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IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore

This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […]

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TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project

The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […]

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India Becomes Global Leader in Renewable Energy Auction: Report

India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […]

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JinkoSolar Hits Record High Shipment in Third Quarter

Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […]

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Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant

Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […]

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Unregistered Solar Rooftops in Capetown to Face Penalty

The city administration has taken this decision after witnessing a huge spike in solar rooftops installed in Cape Town posing a safety and a legal risk. Residents of Cape Two who are using rooftop solar installations will have to pay a hefty fine if they fail to get their solar installation registered by February next […]

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Neoen Commissions Australia Largest PV Solar Plant

Connected to TransGrid’s transmission network, the 550 hectare solar park has a power purchase agreement of 12 years with EnergyAustralia. Neoen, a French renewable energy firm, has completed and started commercial operations at its 189MW Coleambally Solar Farm in New South Wales, Australia. Connected to TransGrid’s transmission network, the 550 hectare solar park has a […]

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Freyr Energy Secures Rs 27 Crore in Series A Funding

Freyr Energy will use the funding to strengthen the technology aspect of their operations while enhancing the sales and marketing networks. Hyderabad-based Freyr Energy, a solar rooftop startup, has raised Rs 27 crore from C4D Partners, a Netherlands-based Impact Investment Fund in Series A. Prior to this, Freyr Energy had secured seed funding from Doen-Participaties, […]

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Canadian Solar Acquires 100% of Suzlon’s Telangana Solar Projects

Suzlon sold its Amun Solar Farms and Avighna Solar Farms for a total of Rs 280.11 million to the Canadian global module supplier and solar project developer. Canadian Solar acquired the remaining 51% stake in two solar projects in Telangana from Suzlon Energy. The two projects have capacity of 15 MW each. Suzlon sold its […]

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