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International Solar Alliance

Modi Calls for Concessional, Less-risky Financing for Solar Projs

We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […]

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23 Heads of State to Attend Solar Summit on March 11

It will focus on various aspects of promoting solar energy in 121 countries associated with International Solar Alliance (ISA) like credit mechanism, crowd funding and sharing of technology breakthroughs. In a bid to promote solar energy, India and France will co-host the first International Solar Alliance (ISA) Summit on March 11 at Rashtrapati Bhavan’s Cultural Centre in […]

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Why Emmanuel Macron’s Visit to India is Significant to Solar Sector?

Emmanuel Macron will be among the VVIPs from various countries, participating in the event to be organised at the Rashtrapati Bhavan Convention Centre on Sunday. French President Emmanuel Macron’s visit to India is seen as a significant development for India’s solar sector in various contexts. Macron’s tour to the country is happening at a time when […]

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ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet

The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […]

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Reassess Leh-Ladakh Solar Power Generation Scheme Says Piyush Goyal

While commenting on clean energy goals, Goyal said, “In 2022, with nearly 225 GW of renewable energy, my sense is that renewable energy would be between 15 and 17 percent of the country’s actual power consumption. The government should reassess the Leh-Ladakh solar power generation programme keeping in mind the lowered cost of generating power, […]

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Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh

Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […]

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Ireda and Rumsl Signs Agreement for Large-Scale Solar Parks in Madhya Pradesh

Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today for financing the shared infrastructure of two large Solar Parks in Madhya Pradesh. Ministry of New & Renewable Energy (MNRE), World Bank & IREDA have been able to work out a proposal to channelize US$ 100 Million […]

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Amplus Inks Pact with Yes Bank for Solar Power Projects

Rooftop solar energy company Amplus is also diversifying in new avenues such as battery storage, energy efficiencies, smart cities, and concentrated solar power technologies among others. Amplus Energy Solutions has signed an MoU with Indian private sector lender Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in the country. […]

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RK Singh Announces $350 Million Fund to Finance Solar Projects

The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […]

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