Andhra Pradesh Issues Tender for 25,000 Solar-Powered Water Pumps
The New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) has issued a tender for 25,000 off -grid solar PV water pumping systems. Out of 25,000 solar pumping ...
ADB to Provide $45.44 Million Assistance to Bangladesh for Off-Grid Solar Solutions
The Asian Development Bank (ADB) has announced that it will give $20 million loan to Bangladesh under its Power System Efficiency Improvement Project for the furtherance of off-grid solar solutions ...
Is India’s Electric Vehicle Push for Real This Time?
The shift from fossil-fuel powered vehicles to electric vehicles (EVs) has become more important than ever for India. The country has to embrace EVs quickly, if it wants to cut ...
MNRE to Soon Announce Benchmark Cost for Off-Grid and Rooftop Solar for FY 2018-19
The Ministry of New and Renewable Energy (MNRE) has notified that it is soon going to announce the new benchmark cost for off-grid solar photovoltaic (PV) systems and rooftop solar ...
NREDCAP Issues Tender for 5,000 Solar-Powered Water Pumps in Andhra Pradesh
The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has issued a tender to procure and set up 5,000 solar-powered water pumps in the state as part of ...
USAID Announces $6.3 Million for Sub-Saharan Africa’s Off-Grid Solar
The United States Agency for International Development (USAID) has awarded a total of $6.3 million to strengthen the off-grid energy sector in Sub-Saharan Africa. The awards will provide capital to ...
USICEF to Provide $900,000 in Grants for Distributed Solar in India
The US-India Clean Energy Finance (USICEF) initiative is set to provide $900,000 in grants to companies involved in India’s solar sector as part of an effort to catalyze the adoption ...
