Solar

BHEL Gets EPC Orders Worth Over Rs 125 Cr to Set-up Solar PV Plants in Gujarat

The company has bagged the first order from Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of a 20 MW SPV power plant. State-owned Bharat Heavy Electricals Ltd (BHEL) has won the two orders in Gujarat worth aggregating more than Rs 125 crore for setting up of Solar Photovoltaic (SPV) power plants on Engineering, Procurement […]

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Kumbaya Becomes Member of GOGLA to Connect the Unconnected

The company’s mission is to connect the unconnected, bringing people in off-grid communities access to zeroXess, an economically-priced home energy and communication hub. California-based solar energy firm Kumbaya, the company behind the zeroXess solution for off-grid power, connectivity and content, has got the membership in the Global Off-Grid Lighting Association (GOGLA), an independent, not-for-profit industry […]

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Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report

Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […]

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BEL Sets Up 16 MW Solar Power Plant at HVF, Avadi

The company is establishing energy security for the Ordnance Factory Estates under the Viability Gap Funding (VGF) scheme by setting up utility scale grid-connected solar power plants. Navratna Defence PSU Bharat Electronics Ltd (BEL) has set up a 16 MW grid-connected solar power plant at Heavy Vehicle Factory (HVF), Avadi. The company’s move was one […]

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Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid

The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […]

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Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement

The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […]

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Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked

The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme

The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV […]

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