India

Finland’s Taaleri Mulling to Acquire Solar Power Projects in India

Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […]

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Australia Becomes 35th Nation to Joins International Solar Alliance

Total 6 countries had ratified the International Solar Alliance agreement, and once 15 countries ratify it, the agreement will become a legal entity. Australia has become the 35th nation to join. Australia has become the 35th nation to join the International Solar Alliance, an initiative launched by India’s Prime Minister Narendra Modi in November 2015 […]

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Centre to Notify Guidelines for Renewable Power Procurement

Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […]

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ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO

ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […]

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International Finance Corporation Plans $6 Billion Investment in India

International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […]

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Delhiites Wants to Set up Rooftop Solar Panel: Greenpeace

During the campaign, a unique solar house on wheels (Bus), named “Solar Comet”, toured the length and breadth of the city, interacting with Delhiites (mostly resident welfare associations) and demonstrated how solar panels can run an entire household. According to a month-long campaign to create awareness by  Greenpeace India, over 1000 Delhi residents have shown […]

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Nagpur High Court Building to Run on Solar Power Soon

The solar panels will be installed on the roof of the historic edifice, popularly referred as ‘Poem in stone’ due to its unique structure at the Nagpur’s High Court compound. In a first of its kind move in the country, the Nagpur bench of Bombay high court, responding to the growing calls of reducing pollution […]

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Mizoram to Set Up 20 Megawatt Solar Power Park

The 20 MW solar power park will be implemented by the state power and electricity department and Zoram Energy Development Agency (ZEDA). Mizoram’s Solar Power Project Approval Committee (SPPAC) has approved the proposal for setting up of a 20 MW solar park. The project will be implemented by the state power and electricity department and […]

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