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solar business

RITES Tenders for 1 GW Solar PV Projects on Indian Railways Land

RITES Limited has issued a tender for setting up of 1 GW of land-based solar photovoltaic (PV) power projects on land owned by the Indian Railways. RITES Limited, an engineering consultancy company which works under the aegis of the India Railways, has issued a tender for setting up of 1 GW of land-based solar photovoltaic […]

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Residential Solar. Market Yes, But Marketing?

Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […]

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Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders

Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […]

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100 MW Solar Plus Storage Project Approved by Arkansas Commission

The Arkansas Public Service Commission has approved a new 100 MW utility-scale solar project along with a 10 megawatts of battery storage system The Arkansas Public Service Commission has approved a new utility-scale solar project that will provide Entergy Arkansas customers with 100 megawatts (MW) of solar power and 10 megawatts of battery storage. The […]

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Heliogen Bags Award for its Concentrated Solar Technology

Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […]

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Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses

Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […]

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IREL Tenders for 100 kW Rooftop Solar Power System

IREL has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. Indian Rare Earths Limited (IREL) has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. The last date for bid submission is […]

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […]

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EDF to Develop Integrated Solar, Storage and EV System for Cubic Corp

EDF will design, build, own and operate an integrated energy system consisting of solar, storage and EV charging stations at no up-front costs for Cubic EDF Renewables North America has announced that it has finalised an agreement with Cubic Corporation to design, build, own and operate an integrated energy system consisting of solar, storage and […]

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