Renewable Energy

Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka

“Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […]

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Photon Energy Developing a 316 MW Solar Power Plant in Australia

Photon Energy is also developing further large-scale solar power plants with a combined capacity of 42 MWp in Australia Photon Energy is developing a 316 MW solar power plant near Gunning, New South Wales, Australia. This would make it the biggest PV project in the state and one of the largest planned in Australia, comparable […]

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Hevel Group starts manufacturing heterojunction solar modules, doubles its output

Hevel’s production line delivers both solar modules and high-efficiency cells that can be exported for localized assembly in countries where the solar power plants are being constructed.  Hevel Group has announced that it has started manufacturing heterojunction solar modules, doubling the capacity of its plant in Novocheboksarsk (Chuvash Republic) to 160 MW of solar modules […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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Varanasi to Turn into India’s First Green City

Piyush Goyal’s visit to Germany has helped the ministry to work on the plans to make Varanasi into India’s First Truly Green City. The Government of India is planning to initiate a new plan to reduce the carbon footprints of Varanasi. On the anvil are solar power generation plants and green energy initiatives to reduce […]

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Ecolibrium Energy raises funding of USD 2.6 million from Infuse Ventures, JLL

Ecolibrium Energy currently services more than 500 multinational clients across sectors like engineering, FMCG, pharmaceuticals and utilities among others. Energy analytics firm Ecolibrium Energy announced that it has raised funding of USD 2.6 million (about Rs 16.83 crore), led by Infuse Ventures, JLL and an angel investor. Ecolibrium Energy currently services more than 500 multinational […]

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Schools in the Limits of GVMC to Get Solar Power

The proposed capacity of 250kWp solar power photovoltaic system will be installed in the 144 schools under Greater Visakhapatnam Municipal Corporation to meet the energy demand as part of the Smart Cities Mission. Around 144 schools located in the limits of Greater Visakhapatnam Municipal Corporation (GVMC) will soon draw electricity from solar photovoltaic (SPV) systems […]

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