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Bosch Signs 3 Long-Term Agreements to Procure Solar Power

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […]

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Azure Power Awarded Most Sustainable Company in Solar Industry

Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […]

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CIP Acquires 350 MW Solar Project in Texas; Shell to Purchase Power

SPDI and Avondale Solar have completed the sale of the 350 MW ac Fighting Jays Solar PV project in Texas to an affiliate of CIP. Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable Technologies and Avondale Solar on July 22, 2020, completed the sale of the 350 MW ac Fighting Jays Solar PV project in Fort […]

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sPower Secures $700 Mn in Financing for 620 MW Solar Project

sPower has closed on USD 700+ million construction/term loan financing for the 620 MW dc Spotsylvania Solar Energy Center in Virginia sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company closed on USD 700+ million construction/term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. At 620 MW […]

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Maharashtra Forms new Committee to Frame Solar Power Policy

The Maharashtra energy minister Nitin Raut has said that the state energy department has set up a new committee to frame Maharashtra’s new Solar Power Policy The Maharashtra energy minister Nitin Raut has announced that the state energy department has set up a new committee to frame the state’s new Solar Power Policy. The high-power […]

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Kahramaa Closes Financing for World’s 2nd Cheapest Solar Power Project

Kahramaa has announced the successful financial closure for the Siraj-1 solar power plant project, the first of its kind project in Qatar Qatar General Electricity and Water Corporation (Kahramaa) has announced the successful financial closure and completion of all needed financial arrangements with its international financiers for the Siraj-1 solar power plant project, the first […]

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MNRE Guidelines For Off-grid Solar Power Plants in RESCO Mode

The Ministry for New and Renewable Energy (MNRE) has finally issued the guidelines for the implementation of off-grid solar power packs/ plants installed in RESCO mode and through model PPA. The newly issued guidelines follow the ministry’s order in April last year that extended Off-grid and Decentralized Solar PV Applications Programme –Phase III till March 31, […]

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Navy Station in Raigad Brings Online 2 MW Solar Power Plant

The first 2 MW solar power plant of the western command of the Indian Navy was inaugurated at the IN Karanja Station in Raigad district of Maharashtra. The first 2 MW solar power plant of the Indian Navy was inaugurated at the IN Karanja Station near Uran in Raigad district of Maharashtra on July 21, 2020, officials said. Vice Admiral […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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