World Bank Gives Final Approval For $100 Million Loan For Indian Solar Power Parks
The World Bank recently gave its final approval to a $100 million loan for two large-scale solar power parks in India.
National Solar Mission
750 Megawatt Solar Project In India Will Receive Loan At 0.25% From World Bank
Rewa solar power park will receive debt finance at just 0.25% from the World Bank. A few weeks back, a competitive auction for the 750 megawatt (MW) solar power park in Rewa, Madhya Pradesh, yielded the lowest-ever tariff for a solar power project in India.
Jammu & Kashmir Announces 450 Megawatt Rooftop Solar Power Target
The Jammu & Kashmir Department of Science and Technology has announced a target to have 450 megawatts of rooftop solar power capacity under the net-metering system by 2022.
India’s Cheapest Solar Power Project Will Be Viable, Says One Of The Bidders
Mahindra Renewables was one of the successful bidders at India’s cheapest solar power auction for Rewa solar power park.
32 Hours Of Marathon Bidding Yields Record-Smashing 4.9¢/kWh Solar Tariffs In India
Three units of 250 megawatts solar power were awarded at a levellised tariff of 4.9¢/kWh in India.
These 5 States Host Two-Thirds Of India’s Solar Power Capacity
Three of these states (Tamil Nadu, Telangana, and Andhra Pradesh) have been leading in terms of fresh capacity added this financial year, data up to 31 October 2016 released by the Ministry of New & Renewable Energy shows.
Solar Doubles Share In India’s Renewable Power Generation In 4 Years
According to the Minister of Power, Coal and New & Renewable Energy, electricity generated from solar power projects now accounts for 12.2% of the total electricity generated from all renewable energy projects in India.
Solar Power Capacity In India Tops 10 Gigawatts
India now has more than 9 GW of utility-scale and 1 GW of rooftop solar power capacity operational.
USAID Announces $75 Million Loan Guarantee For Off-Grid Solar In India
Loan guarantee program of USAID will cover off-grid solar power and energy efficiency projects in India.
Greenko To Acquire SunEdison’s India Assets For $315 Million
Media reports seem to confirm what has been doing the rounds in the Indian renewable energy sector for several weeks now, that Greenko Energy Holdings will acquire SunEdison’s India assets. Unnamed sources have confirmed to an Indian business daily that Greenko will acquire 390 MW of operational solar and 48 … [continued]
