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SunEdison says in talks for potential DIP financing

By : sustainabilityo..., Apr 18, 2016

Solar energy company SunEdison Inc said on Friday it was in talks for potential debtor-in-possession financing with some of its first and second-lien lenders.

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World Bank should increase financial aid to renewable energy sector, says New and Renewable Energy Secretary, Upendra Tripathy

By : sustainabilityo..., Apr 15, 2016

Global financial institutions, like the World Bank, should provide a clear roadmap and increase their financial commitment from five percent to at least 15 percent in development of India’s...

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Subject Tags: Financing , Green Bonds , solar

SunEdison in talks to sell India solar stakes to Fortum: report

By : sustainabilityo..., Apr 15, 2016

SunEdison Inc is in talks to sell minority stakes in its India solar projects to Finland’s Fortum, two sources said, as the US firm seeks funds to finish proposed plants in India amid bankruptcy...

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Subject Tags: industry news , solar

ACME group wins 100 MW solar project in Karnataka at Rs 4.79 per unit

By : sustainabilityo..., Apr 14, 2016

ACME Group, on Wednesday announced that it is has expanded its current portfolio to around 1,329 MW after winning a 100 MW project at Pavagada Solar Park in Karnataka at Rs 4.79 per unit. This...

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Subject Tags: solar

Manufacturers to gain from Niti Aayog-coordinated solar power policy push

By : sustainabilityo..., Apr 14, 2016

India is readying a major solar push to build on recent successes with a brand new policy to aid manufacturing of equipment that's going to be in great demand if the government's plans fructify...

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Subject Tags: manufacturing , policy , solar

Hindustan Power commissions 30 MW solar farm in Punjab

By : sustainabilityo..., Apr 13, 2016

The clean energy arm of Hindustan Power on Tuesday commissioned a 30 MW solar farm in Mansa district of Punjab which can help light up 24,000 homes.

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Subject Tags: power , solar

Canada's SkyPower says seeking partners for India solar projects

By : sustainabilityo..., Apr 13, 2016

Canadian solar company SkyPower is looking for partners for its India projects and will start building them in the fall of this year, its chief executive told Reuters on Tuesday, adding it was...

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Subject Tags: industry news , solar

China supports India’s solar incentives

By : sustainabilityo..., Apr 11, 2016

India’s stand on providing incentives and subsidies to domestic manufacturers of solar cells and panels, which has been challenged by the US at the World Trade Organisation (WTO), has received...

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SunEdison bankruptcy risk won’t derail Indian solar targets, says government

By : sustainabilityo..., Apr 8, 2016

The financial woes of US developer SunEdison would only have a small impact on India’s overall solar deployment targets and any incomplete PV projects would be retendered immediately, Tarun...

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Subject Tags: industry news , power , solar

India’s NTPC and Steel Authority auctioning for 50MW solar in Tamil Nadu

By : sustainabilityo..., Apr 6, 2016

NTPC-SAIL Power Company Private (NSPCL), a joint venture between Indian state-owned utility NTPC and Steel Authority of India, is tendering for the development of a 50MW solar PV project near to...

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Subject Tags: power , solar