solar developer

CERC Orders MPPMCL & DMRC to Compensate ACME Solar

Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate.  The Central […]

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Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase

Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […]

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EQT Makes Voluntary Takeover bid for Spanish Solar Developer Solarpack

A global investment organization, EQT Infrastructure has announced a voluntary takeover bid for 100 percent of the share capital of Solarpack Corporación Tecnológica, S.A, a Getxo-based developer and owner of solar PV plants, mainly active in Spain, Chile, and India.  Before the announcement, EQT Infrastructure has signed permanent agreements with the Vendor Shareholders (Beraunberri, S.L., […]

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Enphase Energy Hires Ramesh SubbaRao as GM Commercial Operations India

He will oversee the company’s commercial operations in the India region, with a focus on the country’s dominant commercial and industrial (C&I) segment. Solar microinverters provider Enphase Energy has appointed Ramesh SubbaRao as Vice President and General Manager, India Commercial Operations. He will oversee the company’s commercial operations in the India region, with a focus […]

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CleanMax Solar Donates Rooftop Solar Plant to Ahinsa Sthal in Delhi

With this installation, Ahinsa Sthal has replaced over 35 percent of it’s power consumption and estimated to save Rs 50,000 per year on its electricity bills. In a step towards environment conservation, Gurgaon-based solar developer, CleanMax Solar, has donated a 6.4 kWp rooftop solar plant to Ahinsa Sthal, a prominent Jain temple in Meherauli, Delhi. With this installation, […]

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Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra

The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […]

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