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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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Fortum, Taaleri signs an agreement with Chempolis Oy to invest in the company

Fortum and Taaleri Kiertotalous Ky have entered into an agreement with Chempolis Oy to invest in the company. The agreement is part of a restructuring of Chempolis Oy’s ownership and financing, in order to strengthen the balance sheet and operations as well as open new growth areas. Fortum will invest approximately EUR 6.4 million and […]

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Rooftop Subsidy in India

For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […]

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Indian companies win Solar for All contest for innovative community solar electrification solutions

The Canopus Foundation and the Fraunhofer Institute for Solar Energy Systems ISE, who collaboratively organized the 2nd Solar for All Contest for Innovative Community Solar Electrification Solutions 2016, on 19th October, had announced the winners. For the past nine months, Solar for All was running the Contest to find the best innovations in providing rural […]

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Aurora Solar receives a follow-on order from one of the solar cell technology leader

Aurora Solar Technologies has announced that it has received a follow-on order from the recognized leader in solar cell technology. The company in a statement said that the order for multiple Decima 3T systems with Veritas Visualization Software is the second purchase for this customer’s announced 1.4GW production facility and will be deployed on mono-crystalline […]

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NTPC to set up 50 MW solar project in Andaman & Nicobar Island

NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana

Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […]

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