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SunPower to construct a 7.75-megawatt solar power system at Toyota headquarters

Toyota has announced that SunPower is designing and plans to construct a 7.75-megawatt solar power system at its North American headquarters in Plano, Texas The 7.75-megawatt solar power system is expected to generate 25 percent of the headquarters’ total electricity deman. The project will be comprised of three solar carport structures using high efficiency SunPower […]

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Havells India forays into solar business

Havells India on Monday in a filing with the BSE informed that the Company is launching solar solutions including Solar power generating systems, Home lighting kits, Solar Pumps, Solar street lights etc. The company will start rolling out the solar products pan India in phases, starting from month itself. However, Havells did not reveal exact […]

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Varanasi Municipal Corporation to install solar panel in its offices

The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […]

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Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh

Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […]

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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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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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