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solar energy companies

MNRE Releases Advisory, Clarifying Rooftop Solar Scheme to Vendors

The Ministry of New and Renewable Energy (MNRE) released an advisory to clarify the Rooftop Solar Scheme regarding which many vendors are in confusion. MNRE is implementing the Grid-connected Rooftop Solar Scheme (Phase-II) to generate solar power by installing rooftop solar panels on the houses. Under which the ministry is providing 40 percent subsidy for […]

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JA Solar Supplies all Modules for Largest Solar Project in Guam

JA Solar recently announced that it supplies all PV modules needed to complete an 88 MW project in Guam. Invested in and constructed by Korea Electric Power, the project will be the largest single PV plant in Guam. Located on an island and in an environment with strong winds, the project has stricter than usual requirements for […]

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ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020

ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […]

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Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million

Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […]

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Onward Energy to Create 4 Gigawatt US Power Platform

U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […]

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Policies & Incentives Needed to Boost Domestic Solar Manufacturing: Saibaba Vutukuri, Vikram Solar

Saibaba Vutukuri, CEO of Vikram Solar, has said the domestic solar industry needs a comprehensive policy framework to boost manufacturing. As the industry awaits the Union Budget, Saibaba Vutukuri, CEO of Vikram Solar, has said that he believes there is an immediate need to build a robust eco-system for indigenous solar manufacturing and making it […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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Loanpal Closes Securitization of $474 Million of Residential Solar Loans

The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […]

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PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO

Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […]

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