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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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Borg Energy undertakes project to convert quarters of MPs into 100 % green energy efficient spaces

US-based Borg Energy Pvt Ltd has successfully completed a significant project to convert over 60 residential quarters of Members of Parliament into 100 % green energy efficient spaces. Borg Energy Pvt Ltd under its Solar Photo Voltaic Power Projects has been undertaken the initiative for the Central Public Works Department of New Delhi. The company […]

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2nd India Smart Grid Week 2016 to Discuss on India’s Efficient Energy Needs

The 2nd edition of the India Smart Grid Week (ISGW) 2016, Conference cum Exhibition on Smart Grids and Smart Cities aims to congregate global Energy experts, Policymakers from the Government and World Leader’s from the corporate sector. The initiative is being aided by Ministry of Power, Government of India and several other Govt. Organizations and […]

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JBM Solar to Build a Massive Solar Plant in Haryana

JBM Solar aims to commission a massive solar power plant in Haryana, an aggregate investment of Rs 120 crore, will have an ability to generate 20MW power. “The plant will be commissioned in April 2016 and will be the biggest on-ground solar power plant till date in Haryana. The project was awarded by the Haryana […]

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Waaree Appoints Amit Paithankar CEO Of Indosolar

Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […]

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SECI Imposes Bar On Anil Ambani’s Reliance Power For 3 Years

The Solar Energy Corporation of India (SECI) has now issued an official notification to bar Anil Ambani-led Reliance Power, Reliance NU BESS, and any of its subsidiaries from participating in tenders for the next three years. This comes after investigations revealed the alleged use of forged documents to win SECI tenders by the firm. This […]

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Servotech Launches Micro & Hybrid Inverter, Solar Pump Controller & More

Delhi-based Servotech Power Systems Ltd., a renewable energy solutions company, launched a series of new products in a recent ceremony. The company, which has had a strong track record in manufacturing electric vehicle charging stations and equipment is now on an aggressive drive to wider its product offerings. Raman Bhatia, Founder and MD of the […]

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EKA Mobility bags 250 E-Bus Order From Nagpur Municipality

EKA Mobility (Pinnacle Mobility Solutions Pvt. Ltd.), a leading electric vehicle manufacturer has won a new order from the Nagpur Municipal Corporation (NMC) for supplying 250 electric buses. The fleet will serve major routes across the city, enhancing the quality of public transport while significantly lowering operational costs and emissions. The contract for this service […]

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Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

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