SUBSCRIBE NEWS LETTER

investment

Lightsource plans to invest Rs 6500 crores in India

UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […]

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Etrion to Sell Italian Solar Portfolio to Ultor

Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […]

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Lightsource dives into the Indian solar market

UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […]

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Telangana’s total solar power generation capacity touches 3800 MW

Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […]

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AIGCC welcomes ratification of the Paris Agreement

The Asia Investor Group on Climate Change (AIGCC) welcomes recent announcements that Japan, Korea and Australia have ratified the Paris Agreement. Speaking on behalf of AIGCC, Emma Herd, Chief Executive Officer of Investor Group on said “Investors strongly endorse the Paris Agreement and welcome today’s decision by these governments to ratify the Paris Agreement.” He […]

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ReneSola to sell 26MW of Solar Projects in the UK to a European investor

ReneSola Ltd has announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. The six utility-scale projects powered by company’s Virtus II modules are located in Carlam Hill Farm, North Wales, and Monmouthshire. All of […]

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MSEDCL partners with Sensus to implement Advanced Metering Infrastructure solution in Maharashtra

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has signed an agreement at the India-UK Tech Summit with Sensus, a Xylem brand, and global supplier of smart meters and utility-grade communications systems. The agreement will enable MSEDCL to pilot FlexNet, Sensus’ Advanced Metering Infrastructure (AMI) solution, in MSEDCL, Nagpur area on a trial basis. This technology […]

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Adani’s solar module to cost 10-12% more than imported version: Report

Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […]

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