SUBSCRIBE NEWS LETTER

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CLP India, Suzlon form JV for 100MW solar project in Telangana

CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […]

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Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh

Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […]

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PLG Clean Energy bags 230 MW solar power plant licenses

PLG Clean Energy Project has announced that it has secured and won 230 MW Solar Power Plant licenses through transparent and disruptive reverse bidding mechanism of Govt of India in 2016. The company will soon embark on developing 230 MW solar power plants across the states of Maharashtra, Jharkhand and Rajasthan. Solar Energy will be […]

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Solar Fastest Growing New Energy Source in India: Mercom Capital Group

Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […]

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Sungage Financial adds Vikram Solar to its approved vendor list

Sungage Financial has listed the Tier 1 solar module manufacturer Vikram Solar as an approved vendor. Vikram Solar Modules can now be installed in any residential solar system that is using financing from Sungage Financial. Ken Oatman, Head of Business Development for the Americas said “After Vikram Solar achieved various certifications such as UL and […]

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Rays Power announces completion of 10 MW solar PV project in Telangana

Rays Power Infra has announced successful completion of 10 MW solar PV project, for one of its client Haldirams in Telangana. PPA for the project was signed on March 2015 and was commissioned on September 2015; it has garnered the reputation of being the fastest project commissioned in the country, delivered seven months before schedule. […]

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ReneSola partners UCK Group to develop 116 MW solar power projects in Turkey

ReneSola has partnered with a leading Turkish solar energy solution provider UCK Group to develop a pipeline of solar power projects in Turkey with a total installed capacity of 116 MW. All of the projects are unlicensed thus qualifying for the Feed-in-Tariff of $134/Mwh. As per the terms of the partnership agreement, UCK Group’s Berak […]

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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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