All the implementing agencies of rooftop solar projects under the capital subsidy scheme related to rooftop PV across the residential, social and institutional sectors has been reminded by India’s Ministry of New and Renewable Energy (MNRE) that it is mandatory to go through a transparent bidding process to discover tariffs and to keep the projects eligible for subsidies.
European Investment Bank (EIB) said it will ink an agreement on Saturday to provide loan for small and big clean energy projects in India, which will be part of its Euro 800 million investment in the country.
The joint venture of Think Energy and EverStream Capital plans to invest US $ 300 million in equity capital to either acquire or develop 2,000 MW solar projects in India.
Longi Solar has confirmed it will be the first Chinese solar company to set up manufacturing facilities in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China.
The World Bank’s International Finance Corp (IFC) will provide $440 million in debt to Mahindra Renewables Pvt. Ltd, Acme Group and global private equity fund Actis Llp to build the Rewa solar park in Madhya Pradesh.
Led Expo, India’s renowned fair for LED lighting, components and technologies were inaugurated on 30 November 2017 at Pragati Maidan, New Delhi. Organised by Messe Frankfurt Trade Fairs India Pvt Ltd the show is regarded as one of the most influential events for the business of LED products and tech