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ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report

ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […]

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USAID to aid African off-grid solar startups with 4 million dollars funding

United States Agency for International Development (USAID) has announced the recipients of $4 million in new funding for African off-grid solar energy startups at the UN Climate conference held in Marrakech earlier this month. America’s foreign aid agency sanctioned the seed funding to the eight companies through the Scaling Off-Grid Energy: Grand Challenge for Development […]

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The Investors Theorem: Your Rooftop PV Solar Project

Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […]

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Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan

Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […]

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ABB India signs MoU with IIT Madras to develop multi village microgrid models

As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […]

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Nexamp Completes 2.6 MW Community Solar Project in Sutton, MA

Nexamp has today announced the completion of a 2.6 megawatt Community Solar project located on the Sutton-North bridge town line in southeastern Massachusetts. Consisting of over 8,000 panels, the project is one of the largest Community Solar projects in the Northeast serving local homes, nonprofits and small businesses. The new solar array is built on […]

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Geostellar Partners with Progressive National Baptist Convention and Together Solar to Launch Nationwide Community Solar Program

Geostellar, the nation’s original online solar energy platform, announced today a partnership with the Progressive National Baptist Convention (PNBC), a vital Baptist denomination with an estimated membership of 2.5 million people, and Together Solar, a developer of shared-solar energy generation projects, to offer clean, renewable power through PNBC member churches to their communities and congregations. […]

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Stellar Solar Partners with a Global Solar Technology Leader to Become SunPower by Stellar Solar, a SunPower Master Dealer

Stellar Solar, San Diego’s oldest SunPower dealer, is the first in North County to be selected to join the SunPower Master Dealer network, a strategic partnership program designed to deliver global solar expertise to local communities through leading independent solar installers.  SunPower carefully selects its master dealers, awarding this distinction only to installers that consistently […]

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