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AfDB Approves ZAR 3Bn for 100MW Solar Project in SA

The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […]

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R K Verma Takes Charge as Technical Member in APTEL

Ravindra Kumar Verma has served in various capacities in Central Electricity Authority for more than 37 years and has rich and varied experience of power sector in generation, transmission, distribution and grid operation. The Ministry of Power said that Ravindra Kumar Verma has assumed the charge as Technical Member in the Appellate Tribunal for Electricity […]

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LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report

BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […]

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IPGCL Issues 35MW Rooftop Solar Tender for Delhi

The online bid submission for the tender has already been started from December 1, 2018 and it will close on December 21, 2018 at 11:00 AM. Delhi Government-owned utility firm Co Ltd (IPGCL) has issued a tender to set up 35 MW rooftop solar PV project in Delhi under Mukhyamantri Solar Power Yojna. The utility […]

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AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya

Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […]

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Rising Global Temperature will Hit Countries like India Hard: Dr Harsh Vardhan

The Minister tweeted on the sidelines of the 24th meeting of Conference of Parties (COP-24) to the United Nations Framework Convention on Climate Change (UNFCCC). The Union Environment Minister, Dr Harsh Vardhan said that rising global temperature will hit countries like India hard. A 1.5C rise in global temp will impact disadvantaged and vulnerable sections […]

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MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir

Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […]

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West Bengal Issues Tender for Two MW Rooftop Project

The tender will also include five years warranty and comprehensive maintenance in residential, institutional, and social sector on turnkey basis. Pushing for solar rooftops in the state, the West Bengal Renewable Energy Development Agency has issued a tender for 2MW of grid-connected solar-rooftop projects to be developed. The tender will also include five (5) years […]

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Freedom Solar Launches Commercial Solar Financing Vehicle in Texas

The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […]

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