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solar energy projects

ONGC, NTPC Green Energy In Tie-Up For Offshore Wind

Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation Green Energy Limited (NGEL) have signed a Joint Venture Agreement (JVA) to focus on offshore wind energy projects. The development was widely expected considering the push into offshore wind, and ONGC’s own experience with the domain relatively among energy majors. The agreement was signed […]

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Solar GM Reliability Assurance_DM

To ensure RCA & CAPA for major failures of Asset and horizontal deployment To ensure and achieve asset performance Target KPI like, Availability, LPF, MTTR, MTBF, Reliability Factor, cost of maintenance, quality of service, Revenue loss etc To monitor the actual performance parameter Vs contractual of each asset and follow up with respective OEM for […]

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IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa

International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […]

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Solar Finance Startup Metafin Gets $5 Million Funding

Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […]

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The Pushback Against China’s Dominance In Solar Manufacturing

Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […]

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Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects

Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […]

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Rooftop Solar: Rajasthan Regulator Increases Net-Metering Limit To 1MW

Rajasthan Electricity Regulatory Commission (RERC), in its latest suo-motu order, increased the net metering limit for rooftop solar consumers from 500 Kw to 1 Megawatt (MW). The order cited the slow growth of rooftop solar in the state and the thrust of the Union government toward the segment. Per the Rights of Consumer (ROC) Amendment […]

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UNPEDA Issues Three Tenders For 7-MW Rooftop Solar Installations

The Uttar Pradesh New And Renewable Energy Development Agency (UPNEDA) has released three tenders for the installation of 7 MW of grid-connected net-metered rooftop solar projects accompanied by battery backup. As far as the first tender is concerned, qualified bidders are invited to participate in the procurement process for the installation of grid-connected net-metered rooftop solar projects […]

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Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer

Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […]

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