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ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India

ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […]

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Recurrent Energy Announces Commercial Operation of Two Solar PV Projects in California

The two solar pv projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria 2 is located in Kern County, California Recurrent Energy, a wholly owned subsidiary of Canadian Solar has reached commercial operation of two solar PV projects in California. The two solar photovoltaic projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria […]

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Luminous Regalia wall-mounted power backup system launched in India

Luminous Regalia enable users to stay connected using Wi-Fi and access information and diagnostics via their smartphones Luminous Power Technologies has announced the launch of wall-mounted power back-up system named Luminous Regalia. The Company is touting it as the most compact power back-up system available in India. The new product from the house of Luminous comes […]

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Amplus plans to Acquire Solar Power Firm Kiran Energy

Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […]

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Tesla to install 70MW solar farm to power its Gigafactory in Nevada: Report

Tesla is planning to install 70MW solar farm in a bid to reduce Gigafactory’s dependency on fossil fuel and meet the power needed by the facility Tesla is reportedly planning to power its Gigafactory in Nevada with a 70MW solar farm. Electrek citing a company investor relations document reports that the 70-megawatt solar array installation […]

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India’s first solar power boat launched in Kochi

Aaditya, India first ferry boat that runs on solar power launched in the 2.5-km Vaikom Tavanakkadavu sector. The country’s first solar ferry boat ‘Aaditya’ was launched in the 2.5-km Vaikom-Tavanakkadavu sector, even as the state government sought Central financial assistance to roll out 10 more such passenger boats as part of its aim to replace […]

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Mitsubishi Corporation and AES to develop India’s First Grid-Scale Solar Energy Storage Array

AES and Mitsubishi Corporation to deliver India’s First Grid-scale Solar Energy Storage Array to Tata Power AES India, a subsidiary of The AES Corporation and Mitsubishi Corporation has announced a joint partnership agreement to deliver India’s first grid-scale energy storage array to the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi […]

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