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Demonetization hits solar power bids in Tamil Nadu

Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […]

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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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Industry’s Aspirations on Solar Blueprint

Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […]

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MNRE & MASDAR in UAE are jointly organizing a conference and exhibition in UAE on RE opportunities in India

Ministry of New and Renewable Energy (MNRE) & Abu Dhabi government agency MASDAR in the UAE are jointly organizing a conference and exhibition that focuses on renewable energy opportunities in India. MNRE India delegation will be led by Piyush Goyal, Hon’ble Minister of State for Coal, Power, New and Renewable Energy, Government of India. In […]

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Illinois Black Chamber of Commerce Joins Growing List of Illinois Business Leaders Supporting the Future Energy Jobs Bill

Exelon Generation and ComEd today announced that the Illinois Black Chamber of Commerce has joined the broad spectrum of Illinois business leaders and organizations that are voicing strong support for the Future Energy Jobs Bill, saying it will strengthen the economy, save and create good-paying jobs, retain Illinois’ historically low energy rates and ensure the […]

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Tesla, SolarCity Powering entire Island of Ta’u in American Samoa with solar power

Tesla has revealed that with SolarCity it is powering nearly the entire island of Ta’u in American Samoa with solar power. Tesla officially acquired SolarCity on Monday. SolarCity in a blog notes that Ta’u now hosts a solar power and battery storage-enabled microgrid that can supply nearly 100 percent of the island’s power needs from […]

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