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solar and wind

GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters

GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […]

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SECI asks World Bank to finance 50% of it solar projects

The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […]

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Ecotricity announces that it has acquired SunEdison UK solar business

Ecotricity has announced that it has acquired home rooftop solar business of SunEdison. Before exiting UK, SunEdison had built a portfolio of nearly a thousand rooftop solar installations, a product known as the Energy Saver Plan. Dale Vince, Ecotricity founder, in a statement said: “This is an exciting and important step for Ecotricity. As a […]

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Suzlon acquires five solar companies to implement various renewable energy projects

Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […]

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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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Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio

Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […]

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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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