Industry tie-ups and innovative financing mechanisms will drive MSMEs’ renewable energy adoption in India
Innovative financing mechanisms, such as credit guarantees and first-loss coverage, are essential to funding MSMEs’ adoption of renewable energy.
NTPC seeks channel partners for residential rooftop solar installations under rebate scheme
NTPC Vidyut Vyapar Nigam Ltd has launched the tender to select channel partners for installation of grid-connected solar PV projects under PM Surya Ghar: Muft Bijli Yojna in Maharashtra.
HomeScape by Amplus Solar partners SBI to provide easy finance options for residential solar customers
HomeScape by Amplus Solar customers can secure State Bank of India (SBI) loans of up to INR 200,000 for residential solar installations up to 3 kW and INR 600,000 for installations up to 10 kW.
Nigeria’s Rural Electrification Agency, Husk Power Systems partner to deploy 250 MW of decentralized renewable energy projects
Nigeria’s Rural Electrification Agency has partnered Husk Power Systems for inter-connected minigrids and isolated minigrids, rooftop commercial and industrial (C&I) solar, productive use of energy (PUE), and appliance sales and financing.
Malaysian government launches incentive scheme for residential solar
The Ministry of Energy Transition and Water Transformation in Malaysia is teaming up with private and public partners in the country to offer citizens financial incentives and discounts when adopting solar. It follows a government rebate scheme introduced in April.
Sunkind Energy secures 10 MW of rooftop solar projects
Sunkind Energy has secured 10 MW of rooftop solar EPC projects in Chhattisgarh, Haryana, Punjab and Rajasthan.
Algorithms to detect underperforming rooftop PV panels
Australian researchers have developed multi-stage algorithms to remotely detect and accurately diagnose underperforming solar panels in residential and commercial PV systems.
Tata Power, Indian Bank partner for collateral-free loan to residential rooftop solar customers
The collaboration aims to facilitate financing solutions under the Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme for rooftop solar PV installations up to 3 kW, as well as extend support for installations ranging from 3 to 10 kW under the regular scheme.
Apple partners CleanMax on rooftop solar projects for its operations in India
Apple has formed a joint venture with CleanMax to set up 14.4 MW of rooftop solar projects to power its operations in India.
UK investor, Dutch bank commit $50 million loan facility to C&I renewables developer BECIS
British International Investment (BII) and Dutch bank FMO have committed a $50 million joint loan facility to support BECIS to grow its rooftop solar portfolio in India and South-East Asia to nearly 350 MW by 2025.
