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Solar developers seems least interested for TANGEDCO’s solar projects

In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […]

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CREAD Starts Process Of Installing Grid Connect Rooftop Solar PV Systems Across The State

Chhattisgarh Renewable Energy Development Agency (CREDA) has reportedly stated the process for installing grid connected roof-top solar PV plants across the State. According to The Pioneer CREDA will install solar plants on the rooftop of several establishments in the state. With the installation of rooftop solar photovoltaic power plants the state is expected to obtain […]

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Intersolar steps into one of the most promising, but challenging solar markets

The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […]

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Sterling and Wilson obtains EPC Contract for 170 MW Solar PV Project in Morocco

Largest Global Solar EPC Company, Sterling and Wilson, with over 1 GW of installations on ground, have signed an agreement to construct a 170 MW photovoltaic (PV) facility, with the consortium led by ACWA Power in the Kingdom of Morocco. The agreement was signed during a ceremony at COP22 in Marrakech. The NOOR PV I […]

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Demonetization hits solar power bids in Tamil Nadu

Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […]

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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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