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JinkoSolar Signs $25 Million Tradeline with Maybank

JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […]

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MNRE to introduce three new products under off grid and decentralized solar PV application scheme

Ministry of New and Renewable Energy (MNRE) is gearing up to introduce three new products under off grid and decentralized solar PV application scheme. The ministry is also inviting comments on the new products which can be sent to tarun.singh@nic.in before 10th September. The three products include LED based street light, SPV based solar storages […]

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REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer

REC Solar has announced the appointment of Matt Walz as chief executive officer.  Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […]

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Cooch Behar’s 51 enclaves to get solar water pumps for power, irrigation

North Bengal Development Minister Rabindranath Ghosh has stated that solar-based water pumping units would be set up in the 51 enclaves that had become a part of India last year, following the historic exchange of land between India and Bangladesh. The step is being taken in a bid to make residents of enclaves in Cooch […]

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TMEIC to deliver 17 units of its Solar Ware 1667 PV inverters for solar project in Hawaii

Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has received an order of 17 units of its SOLAR WARE 1667 outdoor PV inverters with a salt damage prevention specification for a utility scale solar power plant currently under construction on Oahu island of Hawaii. The plant is being built by Eurus Energy America Corporation, a U.S. subsidiary […]

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SECI awards 240MW solar project to Essel Green Energy in Odisha

Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […]

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BSNL to offer its Telecom Factory in Bhilai, Chhattisgarh for manufacturing of solar equipments

Government of India introduced various policies viz Make in India, Digital India, National Electronic Manufacturing Policy as well as National Telecom Policy which lay special emphasis on indigenous manufacturing of Electronic / Telecom Equipments & products. Govt. has also made very ambitious plans to aggressively accelerate the solar energy program under Jawaharlal Nehru Solar Mission. […]

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Bengaluru to use aircraft to design roadmap for rooftop solar generation

The Bangalore Electricity Supply Company (BESCOM) has signed an agreement with Centre for Study of Science, Technology and Policy (CSTEP) and Karnataka Renewable Energy Development Limited (KREDL) to design a roadmap to boost the quantum of power generated using solar energy. A senior official from BESCOM’s Demand Side Management department mentioned that “The Ministry of […]

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