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Mytrah Energy Successfully Raises Rs. 1800 Crore

The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […]

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JinkoSolar Set to Dazzle at the Renewable Energy India Expo 2017

JinkoSolar will showcase the Eagle MCT, Eagle MCT MX 72, Eagle PERC 72, Bifacial N-Type 72 and Eagle 1500V modules at the Renewable Energy India Expo 2017. JinkoSolar Holding Co., Ltd., the global leader in the photovoltaic (“PV”) industry today announces its presence at the 11th Renewable Energy India Expo (REI) from 20th – 22nd […]

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Will GST Slowdown India’s Solar Power Juggernaut?

The Government’s recent announcement of 18% tax rate under the new indirect tax regime for solar module was the biggest surprise for the power and renewable sector. Looking into the uproar and dissatisfaction in the industry the government seems to have changed its plan and working on settling the incongruities in the new regime. The […]

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Trina Solar Rated Top Bankable Module Supplier by BNEF

After having obtained the top spot in the previous 2016 report, Trina Solar has now once again been rated bankable by 100% of the banks, EPCs, consultants and industry experts participating in the BNEF survey. Trina Solar has announced that it has received a top rating in the latest module bankability report, published by Bloomberg […]

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SMA Introduces New Inverter for Commercial PV Solutions

The new SOLID-Q 50 inverter is designed to return highest yields in commercial PV applications. All components of the SOLID-Q 50 inverter are designed and tested to excellently meet the environmental conditions in India. SMA Solar Technology AG (SMA) has expanded its portfolio with the SOLID-Q 50 PV inverter. The new string-inverter offers unmatched performance […]

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Aluminum Major Nalco to Tap Renewable Energy for Power Requirements

NALCO looks forward to set up a 20 MW solar power plant in Madhya Pradesh and issued inviting tender (NIT) for selection of developer for EPC for 50 MW solar power project at a suitable location in India. National Aluminum Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements. […]

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Azure Roof Power to Electrify Government of India Buildings across 10 States

50 MW allocation to Azure Power is the largest solar rooftop allocation done by SECI to supply power to Government buildings, approximately 14% of the total allocated capacity of 360 MW announced. Azure Power, a leading solar power producer in India, announced that it has won a 50 MW solar project in an auction conducted […]

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Andhra Pradesh Aims at Increasing its Green Cover to 50 percent by 2029

Andhra Pradesh CM Naidu has said that there is an urgent need to increase the green cover in cities and towns for sustainable development. Expressing concern over rise in pollution levels world over, Andhra Pradesh Chief Minister N Chandrababu Naidu said that his government has set a target to increase the green cover to 50 […]

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GCL-Poly Energy to Launch New Range of Products after Successful Acquisition

GCL-Poly Energy Holdings Ltd released first-quarter production and sales figures, including a 10.6% rise in wafer sales, and said it is soon launching new products with “higher quality and better price”. The company lately said the new products will be rolled out in the current quarter. It has completed the purchase of assets of SunEdison […]

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