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Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report

Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […]

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PM Extends Invitation to Kazakhstan to Join Solar Alliance

PM also held series of meetings with leaders of other SCO countries. Those include Chinese President Xi Jinping, Russian President Vladimir Putin, Iranian President Hassan Rouhani, Afghanistan President Ashraf Ghani and Pakistan President Mamnoon Hussain. On the sidelines of the 18th summit of the eight-nation Shanghai Cooperation Organisation (SCO), held in China’s Qingdao city, Prime Minister Narendra Modi […]

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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 India’s leading corporates, has won […]

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REC Pledges $1 Million Contribution Towards International Solar Alliance

In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […]

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Trina Solar Completes Acquisition of Spanish Tracker Firm Nclave

This is the first time that any Chinese solar firm has acquired a solar tracker producer outside of its home market. Chinese solar giant Trina Solar has successfully closed the acquisition transaction of the Spanish solar tracker system maker Nclave Renewable S.L. The transaction will strategically transform Trina Solar from a leading PV product supplier to a […]

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Zilla Parishad Schools in Nagpur to Get Solar Upgradation

The upgrade includes solar power set up to be integrated in the schools. It will not only fulfill the energy needs of the schools but also make them self-reliant. This is besides having the digital classrooms. Under the new ‘Integrated Digital Classroom’ (IDC) around 300 Zilla Parishad schools in Nagpur will be upgraded this year. […]

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ISA to Create Ecosystems for Startups in Solar Innovations

With the help of global corporates, we expect this transformative action to be undertaken on ground, resulting in access to light for the 1 billion unconnected people, said Upendra Tripathy. India-led International Solar Alliance (ISA) will create ecosystems for startups in solar innovations by enabling incubation, partnerships, access to finance and standards. The task force, set up […]

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First Solar Plans to Build New Manufacturing Plant in Ohio

The construction is expected to begin in mid-2018 and the expansion plan calls for a 1 million square foot facility located in Lake Township, Ohio which is near First Solar’s Perrysburg site. The full production mode will start in late 2019 with an expected annualized capacity of 1.2GW. First Solar, Inc. announced its plans to […]

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A New Approach Towards Highly Efficient and Air-Stable Perovskite Solar Cells

Research into the use of perovskite materials as solar cells has boomed in the last several years, following reports of high energy conversion efficiencies, which have continued to climb. New research published in the journal Materials Today reveals how to improve the lifetime of these solar cells. Despite the intense interest in the materials for […]

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