SUBSCRIBE NEWS LETTER

ib solar

Solar power, EVs Become Top Attractions in India Fund Fest

The selection of these startups was made by an eminent jury and through a proprietary ‘Investor Readiness Report’ process, ensuring the companies are thoroughly vetted After two successful editions of India Fund Fest, the third edition amassed 25 Crores on its first day. The contestants of the India Fund Fest range from product designers or […]

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RenewSys India Launches Country’s First 6 BB Solar PV Cells

The high-efficiency 6BB cells with these improved designs, increase the module power output. RenewSys, India’s first integrated manufacturer of solar PV modules and its components – Encapsulants, Backsheets and Solar PV Cells, is the first Indian company to launch the production of six Bus Bar (6BB) Solar Photovoltaic (PV) Cells and modules. The 6BB cells, […]

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ReneSola to Supply 5.4MW Modules for Rooftop Solar Projects in Belgium

These modules will be deployed by the French company on rooftop solar projects in Belgium. Shanghai-headquartered global manufacturer & supplier of green energy products, ReneSola has inked a pact to supply 5.4 MW of 310W mono PERC modules to Helexia in Belgium. These modules will be deployed by the French company on rooftop solar projects in Belgium. […]

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CEL Issues Tender For O&M of 509 kW Solar Plant in Maharashtra

The last date for bid submission is May 16, 2019 The Central Electronics Limited (CEL) has issued a tender, seeking bids from eligible bidders to take on the operation and maintenance (O&M) services of a 509.355 kW solar power plant installed at 33/11 kV MSEDCL substation in Nasik, Maharashtra. The bidder shall be responsible for […]

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Adani Green Energy Commissions 50 MW Solar Power Project in UP

The Company has filed an appeal before the Appellate Tribunal for Electricity (APTEL) challenging reduction in PPA tariff from Rs 8.44/kWh to Rs 5.07/kWh by Uttar Pradesh Electricity Regulatory Commission (UPERC). Adani Green Energy (UP) Limited (AGEUPL), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has commissioned 50 MW solar power project in the […]

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Second Attempt Yields Lower Tariffs in Gujarat Solar Auction

GUVNL has awarded solar projects worth 500 MW to four developers in the Raghanesda Solar Park after offering 700 MW. The discom received winning bids which were Rs 0.18/kWh less than the cancelled auction held in January. In its second attempt to auction solar projects at the Raghanesda Solar Park in the state, the Gujarat […]

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Demand of Solar Powered Devices in Odisha Shoots Up after Cyclone Fani

Cyclone Fani might have sent shudders down plans for large sized solar parks in the region, but ironically, the demand for distributed solar products has gone up. People are now grappling with water shortage, lack of electricity, poor mobile connectivity and cash crunch. With no end to electricity woes on sight, residents of the capital […]

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Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US

C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […]

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India’s Solar Powered IPO’s. Why Success Will Matter

Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar  IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […]

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