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solar energy projects

Aquila Capital in Deal for Solar Project Portfolio in Spain

With an eye of a 500MW solar photovoltaic (PV) portfolio in Spain, Aquila Capital has signed an agreement with Viridi RE and Solar Ambition. Aquila is a German investment and asset development company and Solar Ambition is a subsidiary of Green Enesys Group. The deal has it that Viridi RE and Solar Ambition will work […]

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Powerledger Wins Award for Its Distributed Solar Electricity Project in UP

Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […]

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US Tariff Extension on solar products hurts energy goals: China

The Biden administration in the U.S. has extended Trump-era tariffs on imported solar products for four years but made changes to exempt many more products from the levies, such as the more modern bifacial panels, which are key for Biden’s climate agenda because they are the most efficient and will be increasingly used in large […]

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IIT-D Researchers Develop More Efficient Solar PV Towers

Researchers at Indian Institute of Technology Delhi (IIT-D) have developed highly efficient, shadowless and auto rotating solar PV towers for photovoltaic power generation in a particular area throughout the day. According to the institute, the “non-mechanical” and “mechanical” tracking solar PV towers with reflection concentration are viable for all Indian seasons with high energy density. […]

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Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka

Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […]

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Cipla to Acquire 32% Stake in AMP Energy Green Eleven

India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […]

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Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects

Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […]

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Ahmedabad Municipal Corp Budget 2022-23: Green Energy, EVs in Focus

Ahmedabad municipal commissioner Lochan Sehra proposed a draft budget of Rs 8,111 crore before the standing committee on Wednesday, laying down plans to promote green energy in the city. While avoiding new taxes and major announcements in the election year, the budget provided a thrust to solar power generation, rainwater harvesting and setting up of […]

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Singareni Collieries Will Install 1,000 MW Solar Power Plants In Telangana

The renewable quest of Telangana has received a shot in the arm with Singareni Collieries Company Limited (SCCL) – one of the key players in the energy sector in that part of the country – coming up with plans for a massive solar power push. In a fresh development, the company is mulling to establish […]

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