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SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code

SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […]

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Risen Energy announces primary order placements of 175MWp Solar PV Modules by India’s Mytrah

Chinese solar module producer Risen Energy has announced the primary order placements of 175MWp Solar PV Modules by India’s Mytrah Energy for dispatch during 2016. Mytrah’s recently received approval of a USD 175 million direct loan facility from Asia Development Bank (ADB) to assist its growth plans within India, which include the option of purchasing […]

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Suzlon installs solar powered street lights in Tamil Nadu

As part of the zero darkness initiative Suzlon Foundation with Association for Integrated Rural Development (AIRD) has installed two solar street lights in each village, Ottanatham and Sangampatti, in Tuticurin district, Tamil Nadu. . The lights were installed in common places where there was complete darkness. The objective of the activity was to promote green […]

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ABB and Solar Impulse proves clean energy future is achievable

Solar Impulse flying halfway around the world on solar energy, has already proved that it is possible to produce a stable, 24/7 electricity supply using only renewable energy. On the ground, ABB is helping remote communities and islands like Hawaii to meet and sustain their own energy needs by incorporating renewable and clean energy technologies […]

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Cost of Solar energy is less than that of conventional energy: Piyush Goyal

Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […]

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ABB, IIT Madras enters into R&D partnership for microgrids & green energy

ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […]

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USAID, ADB signs MoU to develop solar parks across India

The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […]

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SunEdison finds difficult to get buyers for its projects in India

US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]

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