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renewable energy investment

Canadian firm Nova Scotia Power Development Limited procures 80 MW solar project in Nigeria

Earlier, it was Indian EPC Sterling and Wilson who bagged 250 MW Solar Project in Nigeria; now the Canadian energy company Nova Scotia Power Development Limited (NSPDL) has collaborated with CDIL, another Canadian renewable energy company with projects focused in Africa, to develop an 80MW ground-mount solar project in Nigeria. Nova Scotia Power Development Limited […]

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PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar

India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […]

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India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land

The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […]

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Indian Government doubles down on Solar Parks after SunEdison Setback

According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […]

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Import of solar cells, modules increases by more than three times in India

Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […]

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France roars the Gigawatt Solar Capacity announces 20GW Solar Tenders

Few years back, the mammoth Gigawatt(GW) stories were profoundly exciting for the solar sector. Now, it seems not a challenge but an amended pledge for every major economy to rejig the renewable transition. The French environment and energy minister Segolene Royal has lately announced a number of new solar tenders in France for the development of various […]

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Infineon acquires Wolfspeed for USD 850 million

Infineon Technologies has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree for USD 850 million. The deal also includes the related SiC wafer substrate business for power and RF power. This acquisition will enable Infineon to provide broadest offering in compound semiconductors, it will also reinforce the […]

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Tamil Nadu to produce 3,000 MW of power in next three years through solar rooftop

Tamil Nadu is planning to produce 3,000 MW of power in next three years through solar rooftop and develop green villages. Speaking on the sideline of 15th edition of CII Green Power 2016 P Thangamani, Minister for Electricity, Prohibition and Excise said that the state has developed a vision to become a global leader in […]

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World Bank announces to provide more than $1 billion for India’s solar project

The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […]

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