Tag: Solar
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The Century’s Longest Solar Eclipse Approaches: How to Experience It
The duration of a total solar eclipse always varies. In April 2024, the eclipse that crossed North America lasted 4 minutes and 28 seconds. By contrast, the one that will reach Spain in August 2026 will only last 1 minute and 43 seconds. In less than two years, both will be put to shame by…
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Federal Budget Cuts Halt Solar Heating Technology Initiative
A project to capture solar heat for industrial use — with potential spinoffs in other energy areas, including nuclear power — has been canceled by the U.S. Department of Energy on the cusp of its final phase. The University of California, Davis, received a letter from the federal agency stating that the work “does not…
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Mufin Green Finance Secures ₹90 Crore in NCDs for Solar and Clean Energy Expansion
Mufin Green Finance Ltd has raised ₹90 crore through a private placement of secured, rated and listed non-convertible debentures (NCDs) as the non-bank lender seeks to scale its rooftop and commercial solar financing portfolio alongside other green-lending verticals. The company said in an exchange filing that it allotted 9,000 NCDs of ₹1,00,000 each on December…
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Renewable Energy Ministry Clarifies No Lender Advisory Issued for Solar Financing
The Ministry of New and Renewable Energy (MNRE) on Sunday dismissed reports suggesting it had asked lenders to halt financing for renewable energy projects, saying no such advisory has been issued to financial institutions, PTI reported.In a statement, the ministry said it has not directed banks or other lenders to stop extending loans to renewable…