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Green Energy

ReNew Power announces public issue of NCD worth Rs.500 cr

India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […]

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20 Countries Including Brazil And France Sign Framework Agreement Of International Solar Alliance

More than 20 countries, including Brazil and France signed the framework agreement of the International Solar Alliance (ISA). ISA was launched by PM Narendra Modi and French President Francois Hollande at the COP21, Paris climate summit last year. The framework agreement of International Solar Alliance (ISA) was opened for signatures on the sidelines of UN’s […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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Adani Group inaugurates Punjab’s largest solar power plant of 100 MW

Adani Enterprises has announcced the commissioning of Punjab’s largest solar power plant of 100 MW, at an investment of Rs 640 crore. The plant has been set up by its subsidiary Adani Green Energy Ltd. Punjab Chief Minister Parkash Singh Badal and senior officials were present on the occasion. The plant is situated at Sardargarh […]

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Azure power raises 470 million dollars financing for its solar projects

Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […]

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Government offices in West Bengal to tap solar power

West Bengal government is reportedly planning to install solar panel s on the rooftop of government offices in an attempt to slash power bills and promote green energy in the state. Speaking to The Hindu power Minister, Sovandeb Chattopadhyay said “The plan is being implemented as per the wish of chief minister Mamata Banerjee. The […]

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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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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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