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DESRI acquires First Solar’s 11 MW California PV project

The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar. D.E. Shaw Renewable Investments (DESRI) has taken possession of First Solar’s 11 MW Rancho Seco Solar Project in Sacramento County, California, for an undisclosed amount. The First […]

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ReNew Power acquires 5-MW Solar Plant PPA for Chandigarh International Airport

ReNew Power Ventures Private Limited, one of the India’s top renewable energy company has acquired a PPA for 5-MW solar plant installation from Chandigarh International Airport (CHIAL). The solar project is said to use Single Axis Tracker Technology for improved efficiency. The agreement duration for the 5-MW project is 25 years and was earlier in […]

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5200 Megawatts Solar Capacity to be added in 2016-17

India is set to add 5200 MW solar capacity this fiscal year with various states coming out with policies for the sector. The reports from a study conducted by the ratings agency, CARE, it is estimated that out of total installed renewable energy capacity of 42750 MW as on 31st March, the solar energy share […]

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JinkoSolar secures three PPAs for 188 MW of solar from Mexico’s Federal Electricity Commission

JinkoSolar, one of the top Chinese solar power firms has signed a long term PPA with Mexico’s Federal Electricity Commission (Comision Federal de Electricidad). The deal includes three solar projects that were awarded in April’s inaugural power auction. JinkoSolar, which is a Tier-1 Chinese solar company, has acquired PPA for 188 MW of solar PV […]

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SECI invites bids for 10MW Solar PV Project at Paradip port Trust premises in Odisha

Solar Energy Corporation of India Limited (SECI) on behalf of Paradip port Trust  is inviting bids for selection of EPC Contractor for Design, Engineering, procurement and Supply, construction and Erection, Testing, Commissioning, Associated Transmission system and comprehensive Operation and Maintenance for 10 years of grid connected 10 MW (AC) Solar PV Project at Paradip port […]

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Solar powered vehicles to take tourist inside Bhitarkanika National Park

Solar power vehicles were seen playing inside the Bhitarkanika National Park when it was opened for tourist on Monday after three months.  Tourists will have to pay Rs 20 a person to travel on the green vehicle to the core areas of the forest. Speaking to TOI divisional forest Officer Bimal Prasan Acharya said that […]

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Sungrow Raises US$ 400 Million to Strengthen Core Solar Business

Chinese PV inverter manufacturer Sungrow has announced that it issued 120 million additional shares—raising US$400 million of additional capital to strengthen it solar core business. With this new stock offering, the company is expected to reinforce its financial strength, reduce financial risk, and optimize its financial structure. The US$400 million raised in equity capital will […]

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