Kyocera to expand solar energy business in Thailand

Japanese electronics firm Kyocera announced Tuesday that it is expanding its solar energy business in Thailand — with the company planning on increasing sales in the country by 2.5 times during the year ending 31 March 2018 when compared with the previous year.

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NLC India tenders for 709MW of solar in Tamil Nadu

UPDATED: Indian state-run mining and power firm NLC India is to invite bids for the EPC of 709MW(AC) of solar PV projects in the state of Tamil Nadu.

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Tata Power Solar commissions India’s first solar project on iron ore mine

Indian solar manufacturer and EPC firm Tata Power Solar has commissioned an innovative 3MW hybrid solar PV project at Tata Steel’s Noamundi iron ore mine.

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IFC subscribes to L&T’s Green Bond to help finance Indian solar

The World Bank’s IFC has invested INR6.67 billion (US$103 million) in L&T Infrastructure Finance Company to help finance solar PV in India.

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India’s MNRE directs states to add PV plants near spare substation capacity

India’s Ministry of New and Renewable Energy (MNRE) has sent a letter to states regarding the spare capacities in existing substations to accommodate the rapid additions of solar capacity.

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Sungrow hits 1GW solar inverter shipments to India

Major PV inverter supplier Sungrow has achieved 1GW of solar inverter shipments to India, having entered the market in the early 2010’s.

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Acme Solar bags US$108 million credit line from Piramal

Piramal Finance, a subsidiary of Indian financier Piramal Enterprises, has sanctioned a INR7 billion (US$108 million) line of credit for Acme Solar.

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India’s Goa invites comments on draft solar policy

UPDATED: The Goa Energy Development Agency (GEDA) has invited comments on its ‘Solar Policy-2017’, attempting to move away from the state’s reliance on thermal power from other parts of India.

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India’s tax reform enacted but confusion remains on solar equipment

India’s Goods and Services Tax (GST) Bill was enforced on 1 July bringing in a 5% tax on solar PV modules, but there is still uncertainty around taxes on other solar equipment, according to consultancy firm Bridge to India.

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Indian government claims grid integration of 175GW of renewables is possible

India’s famously weak grids should be able to integrate the planned addition of 175GW of renewable energy by 2022, according to a report released by the central government.

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India’s Rural Electrification Corp to raise US$450 million in Green Bonds

Indian state-run Rural Electrification Corporation (REC) is to raise US$450 million through its first ever 10-year Green Bonds with listing at London and Singapore, according energy minister Piyush Goyal.

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