Waaree Energies raises INR 1bn through Centrum-led investors
A structured credit deal has been struck between Centrum-led investors and Waaree Energies Ltd, an Indian solar power firm.
US to drag India back into WTO solar wrangle
Reuters reports that the United States is once again planning to take India back to a WTO ruling regarding an ongoing solar power dispute. Last year India lost the case against the U.S., which had alleged discriminatory practices in favor of domestic firms and against foreign competitors.
EIB partners with YES Bank to offer $400m funding boost to Indian renewables
Both the European Investment Bank and India’s YES Bank will provide $200 million investment to co-finance a series of solar and wind power projects across India.
India electrifies over 15,000 villages in last three years – MNRE
MNRE head, RK Singh says 15,183 Indian villages have been electrified, out of 18,452, as of November 30. Free electricity connections have also been granted to 44.41 lakh below poverty line (BPL) households under the government’s rural electrification scheme.
Oriano Solar commissions 40 MW thin film PV plant in Karnataka
Solar EPC firm, Oriano Solar has installed two 20 MW thin film PV plants in Karnataka. The modules, based on CdTe technology, are procured from U.S.-based company First Solar.
Emmvee’s solar heater fab goes green with 1 MW rooftop PV
Bangalore-based solar module manufacturer, Emmvee has commissioned a 1 MW rooftop PV plant at its solar water heater manufacturing facility in Dobespet, Karnataka.
Stable outlook for Indian power sector – Moody’s
Moody’s Investor Services and its Indian affiliate, ICRA Limited have announced that India’s power sector will see stability over the next 12 to 18 months, reflecting the government’s policy initiatives and established industry.
India’s DISCOMs to manage nationwide rooftop PV deployment under new $3.6bn MNRE scheme
The Ministry of New and Renewable Energy will make available $3.6 billion to distribution companies in India to boost their deployment of rooftop solar PV projects under Phase-II the National Solar Mission.
SECI to roll out 10 GW floating solar tender
The Solar Energy Corporation of India will invite expressions of interest (EOI) from developers eager to build, own and operate floating PV installations at selected sites across the country.
Apparel industry adopting solar energy in India
The ‘Adoption of Solar Energy for Apparel industry’ program was organized by cluster development services in Ludhiana, Punjab to promote solar in the textile/apparel industry.
