Tags: solar energy

IFC finance for Thar Surya solar, SwitchON Foundation, Larsen & Toubro, Sakaka IPP PV, ReNew Power

This week’s Solar News Wrap includes:-IFC finance for Thar Surya solar, SwitchON Foundation, Larsen & Toubro, Sakaka IPP PV, ReNew Power and more IFC proposes $50million debt finance for Thar Surya solar power project International Finance Corporation plans to debt finance the construction of Thar Surya 1 Pvt Ltd’s 300 MW solar power project in […]

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Union Cabinet approves Rs 4,500 crore PLI scheme to boost domestic solar manufacturing

The Union Cabinet has approved a Rs 4,500 crore production-linked incentive (PLI) scheme to boost domestic manufacturing capacity of solar PV modules. The PLI scheme is aimed at adding 10,000 MW manufacturing capacity of integrated solar PV modules entailing direct investment of Rs 17,200 crore. The PLI scheme is likely to create direct employment of […]

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IIT Delhi is now greener than ever reducing carbon footprint by 50 percent

IIT Delhi, an Institution of Eminence has achieved another milestone by becoming the first Central Government funded Technical Institute to reduce its carbon footprint by more than 50%. The institute recently signed bilateral power purchase contract with a hydro power generator in the state of Himachal Pradesh for 2 MW through PTC India Ltd., as […]

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Tata Power to develop 60 MW Solar Project for GUVNL

Tata Power has announced that the Company has received a Letter of Award from Gujarat Urja Vikas Nigam Limited (GUVNL) on 26th March 2021 to develop a 60 MW solar project in the state of Gujarat. The energy will be supplied to GUVNL under a Power Purchase Agreement (PPA), valid for a period of 25 years […]

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183 primary schools in Punjab to go green tapping solar power

In a bid to reduce the cost of electricity in the government schools of the state, the Punjab government would install 3KW solar panels in 183 primary schools at a cost of Rs. 2.74 crore. Education Minister Vijay Inder Singla said that the Education Department is making continuous efforts to further strengthen the infrastructure in […]

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ABB reaches 5GW milestone in delivering solar plant automation solutions in India

ABB has announced that it has reached a cumulative 5GW milestone in delivering solar plant automation solutions in India. The firm said it has reached the cumulative 5-gigawatt (GW) mark in providing Programmable Logic Controller based (PLC) solar plant automation solutions in India. This milestone is an outcome of many significant solar power projects that […]

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Coal India plans to manufacture solar wafers and participate in solar auction: Report

Coal India is planning to bet big on solar as the world’s largest coal miner is looking to venture into solar wafer manufacturing and wants to “aggressively” participate in the country’s solar energy auctions, chairman of Coal India Pramod Agarwal told Reuters in an interview. Pramod Agarwal speaking to the news agency said “Coal as […]

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BCD on Solar Cell and Modules to cost Rs 900 crore to discoms annually: Ind-Ra

India Ratings and Research (Ind-Ra) in a report said that Government’s decision to levy basic customs duty (BCD) on solar cells and modules from April 1 2022 will lead to increase in solar power tariff rates and create additional risk for domestic manufacturers in incurring significant capex, according to. Further, it would reduce the overall […]

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Italy joins ISA, AGEL acquire SkyPower asset, Waaree Energies SP1A ranking, BHEL tender for solar value chain and more

This week’s Solar News Wrap Includes Italy joins ISA, AGEL acquire SkyPower asset,  Waaree Energies SP1A ranking, BHEL tender for solar value chain, USAID and DFC loan for rooftop solar and more Italy joins International Solar Alliance Italy on Wednesday joined International Solar Alliance (ISA) upgrading its partnership with India in a year that coincided […]

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