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Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners

Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […]

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HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses

HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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Capital Stage Acquires Two Solar Parks in The Netherlands

Capital Stage says that the two solar parks have a total generation capacity of 47.6 MW and are expected to be completed in 2018. Germany-based solar and windfarm operator Capital Stage has acquired two planned solar parks in the Netherlands market for the first time from Dutch project developer Sunstroom Engineering B.V. The solar parks […]

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Solarhome Installs 1000 Solar Energy Systems In Rural Myanmar

Singapore-based SolarHome installs integrated solar energy and appliance units in customers’ homes. Singapore-headquartered Off-grid PV provider SolarHome has installed 1000 Pay-As-You-Go (PAYG) solar energy systems in rural Myanmar. According to the company statement, the firm is growing rapidly having recently closed a pre-Series A round of equity funding led by Uberis Capital and debt funding […]

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Enphase Energy Opens its First Research and Development Center in India

India has a mature Research and Development ecosystem that includes many renewable energy companies with more than 20 years of business in the region.   Enphase Energy has announced the opening of its first Research and Development center in Bangalore, India to establish a best-in-class technology development center. India is powering the growth of solar […]

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Su-Kam Organizes Solar Energy Meet with 50 Stakeholders in Lucknow

Over 50 stakeholders converge at Lucknow to deliberate on solar energy roadmap Su-Kam, a leading company in power back- up and solar solutions organized a meet with 50 stakeholders in the solar segment at Lucknow to deliberate on India’s renewable energy roadmap. The meet also showcased latest technologies in the solar segment catering to the […]

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Manipur is the Recently Added State to be Benefitted by Saubhagya Scheme

The scheme is set to make electricity affordable for “The poorest of the poor” and promised 24×7 power supply by March 2019. State of Manipur is now included in the list of states to bestowed with the Saubhagya scheme, which aims to provide electricity to India’s each and every household. Minister for Power and New […]

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