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 […]
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 […]
Ministry of Power has announced that two days conference of Power, Renewable Energy & Mines Ministers of States & Union Territories will be held on 16th & 17th of this month in Goa. The aim of two days conference is to review the implementation of various ongoing Schemes/ Programmes & host of issues pertaining to […]
Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […]
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 […]
aleo solar has announced that it will showcase newly developed solutions for photovoltaic building integration, a new guarantee package and a high-performance module with 310 watts and 5-busbar cells at Intersolar Europe 2016. The glass-glass modules that can be installed with architecturally appealing effect into glass roofs, windows or facades will be exhibited for the […]
Cupertino giant Apple last year invested $850 million to build a brand new 1,300-acre solar farm in Monterey, California to power the company’s new office campus, retail stores and its other California operations. According to 9to5mac.com and Bloomberg the tech giant is now planning to sell excess solar power from the panels installed on its Apple Campus2. […]
SolarCity has announced the appointment of Toby Corey as president of global sales and customer experience. Corey will oversee sales, marketing and customer service of the company in his new role, and report to CEO Lyndon Rive. Corey as head of sales and marketing organizations in 2012 and 2013, dramatically increased SolarCity’s sales, and reduced […]
Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […]
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