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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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8minutenergy to build 4GW solar photovoltaic project in India

Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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aleo solar to showcase its new glass-glass modules at Intersolar Europe 2016

aleo solar has announced that it will showcase newly developed solutions for photovoltaic building integration, a new guarantee package and a high-performance module with 310 watts and 5-busbar cells at Intersolar Europe 2016. The glass-glass modules that can be installed with architecturally appealing effect into glass roofs, windows or facades will be exhibited for the […]

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Researchers develop innovative solar absorber that can harness more sunlight

Researchers have discovered a novel way to significantly increase the amount of sunlight that a solar absorber can convert into heat. By converting solar energy into heat, the solar absorber can help make sustainable technologies that rely on solar heat more efficient and affordable. The team’s novel fabrication technique involves patterning a solar absorber with […]

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Perovskite Solar Cells reaches over 20% efficiency

Researches at Ecole Polytechnique Fédérale de Lausanne (EPFL) are pushing the efficiency limits of perovskite solar cell by exploring the best way to grow these crystals. EPLF in a statement said researchers’ team headed by Michael Graetzel has found that, by briefly reducing the pressure while fabricating perovskite crystals, they were able to achieve the […]

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Sunverge Energy names ABB software veteran Clinton Davis to lead product

Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […]

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SPI Energy enters into strategic partnership with General Energy Solutions

SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […]

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