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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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India’s Total Solar Power Capacity Crosses 9 GW

India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […]

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Maharashtra to Take Joint Venture Route for Solar Energy Push

Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […]

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Innovative Solar Systems Offers 3GW’s of U.S. Utility Scale Projects for Sale

ISS only develops and builds Utility Scale solar projects that range in size from 20MW(AC) to well over 200MW and has a total pipeline of approximately 10 GW’s of new projects spread over twenty various states, territories and municipalities.  Innovative Solar Systems becomes the single largest developer of Solar Farms in US with the largest […]

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Power Looms to Get Subsidy for Shift to Solar PV Mode

Government will provide financial assistance in the form of capital subsidy for solar PV installation in decentralized power looms Government has approved a new scheme to provide financial assistance in the form of capital subsidy to small power loom units for installation of solar PV (SPV) plants. The scheme aims to alleviate the problem of […]

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Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore

NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […]

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8minutenergy receives PPA to develop the over 115 MW Springbok 3 Solar Power Farm

8minutenergy receives the third installation of the Springbok cluster for the development of Solar Power Farm 8minutenergy Renewables, the leading independent solar developer in the U.S., announced it has received approval on a Power Purchase Agreement (PPA) to develop the over 115 megawatt-dc (90 MW-ac) Springbok 3 Solar Power Farm, located in Kern County, California. […]

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Siva Power Acquires Process Equipment From Thin-Film Solar Manufacturers First Solar And Bloo Solar

The acquisition of process equipment from thin-film solar manufacturers First Solar and Bloo Solar, will enable Siva to progress its works. Siva Power has acquired process equipment from thin-film solar manufacturers First Solar and Bloo Solar. Additionally, the company’s development facility has been expanded to 35,500 square feet. Siva also recently closed a convertible round […]

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Solar Power To Feed 7,000 Railway Stations: Arun Jaitely

“It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […]

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