A wholly owned subsidiary of Mahindra Susten Pvt. Ltd., has achieved financial closure for its 250 MW Solar Power Project, to be located in Rewa District of Madhya Pradesh with YES BANK Ltd for financial assistance in the form of project debt to the extent of INR 750 Crores and from other financial institutions upto INR 200 Crores. The project is part of the 750 MW Rewa solar park which is one of the largest solar parks in the world. The 250 MW project of Mahindra Renewables is expected to generate over 525 Million Units and is envisaged to sell ~78% of the generated units to Madhya Pradesh Electricity Distribution Utilities and the balance ~22% to Delhi Metro Rail Corporation Ltd.
The Government of India is in the process of formulating a Scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan’ which, inter alia, provides for:
Unlike classic Photovoltaic technologies, Organic Photovoltaic allows energy sources to be integrated directly in existing or new products.To achieve this, Opvius GmbH has already developed a manufacturing process that permits this unlimited design freedom, and therefore an ability to adapt to customer requirements.
responsAbility and Africa Growth and Energy Solutions to co-develop a 25 MW solar PV plant in Sierra Leone
With a population of 7.4 million, Sierra Leone is one of the poorest and least developed countries in the world. This is reflected in local electrification rates; at the end of 2016, only 12.5% of the urban and 2% of the rural population had access to electricity.