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Azure power raises 470 million dollars financing for its solar projects

Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […]

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NISE organizing Skill Development Program On Grid Integrated Rooftop Solar Projects Design & Technologies

National Institute of Solar Energy (NISE) is conduction 3-day skill development program on grid integrated rooftop solar projects design & technologies from 15th November. Learning objectives of the program includes-National and State Policies for Grid Integrated SPV Power Plants, Standards and Requirements for Grid integrated Solar roof top development, Various Business Models for Solar Rooftop […]

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Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana

Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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Tamil Nadu to float tenders for solar power projects

Tamil Nadu seems quite eager to hand over new tenders for solar power projects. Despite the price per unit of solar power falling down across the country, the states of Tamil Nadu was among the few states which signed PPA at 7.10 per unit until recently. Now, the Tamil Nadu Electricity Regulatory Commission (TNERC) has […]

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Ujaas commission’s three EPC projects across the country

Ujaas Energy Limited, a leading national provider of solar power and top solar energy graded Company with SP-1A solar energy grading, and the pioneer of solar REC Mechanism in the country announced successful commissioning of 25 MW EPC projects, executed at three different locations across the nation. The projects include: 9 MW Oil India Project […]

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MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects

Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […]

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MNRE asks Channel Partners, SNAs, PSUs and Agencies to ensure Geotagging of all renewable Energy projects

Government of India has setup an ambitious target of installing I 00 GW of Solar Power by 2022, which include 40GW of grid connected rooftop solar (RTS). RTS sector has tremendous potential for generating decentralized and distributed solar power by utilizing the rooftop and vacant areas of industrial, commercial, residential, institutional, social and public buildings. […]

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