Reliance Capital signs $46m deal with IREDA for renewable projects
Reliance Money has announced that it will receive INR 3bn ($46 million) from IREDA for financing renewable projects across India.
European Investment Bank partners with International Solar Alliance, confirms €800m ($940m) Indian RE support scheme
The EIB has also confirmed that it will provide $940 million in financial support for Indian renewable Energy.
MNRE urges Tamil Nadu to prevent curtailment of solar
The Ministry of New and Renewable Energy (MNRE) has confirmed that renewable energy in Tamil Nadu should have “must run” status and there should not be any more backdowns in solar power.
IESA presents ambitious India Energy Storage Policy
The Indian Energy Storage Association’s Forum 2017 covered two broad topics – first, policy discussion on Electric Vehicles (EV), manufacturing and innovation in the energy storage sector. Secondly, the forum examined the integration of Energy Storage Systems (ESS) with the renewable energy sector.
Sachin Tendulkar bats for solar, plays straight drive by lighting up rural areas in India
The Bharat Ratna awardee and India’s most beloved cricketer, Sachin Tendulkar has collaborated with Schneider Electric for its “Spreading Happiness in Diya Foundation (SHIF)” campaign with solar home lighting systems.
Indian renewable power developers queue for initial public offerings
It is expected that more and more Indian developers will be listed on IPOs in the coming years as an effective means to raise the equity for new power projects.
IREDA lists $300 million bond on London Stock Exchange
Net proceeds from the bond will be used to finance the construction of several large-scale solar and renewable energy projects across India.
Tamil Nadu signs MoUs for 1.5 GW solar auction
The government of Tamil Nadu this week signed MoUs with four companies to set up solar plants, after 16 companies successfully bid for 1.5 GW of capacity.
India launches scheme to electrify all, with solar at core
Indian Prime Minister Narendra Modi launches ‘Saubhagya’ scheme with goal to provide electricity to entire country via heavy reliance on solar power.
Slight rise in India’s solar tariff: bids at INR 2.65 in Gujarat
A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh at Bhadla Solar Park in Rajasthan.
