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ReNew Power buys Ostro Energy

This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector. Clean energy firm, ReNew Power has acquired Ostro Energy for an undisclosed amount. The company said in a statement that, “This strategic investment helps ReNew Power further consolidate its position in the fast-growing, Indian clean energy sector.” Concurrent with this transaction, Canada […]

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Canadian Solar Wins Project Bond of the Year Award by Environmental Finance

The world’s first dual-tenor bond served as the financing vehicle for Canadian Solar’s 19MW Gunma Aramaki Solar Power Plant when it was issued in April 2017. Canadian Solar has announced that it has won Environmental Finance’s Project Bond of the Year award for its innovative dual-tenor green project bond issuance in Japan. Environmental Finance, an […]

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LG Technology Powers Utility-Scale Solar+Storage Projects in North Carolina

LG Electronics’ involvement in these projects underscores the company’s commitment to providing innovative, market-leading solutions to its partners and customers. LG Electronics joined Cypress Creek Renewables, to celebrate the official opening of solar-plus-storage installation in the continental United States – an 8.5 megawatt portfolio of utility-scale solar projects, with storage capacity of 12 megawatt hours, […]

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Viz-A-Viz with Saurabh Marda, Founder and Managing Director | Freyr Energy

India’s long-term approach should be tax incentive based for solar sector To boost the solar sector in the country, a tax incentive based approach across all customer segments is going to be a more sustainable long term approach, believes Saurabh Marda, Founder and Managing Director, Freyr Energy, Hyderabad-based full solar service solutions provider. In conversation […]

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Climbing Stairs: for Indian Rooftop Industry

India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […]

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Navisun LLC Acquires OSG Solar I LLC in Orange, Massachusetts

Navisun received financing from Ares Capital Corporation which will be used to develop, construct, acquire, own, and operate solar projects in the United States. Navisun, a solar independent power producer has announced its acquisition of OSG Solar I LLC, a 2.746-megawatt (DC) solar project located in Orange, Massachusetts that commenced operations in mid-2012. “We are […]

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Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj

This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […]

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RK Singh Meets IPPs; Assures to Resolve Issues

Singh said that their concerns would be examined into and assured them of suitable action in consultation with concerned departments to strengthen the power sector. The Union Power Minister R K Singh has met with Independent Power Producers (IPPs) and discussed about the issues faced by them. He assured IPPs to find out possible solutions. […]

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