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IDFC Alternatives to Acquire First Solars India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solars 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 Solars operational portfolio of solar power projects []

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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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World Bank Loan for Solar Projects

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This []

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Buy Abroad Diktat Doesnt Worry Indias Solar Sector

India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body []

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Envision Energy Launches Energy IoT and Smart City Technology Alliance

Envision with its world-leading EnOS IoT platform, aims to unify the distributed and fragmented renewable energy space with innovations that marry digital and energy disciplines. Envision Energy, a leading global smart energy solution provider, announced today an open-platform alliance that connects energy pioneers and technology innovators to help accelerate the clean energy transition through digitalization. []

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DMIDC Starts Commercial Operations of 1 MW Solar Power Plant in Rajasthan

The 1 MW solar power unit is a part of project by the DMICDC which also includes a 5 MW model solar plant using thin film technology sourced from Japanese firm. Delhi Mumbai Industrial Corridor Corporation (DMIDC) stated that its 1 MW smart micro grid solar power plant in Rajasthan has started commercial operations. The []

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DRAGONS EYE on LIONS PIE

Alright! It gave mostly new narratives to apprehend the Solar relation between India and China.The then thought Chinas shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the worlds largest renewable []

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India Emerging as Front-Runner in Fight Against Climate Change: World Bank

In India and beyond, solar power is starting to displace coal as an energy source. India is emerging as a front runner in the global fight against climate change, the World Bank has said, noting that the solar power is gradually displacing coal as an energy source in the Asian country. With a sweeping commitment []

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