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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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Central Jail wants to tap into solar energy

Central Jail in Agra is reportedly planning to tap into solar energy source in a bid to ensure uninterrupted power supply and strengthen security. The central Jail authorities have already started working on plan to tap the clean energy. The Solar energy plant at central jail will reduce electricity bills and the money saved will […]

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GTAT Corporation announces multiple orders for polysilicon equipment and technology

U.S. polysilicon, solar and sapphire equipment maker and principal operating arm of GT Advanced Technologies group, GTAT Corporation (GT) has announced that it has received several new orders for polysilicon equipment and technology from customers in Asia since exiting Chapter 11 in March. New orders received by GTAT include its latest hydro-chlorination Fluid Bed Reactor […]

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Juwi, KPS partners on solar, battery and diesel hybrid system

juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […]

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Ameresco completes 18.6 MW solar facility in Frederick, Maryland

Ameresco has announced that it has completed 18.6 megawatt (MW) direct current (15.0 MW alternating current) solar facility located at the U.S. Army Garrison Fort Detrick Army installation in Frederick, Maryland. The large-scale solar project, now operational, is comprised of 59,994 solar panels installed across 67 acres of land throughout Area B at Fort Detrick. […]

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Fortum signs EUR 1,750 million syndicated Multicurrency Revolving Facility Agreement

Fortum Corporation has signed a EUR 1. 75 billion syndicated Multicurrency Revolving Facility Agreement. The company will use the committed facility for general corporate purposes and replaces the existing credit facility signed in July 2011. The facility has an initial maturity of five years and Fortum may request two one-year extension options. The company in […]

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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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