Author
Sraisth
Sraisth joined the pv magazine team in September 2017. He covers the Indian PV market and is responsible for the pv magazine India website. He has completed post-graduate studies in solar technology, and has technical experience in module manufacturing.
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Articles written by Sraisth
‘Groundbreaking’ $40 million green bond issued by Singapore’s Sindicatum for Indian PV projects
Global law firm, Norton Rose Fulbright has advised GuarantCo, the international development finance institution, on a landmark INR 2.5 billion ($40 million) dual-tranche unsecured wrapped and rated bond, issued by Sindicatum Renewable Energy Company Pvt Ltd. Such green bonds are beneficial to the country, since they offer low interest rates and long-term repayment schemes, says Dharmendra kumar, an analyst from IHS Markit.
Mar 09, 2018
EIB to sign clean energy loan with India, prior to ISA founding ceremony
The European Investment Bank (EIB) today said it will ink an agreement tomorrow, Saturday, March 10, to provide a loan for both small- and large-scale clean energy projects in India, which will form part of its €800 million (around US$984 million) investment in the country.
Mar 09, 2018
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India launches national electric mobility program, aims at 30% electric fleet by 2030
India has revised its e-mobility policy, and now aims to reach 30% electric of total fleet by 2030. MNRE head, RK Singh launched the program and informed about the tender for 10,000 electric vehicles (EVs) to be released tomorrow. He invites industry players to invest in EV manufacturing and batteries, and work for ‘Healthier World.’
Mar 07, 2018
NLC India issues tenders for Andaman storage project, $394 million in finance for 709 MW Tamil Nadu PV project
Neyveli Lignite Corporation India Ltd (NLCIL) has re-tendered the 2 x 10 MW grid-connected solar PV power project with the reduced 8 MWh battery energy storage capacity. It has also invited bids to lend INR 25.52 billion ($394 million) in finance required for the proposed 709 MW solar project in Tamil Nadu state.
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The recent trade conflicts will reduce India’s total solar installed capacity to 6 GW in 2018
According to the Bridge to India’s ‘India Solar Compass’ report, the total capacity addition in 2017 was 9,255 MW, up 94% over 2016. However, Q4 2017 was slow in terms of project commissioning with only 1,503 MW of utility scale projects being commissioned. Moreover, the execution costs have shot up by about 18% in just six months.
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