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Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report

Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR []

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Two Bangladeshi Companies Wins $1 Million For Developing Platform For Household Solar System Users

A minimum of 100 smart grids serving as many as 15,000 people with the help of the granted funds. Two Bangladeshi firms Grameen Shakti and ME SOLshare were recognized for their project with $ 1 Million by UN linked funds, the project allows villagers to access more solar power and boosts entrepreneurship. The platform helps solar system []

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Indian renewable energy companies among lowest rated: Report

Indias renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, Indias renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. Most of the issuers are owned by their respective sovereigns due to the strategic importance []

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Solar Companies Expect Easier Financing For Projects

Moodys upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. Indias massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the countrys sovereign rating by Moodys, according to the industry leaders. []

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Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra

With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPRELs portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour []

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Waaree Energies Successfully completed 2.29 MW Rooftop project for Mumbai Metro

Waaree Energies has completed the project with high quality and Zero accidents. Waaree Modules are installed across all the roofs of all the 12 metro stations. Waaree Energies Limited has successfully completed solar rooftop across all 12 stations of Mumbai Metro. This project was very critical as it is a public utility and heavily crowded []

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DNV GL opens its first ultra-high voltage testing facility for super grid components

The new laboratory will help the power industry successfully transition to super grids for a safe and reliable supply to meet rapidly growing demand for sustainable electricity. DNV GL has opened its expanded and upgraded KEMA High-Power Laboratory (HPL). Following a EUR 70 million investment, the newly extended test lab is the worlds first []

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ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses

The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of  ReneSolar. ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the SPA) with Xianshou Li, Chairman and Chief Executive Officer of []

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French companies looking to invest in India in areas of renewables, defense, infrastructure

A 45-member French delegation from sectors such as transport, logistics, ports & shipping, energy, environment, construction, infrastructure, digital sector, bank, insurance and legal services is in the city. French companies are exploring investment opportunities in India in areas of defence, infrastructure, renewable energy, and waste & water management & recycling. A 45-member French delegation from []

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