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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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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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Scania announces to install largest solar roof in Netherlands

Scania’s production unit in Zwolle, Overijssel, will install the largest solar roof in the Netherlands. The solar roof will have 22,000 solar panels with a total energy capacity of six megawatts. Scania has taken its latest significant step in its transition to using exclusively renewable energy in its production activities. Scania’s production unit in Zwolle, […]

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Tata Power Solar Wins Coveted India Solar Week Excellence Awards 2017

Tata Power Solar has won award for 100 MW solar project for NTPC in Anantapur, Andhra Pradesh and recognised the Best Performing Project of the Year. Tata Power Solar, India’s largest integrated solar company won India Solar Week Excellence Awards 2017 in 100 MW or below project based category for excellence in commissioning 100 MW […]

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Jolywood Launches the Testing Standard of Bifacial Solar Cell Jointly with TUV NORD and CPVT

Jolywood has collaborated with TUV NORD and the National Center of Supervision and Inspection on Solar Photovoltaic Product Quality for the set up of testing standard for bifacial solar cell products. Jolywood (Taizhou) Solar Technology Co. Ltd (Jolywood), a leader in the research and development, production, and marketing of N-type Bifacial Solar Cell Products has […]

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Swedish Court of Appeal Rules Against Fortum in Income Tax Case

Fortum will book a tax cost of 1,175 MSEK (EUR 123 million) in the second quarter 2017 results. The booking will not have any cash flow effect for Fortum, as the additional taxes and interest have already been paid in 2016. The Court of Appeal in Stockholm, Sweden on 30 June 2017 ruled against Fortum […]

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Solar Panel Lamination: Procedure, Advantages and Future

Solar panel lamination ensures the longevity of the solar cells of a module as they need to be able to withstand outdoor exposure in all types of climate for periods of 25 years and more Solar panel lamination ensures the longevity of the solar cells of a module as they need to be able to […]

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