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solar business

From 7 Paise Per KwH To Ownership. On SECI’s Future Plans

Solar Energy Corporation of India (SECI) CMD, Mr J S Swain, has been quoted in a recent interview to the Economic Times as saying that SECI plans to move to become a developer itself, with a first target of setting up 5000 MW of Solar-Wind hybrid projects in the coming decade. That announcement is a […]

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Siemens Gamesa to Supply Turbines for 113 MW Project in Vietnam

Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind farms in Vietnam, with a total capacity of 113 MW. In an effort to tap its potential and provide more clean energy to the country, Siemens Gamesa Renewable Energy will supply 25 SG 4.5-145 for one of the largest wind […]

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Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh

One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […]

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Tata Power Joins Hand with WWF to Call for Save Electricity

Utility giant Tata Power has entered into a partnership with World Wide Fund for Nature (WWF) to make people aware of saving electricity. Ahead of the Earth Hour on March 28, 2020, the company has propagated the theme – ‘Give Up’ and be the ‘Voice for the Planet’ by urging individuals to avoid wasteful consumption […]

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Vestas Secures Orders Worth 97 MW in China and Northern Ireland

Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. Vestas has announced that it has secured two orders for the delivery of 97 MW of wind turbines for two projects in China and Northern Ireland. The first order […]

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Mitsubishi and Chubu Complete EUR 4.1 Bn Acquisition of Eneco

Mitsubishi and Chubu Electric have officially acquired all shares of Eneco through its joint venture for a total value of 4.1 billion euros In November 2019, Mitsubishi Corporation (MC) and Chubu Electric were selected as the preferred buyers in a bid for the Dutch Energy Company – Eneco. Both firms had since been completing the […]

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EESL Tenders for PCS and Fast Combo Chargers for EVs

EESL has issued a tender for the supply and installation of power conversion systems (PCS) and fast combo chargers for electric vehicles (EVs). Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible bidders for the supply and installation of power conversion systems (PCS) and fast combo chargers for electric vehicles (EVs). […]

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Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p

The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […]

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mPower Raises Addl $1.85 Mn in Series A Funding

New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […]

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