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SoftBank’s investments in India to surpass $10 billion in 5-10 years

Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […]

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MNRE sets target for Commercial & Industrial sector for FY 2016-17

Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS   plants   will   be   set   up   in   residential, commercial, industrial,   institutional, Government/ PSU sectors ranging from […]

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SolAero Technologies acquires Vanguard Space Technologies

Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […]

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India has emerged as the biggest renewable energy lab in the world: Richard Verma

US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […]

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ENGIE acquires an 80 percent stake in Green Charge Networks

ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […]

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TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets

Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL).  The investment […]

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GreatWall Energy announces availability of the Satcon Equinox 750kW inverters with Ampt Mode

China Electronics GreatWall Energy has announced the availability of the Satcon Equinox 750kW inverters with Ampt Mode. These inverters with Ampt String Optimizers lowers the total system cost and improve lifetime system performance said the company. The Equinox inverter platform comes with industrial-grade engineering and a rugged design with advanced utility-ready features. With Ampt Mode […]

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S&C Electric Company completes one of the largest energy storage systems in Ohio

S&C Electric Company has completed one of the largest energy storage systems in Ohio. The 7-MW system located in Minster, Ohio, was built in partnership with Half Moon Ventures (HMV) and the local municipal utility, the Village of Minster. The project at the Minster Solar + Storage Facility was officially inaugurated on May 6 t to the residents of Minster. […]

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India will lead the world towards clean energy: Piyush Goyal

Minister for State (Independent Charge) for Power, Coal and New & Renewable Energy, Piyush Goyal, felicitated 102 awardees at CST & Solar Cooker Excellence Awards- 2016 on Friday in National Capital.  The minister also released 9 knowledge documents collated by several experts to provide information on Concentrated Solar Thermal Technology (CST) on the occasion. Speaking […]

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