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CleanMax Solar Bags FT, IFC Transformational Business Awards 2018

The company was shortlisted out of the 189 entries received from across 126 countries, thus making CleanMax Solar the first Indian company to win this award in a category with Tata Motors at their Sanand facility in Gujarat. In the Transformational Business Award 2018, CleanMax Solar, a sustainability partner for Indias leading corporates, has won []

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Azure Power Wins 75 MW Solar Power Project in NE

The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. Indias one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North []

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Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India

Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of Indias leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement []

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement []

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India Intends to Partner with UN to Promote Solar Energy

While expressing his optimism and hope Syed said that by the next years World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, Indias Permanent Representative to the UN Syed Akbaruddin said, that the country aims []

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Beer Giant AB InBevs Mysore Unit Goes Green; Inks Pact with Canadian Firm

The brewery in Mysore manufactures beer brands especially Budweiser, Knock out and Becks Ice, is the companys third unit in the world that has shifted to the renewable source to meet its energy demands. The other two are in the US. The Mysore unit of Worlds biggest beer giant Anheuser-Busch (AB InBev) in Karnataka has shifted from []

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Cabinet Okays Continuation of Off-grid, Decentralised Solar PV Applications Programme

The total project of the 3 components included under the phase-III is Rs 1,895 crore of which Rs 637 crore will be provided as central financial assistance. The government has provided its consent for implementing phase-III of off-grid and decentralized solar PV application programme to achieve additional 118 MWp (Mega Watt peak) off-grid solar PV []

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Union Cabinet Nods for 3 lakh Solar Street Lights in NE States, Maoist Affected Areas

Prasad said that 3,00,000 solar street lights will be installed throughout the country with special emphasis on areas where there is no facility for street lighting systems through grid power, northeastern states, and Maoist-affected districts. In order to light up the streets of northeastern states and Maoist affected districts, the Union Cabinet on Wednesday has []

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