The Government of India has set an ambitious target of installation for Grid Connected Rooftop Solar Photovoltaic projects for 40 GW out of the total target of 175GW . PNB has availed a line of credit of $ 500 Million from Asian Development Bank for financing Rooftop Photovoltaic Solar Power Read more…
Indian Railways plans to use its surplus land along the tracks to generate 20-gigawatt production capacity of renewable energy, enough to power the entire Railways, said Piyush Goyal, Minister of Commerce & Industry, and Minister of Railways. “[however] we may need to expand our battery storage or form the storage Read more…
New Delhi: Worksport has announced the global launch of a tonneau cover that generates electricity with solar energy to electrify conventional trucks and soon provide a meaningful charge for forthcoming electric pickups and other light trucks. The add-on solar accessory named TerraVis is a highly advanced fusion of solar engineering, technology, and design for light-duty pickup trucks, Read more…
New Delhi:Â Prime Minister Narendra Modi today called for concessional financing and less-risky funds for solar projects to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions. Speaking at the founding conference of the International Solar Alliance (ISA), he said India will generate Read more…
Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants in the Indian state of Gujarat ranging in size from 10 MW to 55 MW across three substations operated by Gujarat Energy Transmission Corporation Limited (GETCO). The project sites Read more…
Coal tar derivatives company Epsilon Carbon on Monday said it is planning to invest Rs 500 crore over the next five years to manufacture graphite anode materials for lithium-ion batteries, marking its foray into battery material business. The battery material business will be housed under a new subsidiary, Epsilon Advanced Read more…
A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able to achieve similarly cheap – or cheaper – solar tariffs. But a new report by the Institute for Energy Economics and Financial Analysis Read more…
Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants across three substations operated by Gujarat Energy Transmission Corporation Limited. Bidding closes on September 16. Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate Read more…
Solar financing normally comprises of two parts: an equity investment and project financing to cover the debt portion. Prior to any kind of investment, project evaluations identify the risks and methods of mitigating any risks. Where the project has inherent risks, the exposure to these riskswill be negotiated between the Read more…
As discussed in the previous article, investors typically need to evaluate the legalities, consent and technical aspects of a project before agreeing to invest. The due diligence conducted at the equity stage is mostly based on previously available technical information. Whereas, as for the case of project finance, due diligence Read more…