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Govt announces ambitious Solar Power Capacity but withdraws subsidy to industries

By : sustainabilityo..., Dec 17, 2015

While the Government has set a target of 1 lakh MW of solar power by the year 2022, the subsidy available to industry to set up solar power plant for in house use has been withdrawn. Till some...

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Sungevity Closes Massive $650 Million Residential Solar Financing Round

By : sustainabilityo..., Dec 17, 2015

California-based solar sales company Sungevity has closed an equity and project financing round worth $650 million.

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SoftBank opens its solar account in India

By : sustainabilityo..., Dec 16, 2015

SB Energy has announced that it has won the NTPC bid to develop a 350MW solar plant under the Phase-II, Batch-II, Tranche-I of National Solar Mission at a 25-year tariff of Rs. 4.63/ kWh....

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Will 3rd-Party Financing Open Up China’s Rooftop Solar Market

By : sustainabilityo..., Dec 16, 2015

A new funding...

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India Approves 27 Mega Solar Power Parks With 18.4 GW Capacity

By : sustainabilityo..., Dec 15, 2015

India’s Ministry of New & Renewable Energy has reported progress on the ambitious program of setting up ultra mega solar power projects across the country.

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First Solar Predicts 3 GW Of Shipments For 2016

By : sustainabilityo..., Dec 11, 2015

First Solar, one of the world’s premier solar PV manufacturers, expects to ship between 2.9 and 3.0 GW worth of product in 2016, according to new financial guidance.

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Investors with assets of £352 billion call on companies to commit to renewable energy

By : sustainabilityo..., Dec 10, 2015

20 institutional investors managing over £352 billion in assets under management are joining forces to urge some of the world’s largest companies to commit to 100% renewable power.

The new initiative is being launched today at COP21 by Responsible Investment charity ...

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SunEdison Confident About Returns From India’s Cheapest-Ever Solar Power Project

By : sustainabilityo..., Dec 9, 2015

In spite of having secured the rights to develop a 500 MW solar power project at the lowest-ever tariff in India, global renewable energy project developer SunEdison is confident of healthy returns from the project.

SunEdison...

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Welspun Renewables Commissions 126 MW Pratapgarh Wind Project

By : sustainabilityo..., Dec 8, 2015

Welspun Renewables has announced commissioning of its 126 MW wind project located in Pratapgarh district of Rajasthan. The project is the largest wind project in the company’s portfolio. The project will generate 290 million units of clean energy and help mitigate 2,11,922...

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India Plans $1 Billion Equity Fund For Renewable Energy Projects

By : sustainabilityo..., Dec 4, 2015

As competition among renewable energy project developers in India continues to increase the Indian Government is planning to step up investment in the sector to keep the momentum going.

The Indian Minister for Power, Coal, and Renewable Energy, Piyush Goyal, recently...

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