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Green Energy

IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore

IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […]

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GCL-SI Inks Cooperation Agreement with IBC SOLAR

GCL System Integration Technology signs business partnership with IBC SOLAR in Germany, a global leader in photovoltaic (PV) systems and energy storage. It is a clear indication that GCL-SI is exploring the European markets by providing the local markets with its solar modules. Per agreement, GCL-SI will deliver 60 megawatt polycrystalline solar modules to the […]

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Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart

Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […]

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EEC Introduces World’s First 4-in-1 Photovoltaic (PV) Module Safety Analyzer

Available with Four-in-One Solution to Solarize Power Optimization, EEC’s EPV-500 series Photovoltaic (PV) Module Safety Analyzer can perform multiple testing functions on solar panels. Extech Electronic Co. (EEC) has announced the worldwide release of the EPV-500 series, the world’s first four-in-one photovoltaic (PV) module safety analyzer. The EPV-500 offers a complete one-step automatic testing solution […]

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International Finance Corporation Plans $6 Billion Investment in India

International Finance Corporation (IFC) has invested over $2 billion in green buildings initiatives in India since 2005, and is planning to put up to $6 billion in India over the next five years to support the initiative. International Finance Corporation (IFC), a World Bank Group member has planned to invest up to $6 billion in […]

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Hindustan Power Bags 15 Solar Power Generation Projects in Japan

The solar power projects will be commissioned in financial year 2017-18 with an investment of $100 million. Hindustan Power plans to run the projects for 5-7 years from the date of commissioning. Hindustan Power has acquired the rights to build 15 solar power generation projects in Japan. The bids for the projects were called by […]

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Jharkhand CM Raghubar Das Inaugurates Rooftop Solar Plant in Garhwa

Jharkhand Chief Minister Raghubar Das and Supreme Court judge Madan B Lokur have inaugurated the Rs 1.48 crore rooftop solar power plant at Garhwa’s civil court and sub-jail. The project was installed by Jharkhand Renewable Energy Development Agency (JREDA). CM told TOI that Solar energy programme is a dream project of Prime Minister Modi. We […]

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Solar and Wind to be Cheapest Source of Power Generation by 2030

With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […]

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IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects

L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […]

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