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Suzlon acquires five solar companies to implement various renewable energy projects

Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […]

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Indian Banks edgy, as Solar Companies fails to deliver

What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […]

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Canada’s Suncor submits proposal to build three 80 MW solar PV farm

Canada’s largest oil sands producer Suncor has submitted a proposal to the Alberta Electric System Operator to build three 80 MW solar PV farms in the state. This is the first time that the company is foraying into solar energy. The proposal from the firm includes sum of 240MW solar PV plants in the stand […]

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