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MNRE Issues Guidelines for Decentralised Solar Plant Development

In a bid to promote decentralized solar energy and availability of affordable and reliable solar power in rural areas of the country, the Ministry of New and Renewable Energy (MNRE) has formulated draft guidelines for the development of decentralized solar power plants. The government said that its motive behind issuing these guidelines is to provide […]

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Karnataka Commission Encourages Third Party Investments in Rooftop Solar

KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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Facebook’s 102.5 MW Solar Farm Commissioned in Georgia

Facebook’s first solar project in the state of Georgia, the 102.5 megawatts (MW) solar farm is now operational in Early County. Facebook‘s first solar project in the state of Georgia is now operational in Early County. Facebook representatives joined Walton Electric Membership Corporation (EMC) and Silicon Ranch to “flip the switch” on the 102.5 megawatts […]

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Greenbacker Acquires 19 MW Solar Project in Michigan

Greenbacker has reached an agreement with Prism Power Partners to acquire a 19 MW construction-ready solar project in Michigan Greenbacker Renewable Energy Corporation has reached an agreement with Prism Power Partners to acquire Electric City Solar, a 19 MW construction-ready solar project in Michigan with a 25-year municipal off-take agreement. The transaction marks another successful […]

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DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme

DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […]

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EIB to Finance 300 MW Solar Power Project in Spain

EIB has announced that it will invest EUR 76.5 million in one of the largest solar projects in Spain, the 300 MW capacity Talayuela solar power project The European Investment Bank (EIB), the premier investment institute in the region has made a big mark at the ongoing COP 25 climate conference in Madrid, Spain with […]

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India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target

RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […]

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