Solar

IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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CleanMax Solar Eyes 40 Percent Revenue from Overseas Business in Three Years

While CleanMax Solar continue to grow in India in the rooftop and open access solar power segment, we are pursuing growth in international markets mainly the Middle East and South-East Asia. We are currently looking at the UAE market and soon we will spread our presence in the other countries. Looking to tap the growing […]

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Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity

Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […]

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Azure Power Assigned Highest Accreditation Rating by ICRA

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […]

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India Aspiring For Global Leadership in Climate Action: Anand Mahindra

Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […]

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Locus Energy Expands Virtual Irradiance Coverage Across Asia

The irradiance data from Locus Energy’s Virtual Irradiance system does not require on-site irradiance sensors, yet provides a similar level of accuracy in assessing the amount of sunlight energy that a site has received. Locus Energy has recently expanded its Virtual Irradiance coverage across much of Asia, providing fleet operators, asset managers, and performance engineers […]

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Premier Solar’s 200 MW Solar Facility to be Inaugurated in Telangana

Premier Solar is expanding its manufacturing capacity by adding a state-of-the-art fully automatic 200 MW solar module manufacturing facility, and Telangana IT and Industries Minister KT Rama Rao is expected to inaugurate the facility. Premier Solar, an end-to-end solar solution provider has said that Telangana IT and Industries Minister KT Rama Rao is expected to […]

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Chandigarh’s Solar Power Ambitions Hit Roadblock

Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […]

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