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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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CleanMax Solar honored twice by MNRE for excellence in the rooftop solar industry

CleanMax Solar has been honored twice in the ‘Developer’ and ‘EPC’ categories by the Ministry of New and Renewable Energy (MNRE) for excellence in the rooftop solar industry. The National Excellence Awards 2016′ were bestowed at the ‘National Workshop on Roof Top Solar Power’ organized by MNRE at Vigyan Bhavan. Kuldeep Jain, Managing Director, CleanMax […]

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Vikram Solar bags National Excellence Award 2016 for Roof Top Solar Power Projects

Vikram Solar received National Excellence Award 2016 for Roof Top Solar Power Projects in the Domestic Solar Module Manufacturers Category by the Government of India. The Award was presented by Piyush Goyal, the Minister of State for Power, Coal and New & Renewable Energy at the National Workshop on Roof Top Solar Power at Vigyan […]

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PLG Clean Energy bags 230 MW solar power plant licenses

PLG Clean Energy Project has announced that it has secured and won 230 MW Solar Power Plant licenses through transparent and disruptive reverse bidding mechanism of Govt of India in 2016. The company will soon embark on developing 230 MW solar power plants across the states of Maharashtra, Jharkhand and Rajasthan. Solar Energy will be […]

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Sungage Financial adds Vikram Solar to its approved vendor list

Sungage Financial has listed the Tier 1 solar module manufacturer Vikram Solar as an approved vendor. Vikram Solar Modules can now be installed in any residential solar system that is using financing from Sungage Financial. Ken Oatman, Head of Business Development for the Americas said “After Vikram Solar achieved various certifications such as UL and […]

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Meyer Burger sells PV production equipment to a Russian company

Meyer Burger has bagged an order from one of the largest solar company in Russia, Hevel LLC for the supply of high-end PV production systems. Meyer Burger will be supplying the Moscow based solar company  with a variety of its technology, including systems for the qualification of crystalline solar wafers, for the coating and performance […]

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Adani Green likely to partner with global major SunEdison for $2 billion solar foray: Report

Adani Green Energy is, reportedly considering partnering with global major SunEdison for its $2 billion foray into integrated solar manufacturing. The company has considered to collaboration despite SunEdison’s recent troubles. Jayant Parimal, CEO, Adani Green Energy speaking to ET said “we are also looking at two other companies, Golden Concord Holdings ( GCL ) and […]

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US renewables row: Government for bilateral solution

The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […]

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