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Pimpri Municipal Corporation Building to Get 50kW Solar Power

The Civic Administration of Pimpri plans to implement a 50kW solar power generation project, and has invited bids from contractors. The project cost is estimated at Rs. 48 lakh. The Civic Administration will be implementing a solar power generation project at the Pimpri Chinchwad Municipal Corporation building in Pimpri, in a bid to cut costs. […]

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OG&E and SunPower Announce 10-Megawatt Solar Plant in Oklahoma

SunPower will design and build a SunPower Oasis Power Plant system at the Covington site, while OG&E will own the renewable energy credits associated with the system. OGE Energy Corp. electric utility subsidiary Oklahoma Gas & Electric Company (OG&E) and SunPower Corp. has announced that two companies have signed a contract to build a 10-megawatt […]

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Finland’s Taaleri Mulling to Acquire Solar Power Projects in India

Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […]

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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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Siemens and AES Join Forces to Create Fluence, a New Global Energy Storage Technology Company

Combining the proven AES Advancion and Siemens Siestorage energy storage platforms with expanded services, Fluence will offer customers a wider variety of options to meet the challenges of a rapidly transforming energy landscape. Siemens and the AES Corporation has announced their agreement to form a new global energy storage technology and services company under the […]

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CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus

The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […]

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Hindustan Power Bags 15 Solar Power Generation Projects in Japan

The solar power projects will be commissioned in financial year 2017-18 with an investment of $100 million. Hindustan Power plans to run the projects for 5-7 years from the date of commissioning. Hindustan Power has acquired the rights to build 15 solar power generation projects in Japan. The bids for the projects were called by […]

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Tailoring Solar Power for Textile Industry

The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […]

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