Solar Projects

Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects

Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […]

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BlackRock Sells 14 French Solar Projects to International Consortium

The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […]

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Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects

Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […]

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Solar FlexRack Completes Shipments of New TDP 2.0 Solar Trackers to 17 MW of Solar Projects in Georgia

Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced today it has completed shipments of its new TDP 2.0 Solar Trackers to SolAmerica Energy to be installed in eight solar projects located across the state of Georgia. The new Solar FlexRack 2.0 Tracker with BalanceTrac introduces a technology […]

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Rupee fall puts Rs 28,000 crore solar projects at risk

With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […]

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PROINSO, Joules Power Win Asian Power Award for Bangladesh’s 28 MW Solar Project

PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership with Joules Power (JPL). UK-headquartered PROINSO has won the Asian Power Award 2018 for the 28MWp utility scale project in Bangladesh under the category of “Solar Power Project of the Year – Bangladesh”. PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership […]

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CLP India, Suzlon Join Hands for 2 Solar Projects in Maharashtra

As per the deal, CLP India has agreed to acquire 49 percent stake in Gale Solarfarms and Tornado Solarfarms, two special purpose vehicles (SPV) set-up by Suzlon. Foreign investor CLP India and renewable energy solutions provider Suzlon has inked a joint venture pact for two solar projects of 50 MW and 20 MW in Dhule, […]

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Sale of 30.4 MW Solar Projects Fetch Canadian Solar $103mn

Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Solar developer and manufacturer, Canadian Solar has sold three of its solar power projects totaling 30.4 MW for USD 103 million. Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Further, the […]

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