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Indian solar importers blocked from defering BCD settlements
Indian solar importers will no longer be permitted to postpone payment of the nation's standard customs task (BCD) following a new order from tax obligation authorities.
Jul 12, 2022 // Markets & Finance News, India, Asia, policy, BCD, import duty, bridge to india
Skoda Installs 8.5 MW Rooftop Solar Plant at Pune Facility
Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the company’s Chakan facility near Pune.
Dec 18, 2019 // Plants, Large-Scale, Commercial, Rooftop PV, India, Asia, rooftop PV, Skoda India, Gurpratap Boparai, Pinaki Bhattacharyya
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power
OMERS Infrastructure has actually tattooed a contract with International Finance Corporation and IFC GIF Investment Company I to make the purchase.
Aug 2, 2021 // Markets & Finance News, international finance corporation, Azure Power Global Limited, IFC GIF Investment Company I, OMERS Infrastructure, Stock Purchase Agreement, Annesley Wallace, Prateek Maheshwari
Indian 1.2 GW solar sees 'hostile' tariffs, Actis buys 400MW of properties
Azure Power and Tata Power were amongst the champions in a reverse auction for 1.2 GW of solar projects under India's ISTS programme which saw winning tariffs of INR2.43/ kWh (US$ 0.0324).
Aug 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, India, SECI, Asia, Actis, tata power, Azure Power, solar tender, acme, covid-19, auctions and tenders
Solar Tech Start-up Loom Solar Raises $2 Mn Funding from SIMA Funds, United States
Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
Jan 18, 2023 // Markets & Finance News, clean energy, Climate Change, Amod Anand, Arivazhagan G D, green energy solutions, Loom Solar, Social Investment Managers and Advisors
Zelestra Secures 25-Year PPA for Indian Solar Project
Zelestra secures a landmark 25-year PPA in India, powering up its solar ambitions with 1.5 GW in contracts and a vision for over 6 GW by 2026!
Aug 23, 2024 // Plants, India, Asia, PV Power Plant, Zelestra
Qatar to fund renewable power in India
Sovereign wealth fund of Qatar has acquired a 25.1-percent % stake in Mumbai’s unit of Adani Electricity for 450m USD. This purchase is meant to support Adani’s targeted 30-percent power generation from green sources by 2023.
Dec 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, India, Asia, Qatar, LONGi, Adani Green Energy
How China Ensured 55 GW Of Rooftop Solar In 2022
Out of 14 GW solar addition in 2022, rooftop solar made up simply 1.9 GW in India In China rooftop solar made up 55 GW out of 87 GW of complete solar capacity addition in the exact same year
Feb 13, 2023 // Rooftop PV, China, Asia, rooftop solar, RTS programme, Whole-County Rooftop Solar policy
The Renewable Resource Shift is Lastly Involving Asia: IEEFA
Regardless of the present financial closure because of the COVID-19 pandemic, the international renewable resource change is well in progress and also it is pertaining to Asia
May 18, 2020 // Markets & Finance News, India, Asia, energy transition, IEEFA, Renewable Energy
BP targets Indian renewables with US$ 70m growth fund financial investment
BP has actually invested US$ 70 million in an environment-friendly growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar company Lightsource BP.
Jul 8, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Lightsource BP, Asia, investment, finance, bp, Dev Sanyal, eversource capital, Dhanpal Jhaveri, Sashi Mukundan
ReNew Power plans foray into solar cell and also module production
The Haryana-based designer will spend Rs 1500-2000 crore in establishing the solar cell and also module manufacturing facility, which will at first have a production ability of 2 GW per year.
Jul 18, 2020 // Manufacturing News, India, Asia, ReNew Power, Sumant Sinha
France Mandates Solar Panel Installation on Parking Lots
France moves towards a more sustainable future by requiring solar panels on car parks over 1,500 square meters. The move highlights a push for renewable energy solutions where the market is slow to adopt.
Feb 9, 2023 // Rooftop PV, solar car park, car port, France solar legislation, India potential
Ginlong (Solis) Selects enPossibilities As Its Distribution Companion For Indian Market
By keeping significant supplies, enPossibilities will certainly bridge the gap between the availability of solar inverters' as well as the demands of solar installers and EPC players throughout the country.
May 23, 2023 // Manufacturing News, Markets & Finance News, India, Asia, solar inverters, Solis, EPC market, Ginlong Technologie
Indian panel maker Saatvik has plans for a 1.5-GW manufacturing facility in U.S.A.
Indian solar panel producer Saatvik informed Solar Power World it is exploring alternatives to open a 1.5-GW panel manufacturing plant in the United States. Saatvik currently supports a 1.5-GW plant in Haryana, India (that must broaden to 3 GW by September 2023), and is also developing a brand-new 2.5-GW panel and cell center in Gujarat, India.
Jun 1, 2023 // Manufacturing News, USA, India, Asia, solar panel, North America, Saatvik
Waaree Energies' 52.6MW Solar Project Wins EPC Deal
Waaree Energies Ltd. has been awarded an LOI for the construction of a 52.6MW photovoltaic project in India. EPC services to be completed before 2023/2024 fiscal year. Waaree Energies recently raised INR 10 billion to support 6GW capacity expansion. Company has 12GW in India producing solar ingots, wafers, cells, and modules.
Sep 13, 2023 // Markets & Finance News, India, Asia, PV Power Plant, Waaree Energies