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IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO

ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […]

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NEXTracker Achieves 1 GW of Solar Tracker Sales in India

NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […]

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GST Arrests the Slide and May Lead to a Temporary Standstill in Demand: Guru Inder Mohan Singh, Director & COO, Amplus Solar

Since Discom supply rates have not been impacted by GST, attractiveness of solar would reduce, and hence private demand, and specifically distributed solar would be impacted said Guru Inder Mohan Singh, Director & COO, Amplus Solar 1. Share your views on GST, how the new Goods and Services Tax rates impact clean energy drive in […]

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BPSCL is reportedly planning to set up solar park and rooftop solar panels

BPSCL is working on a plan to install a Solar Power park, besides setting up rooftop solar panels in major buildings across the town Bokaro Power Supply Company Limited (BPSCL) is reportedly gearing up to increase its power production by foraying into solar energy. BPSCL is a joint venture of Steel Authority of India Limited (SAIL) and […]

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Coal Use in China Declines in 2016 as Solar Capacity Rises 82%

Significant investments in clean energy and favourable renewable energy prices continue to stifle the demand for coal in China. The world’s largest carbon emitter’s coal consumption fell in 2016 for the third consecutive year. The National Bureau of Statistics said the country’s consumption of coal fell by 4.7 per cent last year, according to preliminary […]

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Solar Mounting Structures: Racking Matters

Globally, solar installations have been growing at an impressive pace. A large share of growth has been contributed from India, and with 100GW of target by 2022 in its hand, India is on the verge of becoming the world’s biggest solar nation. Continuous reduction in the solar system prices with respect to higher grid rates […]

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SunPower Solar Installation Underway at New Toyota Headquarters

The SunPower solar system is expected to generate enough clean energy to offset approximately 33 percent of the headquarters’ energy needs, reducing Toyota’s reliance on traditional electricity from the grid SunPower has announced that construction has begun on an 8.79-megawatt SunPower solar system at Toyota Motor North America’s new headquarters in Plano, Texas, which the […]

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