India

International Solar Alliance to Develop an Insurance Scheme

International Solar Alliance has created an international expert group to work on blue print of the mechanism which is expected to come out in next year. The International Solar Alliance (ISA), which became a treaty-based global entity on December 6, is planning to develop an insurance scheme – Common Risk Mitigating Mechanism – to protect […]

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Czech Republic to Invest in Punjab, Envoy Met CM Amarinder Singh

The Ambassador further offered unique 15-seater aircraft for boosting regional mobility in Punjab. Punjab Chief Minister Amarinder Singh and Czech Republic Ambassador Milan Hovorka met each other to discuss and discover over investment opportunities in the field of manufacturing in Punjab. As per an official release, Hovorka and the accompanied high-level delegation possessed keen interest […]

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Sinacon PV Central Inverters Launched in India by Siemens India

A solar PV inverter converts the variable direct current (DC) output of a photovoltaic solar panel into a utility frequency alternating current (AC).  Siemens India launched with Sinacon PV a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA. The inverter is part of the Siemens new electrical Balance of […]

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Indian Railway Finance Corporation Issues USD 500 million Green Bond

Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […]

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RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty

Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […]

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HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses

HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […]

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Yogi Adityanath Govt Approves Solar Energy Policy to Generate 10,700 MW Green Power

The Uttar Pradesh government has approved new Solar Energy Policy-2017 that aims to generate 10,700MW electricity through solar panels. The Yogi Adityanath Government has given nod to a new Solar Energy Policy-2017 which would be effective for five years until 2022. Under the new policy, 10,000 surya mitras will be appointed in the state. According […]

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India Installs 1861 MW Solar Power, Maharashtra Leads From the Front

Maharashtra, has overtaken Tamil Nadu to become the largest solar rooftop state in India says the Bridge to India report. Renewable energy consultancy firm Bridge to India in its latest edition of its infographic report, ‘India Solar Rooftop Map’ has said India added new rooftop solar power capacity of 840 MW in the last 12 […]

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India Successfully Commissioned Largest Floating Solar Power Plant

Through this solar power plant, as many as 7.5 lakh units of power will be transmitted to the KSEB’s Padinjarathara substation. In a significant development, India’s largest floating solar power plant in Kerala has successfully commissioned by Power minister M M Mani on the Banasura Sagar reservoir at Padinjarethara in Wayanad. According to the Kerala […]

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