Solar Energy National News

SunSource Energy Aims to Set-Up 200 MW Solar Park in UP

The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […]

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Cleantech Solar Bags 27 MW Rooftop Solar PV Projects in Asia

Cleantech Solar, which was founded in the year 2014, has a portfolio of more than 80 MW, spread across a hundred sites in India and South-East Asia. Cleantech Solar, a Singapore-based solar project developer, has announced that it will build industrial rooftop solar projects totalling 27 MWp across Asia for three separate customers. Cleantech Solar […]

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Diamond Grading Institute Installs 34.8 KW Solar Rooftop Plant

The Diamond City has emerged as India’s leading ‘solar smart city’ according to the bi-monthly newsletter of the ministry of new and renewable energy, Government of India titled Ákshay Urja’. In a significant development, the International Institute of Diamond Grading and Research (IIDGR), a part of the world’s leading De Beers Group, has become the […]

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SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment

This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […]

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Exicom Installs Electric Vehicle Fast Charger Station at NITI Aayog

EXICOM is offering both off the shelf as well as customized solutions for residential and public charging for two and three-wheelers, passenger segment, and commercial vehicles. The Indian government’s premier policy think tank has installed an Exicom fast charging station for electric vehicles at the organization’s office in New Delhi. Minister for Road Transport & […]

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Swelect Energy Systems Net Surges 38.8% in Dec Quarter

Swelect Energy’s net profit jumps 83.2 per cent to Rs 6.65 crore in December quarter of FY18, as compared to its net profit of Rs 3.63 crore in September quarter of FY18. Solar power products manufacturer, Swelect Energy Systems Ltd has reported a significant growth of 38.8 per cent in its standalone net profit after […]

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Tamil Nadu Among Nine Global Market Leaders in Renewable Energy

Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17. The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity.   Tamil Nadu figures in the list of nine major global power markets in renewable energy, according to a new research by […]

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Eastman Auto and Power Launches Grid Tie Solar PV Inverter in India

Grid Tie Solar PV inverters are designed to adhere to extreme weather conditions with maintenance efficiency. Solar solutions provider Eastman Auto and Power Ltd (EAPL) said it has launched its one of the most advanced ‘State of the art Grid Tie solar PV inverter’ in the Indian market. The company said in a statement that […]

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Gujarat Urja Vikas Nigam Limited Floats 500 Megawatt Solar Power Tender

Gujarat Urja Vikas Nigam Limited invited bids for solar power to fulfil its renewable power purchase obligations (RPPO) and to meet future requirements of distribution companies (discoms). Gujarat Urja Vikas Nigam Limited (GUVNL) has floated another tender to procure 500MW from grid-connected solar PV projects through competitive bidding after the power utility had successfully completing bidding […]

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