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
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: 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
Open access allows large users of energy, mainly those who consume over 1 megawatt of power, to buy power from the open market instead of depending on a more expensive grid.Haryana electricity distribution companies (discoms) are yet to allow solar power developers to use their power transmission and distribution networks Read more
Lenders are averse to financing the cost of tariff barriers imposed by India to check cheap Chinese imports of solar equipment. Banks and financial institutions are not providing loans for payment of safeguard duty on solar cells, modules, inverters etc importd from China. The Central Electricity Regulatory Commission (CERC) since Read more
The State electricity distribution companies (discoms) are reluctant to execute contracts after large clean energy power projects have been awarded the job of putting up major solar and wind power projects to achieve the countries target of 100 GW power from solar projects and 60GW power from wind projects by Read more
Over the past couple of years, battery technology has improved significantly with many new lithium battery types emerging as manufacturers explore different ways to add or couple batteries to new or existing solar systems. The original Tesla Powerwall was the first ‘high voltage’ DC battery system. Ever since its introduction, Read more