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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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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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TNERC announces new solar power tariff

The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed comprehensive tariff order on Solar Power which comes into force from 1st April this year. The tariff works out to Rs.5.10 per unit for Solar PV projects and Rs.11.12 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is […]

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CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County

The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […]

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Gamesa bags 12MW Solar Deal in Tamil Nadu

Spanish renewable provider, Gamesa announces a successful solar deal of commissioning 112MW in the state of Tamil Nadu, India. Through this photovoltaic (PV) project, the company will provide engineering and design services, supply inverters, implement the actual installation and commission the solar PV parks. Previously, The latest order expands the company’s Indian solar power portfolio […]

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Dairyland, Xcel Energy agrees to purchase electricity from multiple new solar facilities in Wisconsin

Last week on Wednesday two Wisconsin services announced projects that will roughly double the state’s solar energy generation capacity. Dairyland Power Cooperative has entered into agreement to purchase electricity from 12 new solar arrays with a combined capacity of almost 19 megawatts, while Xcel Energy will be purchasing up to 3 megawatts of electricity from […]

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The Red Lake Nation Turns Solar Starts with 15 MW of Installation

The Red Lake Nation tribal leaders announces of getting into the solar business. Claimed as one of the largest solar projects planned in northern Minnesota, the plan is to install 15 megawatts of solar panels across the rooftops of their largest buildings. With this accomplishment, the vicinity can illuminate every bulb in the tribe’s three […]

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Maharashtra Impulse on Solar Investment – aims Rs 50,000 crore

Well-suited solar conditioned states are collaring to use solar energy, now Maharashtra has opened investments worth Rs 50,000 crore to boost its solar energy project. The state government, with the Centre and private sectors, is set to bring modifications to reduce solar power cost to make it farmer-friendly in rural Maharashtra. “The state government is […]

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