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Greenko ropes in Siemens for 46% stake in Poovani Project

German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […]

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Breakthrough! Gujarat Finally Relents, Central Wind Energy Projects to Move

After months of uncertainty, the Gujarat government has finally budged, agreeing to making land available for Wind Energy projects bid out by SECI, the ‘central’ agency responsible for them. The news of Gujarat’s change in stance will be welcomed by SECI and developers alike, because the situation was threatening to get completely out of hand. […]

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SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra

The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […]

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Longi Commissions New 5GW Mono Module Factory in China

Further, this 5GW factory was built with a total investment of about USD 328 million. One of the leading solar modules maker LONGi Solar has commissioned it’s another 5GW high-efficiency monocrystalline module plant in Chuzhou, Anhui, China. The move has come as the company aimed at enhancing its high-efficiency monocrystalline module capacity to meet rising global demand […]

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5 Big Hurdles that have Emerged for India’s Solar Power Producers

After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […]

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Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain

News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government  introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […]

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Disputed Patents Are About ALD While We Use PECVD Technology: LONGi

However, the company further added that, at this time, it has not received any legal case documents about the complaints, nor any official business negotiation correspondence from Hanwha Q-CELLS on this matter before this event. On the patent infringement lawsuit filed by the Korean firm Hanwha Q-Cells, China-based solar modules maker LONGi said that the […]

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Growatt Wins ‘Best Selling String Inverter of the Year’ Award

The company has consolidated its technology, product and service advantages, which favor its business expansion in India. China-based PV-solar inverters maker Growatt has won the ‘Best Selling String Inverter of the Year’ award, which recognizes it’s development progress on Indian rooftop sector. The company has consolidated its technology, product and service advantages, which favor its […]

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GWEC, WBG to Work Together to Develop Global Offshore Wind Markets

GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […]

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