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Canadian Solar Secures USD 120 mn Financing for Brazilian Solar Projects

Canadian Solar has secured a USD 120 million project financing from Banco do Nordeste do Brasil for its Francisco Sa and Jaiba solar power projects Canadian Solar, one of the worlds largest solar power companies, has announced that it has secured 487 million Brazilian reais (USD 120 million) non-recourse project financing from Banco do Nordeste []

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Rajasthan Invites Japanese Investments in Solar Sector

Rajasthan CM Gehlot has assured a Japanese business delegation of his governments full cooperation and support in investing in the states solar sector Rajasthan Chief Minister Ashok Gehlot has assured a Japanese business delegation of his governments full cooperation and support in setting up industries in the state. Gehlot gave the assurance during his meeting with the delegation led by []

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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FSs 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FSs seven wind energy assets to Japans Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over []

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Mitsubishi Invests in BBOXX to Bring Off-Grid Solar Energy to Africa and Asia

Mitsubishi Corporation has announced its decision to invest in BBOXX Limited, a next-generation utility providing off-grid energy solutions in Africa & Asia Japanese multinational conglomerate, Mitsubishi Corporation (MC) has announced its decision to invest in UK-based BBOXX Limited, a next generation utility providing off-grid energy solutions in Africa and Asia. Since its establishment in 2010, []

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Neuron EV Expands the Renewable Energy Transportation Landscape

Neuron EV has announced that it is innovating the riding experience with a new electric bus to transform communities and the transport industry as a whole. Automotive company Neuron EV has announced that it is set to bring about significant changes that matter to both people and the environment. The company claims that it is []

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Big Basket Goes Solar With Amplus to Trim CO2 Emissions

By using solar energy, Big Basket expects to generate 310,64,120 units of green power which in turn will help in trimming its CO2 emissions by 29,440 metric tonnes for a term period of 20 years. One of Asias leading clean and green energy solutions provider Amplus Energy Solutions has joined hands with Big Basket, an []

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Adani Green Energy Revenue Jumps 40% YoY in Q1 2019-20

Adani Green Energy has reported total revenue in Q1 of Rs 661 crore, a jump of 40 percent yoy from the same quarter in the last financial year. Adani Green Energy (AGEL), a part of the Adani Group, recently announced its financial results for the first quarter ending June 30, 2019, of the financial year []

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Siemens to Develop Transmission Link Between Great Britain & Denmark

Siemens will deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Siemens has been awarded a contract to deliver two converter stations for the first high-voltage direct-current (HVDC) transmission link between Great Britain and Denmark. Named Viking Link, the project will enable the exchange of electricity up []

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PowerGrid Board Approves Rs 2,578 Cr Investment for Rajasthan Transmission Project

PowerGrid has announced that its board has approved an investment of Rs 2,578.47 crore for a transmission project for a solar energy zone in Rajasthan. State-run PowerGrid Corporation of  India (PGCIL) has announced that its board has approved an investment of Rs 2,578.47 crore for an electricity transmission project for a solar energy zone (SEZ) in Rajasthan.  The []

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