SUBSCRIBE NEWS LETTER

solar PV

Indian Oil Tenders for AMC of 600 kW Rooftop Solar System in Mathura

Indian Oil has issued a tender for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura Refinery. The Indian Oil Corporation (IOCL) has issued a tender, seeking eligible bidders for the comprehensive Annual Maintenance Contract (AMC) for its 600 kW rooftop solar PV system at its Mathura […]

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Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects

The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […]

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L&T Bags Orders worth Rs 5,000 – Rs 7,000 Cr for Power Transmission, Solar Biz

Multinational conglomerate Larsen & Tourbo’s Construction arm, L&T Construction, said that it has won major contracts worth Rs 5,000 to Rs 7,000 crore for its businesses including power transmission & distribution (PT&D) and solar in India as well as overseas. The company has got a prestigious order in Kuwait to upgrade substations and related power […]

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Ind-Ra Withdraws Sterling & Wilson Solar’s CP Ratings on Request

Credit rating agency India Ratings and Research (Ind-Ra) has withdrawn its rating assigned to Sterling & Wilson Solar (SWSL), a Shapoorji Pallonji Group company, on the Rs 300 crore Commercial Paper (CP) programme. The company said that “on its request, India Ratings & Research has withdrawn the ratings assigned on the Rs 300 crore Commercial […]

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Enphase Energy Joins Hand with Courant Naturel to Tap Solar Rooftop Market

With an aim to capture the residential solar rooftop market in southwest France, Enphase Energy, one of the leading suppliers of solar microinverters globally, has entered into an inverter supply agreement with Soual-headquartered Courant Naturel. Since 2007, Courant Naturel, which is a fast-growing residential solar installer, is serving residential solar customers in the southwest region […]

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REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy

The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […]

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India’s Solar Energy Plans Bogged Down With Supply Chain Issues

Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […]

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Can SolarEdge’s Virtual Solar Show be the New Industry Trend Setter?

Amid a slowdown in business and economic activities across the globe mainly due to spread of coronavirus pandemic, Israel-based specialist in smart energy technology, SolarEdge Technologies (SolarEdge), has found a new way of interacting with its customers and various industry stakeholders. Thus, Nasdaq-listed SolarEdge is planning for an interactive virtual solar show which will be […]

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AIP Invests in Longroad Energy’s 215 MW Solar Assets

After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […]

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