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OGPC Sought For Shareholders’ Vote on Converting Debt of Yes Bank into Equity

OGPC has also sought shareholders’ approval for reappointment of S Venkatachalam as Managing Director for 3 years — from September 23, 2016 to September 22, 2019. Orient Green Power Company (OGPC) has sought shareholders’ vote on converting up to Rs 50 crore of debt of Yes Bank into equity. The special resolution is to approve […]

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200 Bus Shelters in Lucknow to Get Solar Energy

Lucknow Municipal Corporation is planning to make 200 bus stops in the city energy-efficient transit system using solar energy. Taking the first step towards an energy-efficient transit system, the Lucknow Municipal Corporation will soon make 200 bus stops in various parts of the city solar energy operated. These bus stops are expected to streamline the […]

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GCL System Integration Hosts Two Workshops in Africa Presenting Intelligent Solar Solutions

GCL System Integration’s G-Home Solar Kit consists of solar panels, mounting system, inverter, intelligent energy management system and energy storage system (optional). The kit, which makes self-consumption of solar energy, helps reduce users’ electricity bills as well as the carbon footprint. GCL System Integration Technology Co. Ltd (GCL-SI) hosted two workshops in South Africa to […]

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Installation of rooftop solar power units is now mandatory in all new buildings coming up in Rajkot: Report

The municipal corporation in Rajkot has already made installation of rooftop solar power panels mandatory for all buildings in the city. District administration in Rajkot has made it mandatory to install rooftop solar power units in all new buildings coming up in the district. According to TOI six municipalities and villages which fall under RUDA […]

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Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy

The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […]

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Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February

Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […]

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IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project

IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […]

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VIZ-A-VIZ ANDREW HINES, Business Development Head – South India, CleanMax Solar

Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […]

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Cabinet approves enhancement of solar power capacity from 20,000 MW to 40,000 MW

The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […]

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