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investment

Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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ISA Sends Positive Market Signals, says Suresh Prabhu

While speaking at the Renewable Energy Dialogue in New Delhi, the Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, said that India is running one of the largest and most ambitious renewable energy capacity expansion programmes in the world. Commerce & Industry Minister Suresh Prabhu said that International Solar Alliance (ISA) is sending […]

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TMEIC India Exceeds 100 MVA in UPS Orders Bagged in Record 2 Yrs

TMUPS, our patented innovative multi-level circuit concept and unique power module technology help our UPS systems to deliver superior performance, says Anurag Mathur. TMEIC Industrial Systems India (TMEIC India) has exceeded 100 MVA in Uninterruptible Power Supply (UPS) orders received in a record time of two years. Now, it became a highly preferred player in […]

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CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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FORE Partnership Shakes Hand with Sunpreme for Bifacial Smart PV Panels

The company’s highly sustainable office development on Mount Street will feature Bifacial Smart Solar Panel, developed by Sunpreme based in California, US. Real estate investment firm FORE Partnership has joined hands with global solar photovoltaic company, Sunpreme, for its Bifacial Smart Solar Panels. The company’s highly sustainable office development on Mount Street will feature Bifacial Smart […]

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EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia

Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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India Offers $75 Mn Credit Support for 100 MW Solar Project in Cuba

During talks, both countries agreed to enhance cooperation in the fields of renewable energy, biotechnology, traditional medicine and trade and investment. During the third leg of Indian President Ram Nath Kovind’s three nations tour, India offered a USD 75 million credit support to Cuba for a 100 MW solar power project. The President’s Secretariat said […]

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Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten

Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […]

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