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NDMC to install solar panels on more than 100 buildings

The power department of New Delhi Municipal Council (NDMC) is planning to set up solar panels at more than 100 buildings within its jurisdiction, making sure to contribute towards renewable energy growth in India. Under the smart city project, the municipal corporation will be installing the solar panels at 102 buildings, of which 74 would […]

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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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Fortum, Taaleri signs an agreement with Chempolis Oy to invest in the company

Fortum and Taaleri Kiertotalous Ky have entered into an agreement with Chempolis Oy to invest in the company. The agreement is part of a restructuring of Chempolis Oy’s ownership and financing, in order to strengthen the balance sheet and operations as well as open new growth areas. Fortum will invest approximately EUR 6.4 million and […]

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Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […]

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Indian companies win Solar for All contest for innovative community solar electrification solutions

The Canopus Foundation and the Fraunhofer Institute for Solar Energy Systems ISE, who collaboratively organized the 2nd Solar for All Contest for Innovative Community Solar Electrification Solutions 2016, on 19th October, had announced the winners. For the past nine months, Solar for All was running the Contest to find the best innovations in providing rural […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana

Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […]

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MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board

Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […]

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