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MYSUN launches one-stop solar marketplace to solarize 10 million rooftops by 2022

Driven by the mission to bring solar energy to every person’s life, MYSUN, an engineering and technology-based marketplace for everything solar, has announced the commencement of its operations in India. MYSUN is envisioned as a one-stop solar marketplace that helps consumers understand and evaluate their solarisation potential and associated savings. It creates a convenient and […]

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CleanMax aims to install 400MW rooftop solar in next two years

Buoyed by the Centre’s increased focus on renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said. Kuldeep Singh, Managing Director, CleanMax told PTI that “With a current installed rooftop solar capacity […]

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Waaree Energies partners with 4CSolar to expand floating solar PV market in India

Solar panel manufacturer Waaree Energies has announced a strategic partnership with 4CSolar, making its entry into floating solar PV market. “Waaree Energies announces a strategic partnership with 4CSolar- a proven technology solutions provider based in California specializing in floating solar arrays,” the company said in a statement. This strategic tie-up will enable Waaree Energies and […]

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Tata Power acquires WREPL through share purchase agreement

TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […]

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India to quadruple its investment on R&D in the Renewable Energy section in next 5 years: Piyush Goyal

Union Minister of State for Power, Coal, New & Renewable Energy and Mines- Piyush Goyal addressing a plenary session at the 11th Sustainability Summit said that “Climate change is a global challenge and we all should fight it here, now and today.” Restating the commitment of the Government of India towards the achievement of Sustainable […]

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Hyderabad based Greenko Group to purchase 1GW assets of SunEdison in India

Greenko Energy Holdings, a Hyderabad-based firm has agreed in principle to proceed with a purchase of roughly 1GW of solar assets owned by SunEdison in India. The Hyderabad-based energy firm has more or less agreed the transaction after meeting with the SunEdison’s restructuring officer. It is expected that the bankrupt US company will be selling […]

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Indian companies dominating the domestic solar market: Report

Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […]

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Bosch targets industrial clients to expand the capacity in solar energy generation

Bosch India, a German engineering and electronics corporation will be focusing on setting up rooftop solar plants for its industrial clients, while remaining cautious towards utility scale projects. Venugopalan CM, Head, Energy Division, Bosch India told Business Line that “The enterprise category or industrial clients are our focus category (for setting up solar power projects). […]

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Odisha Government faces hurdle in acquiring land for 1000MW solar park

Unable to acquire a single patch of 5000 acres for its ambitious 1000 MW solar park, the state government of Odisha is now looking for alternative different spaces in clusters to develop the proposed solar park. The chief secretary has asked the Odisha Industrial Infrastructure Development Corporation (IDCO), state’s nodal agency for land acquisition, to […]

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