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SolarEdge Strengthens Business Position in India with New Office and Leadership

Already quite active in the Indian solar market, SolarEdge is now looking to expand its presence in the country with a new county manager, office and recruitment of a local team. SolarEdge Technologies, a global leader in PV inverters, power optimizers, and module-level monitoring services, is expanding its business in the Indian PV market with […]

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Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan

The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […]

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Vikram Solar commissions 130 MW solar project for NTPC in Bhadla, Rajasthan

Vikram Solar has used Poly-crystalline modules of size 295Wp to 320Wp for NTPC’s 130 MW solar project Vikram Solar has announced that it has commissioned a 130 MW (2×65 MW) Solar PV Power Plant for NTPC in Bhadla, Rajasthan. The project has been developed under the State Specific Bundling Scheme (for bundling with thermal power […]

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Solar capacity addition to reach up to 7.5 GW in FY18: ICRA

Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […]

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Oriano Solar gets Rs 20 crore from Samridhi Fund

Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […]

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First Solar sells 250MW Moapa Solar Project to Capital Dynamics

PV solar systems provider First Solar has sold the cash equity interests in the 250MW Moapa Southern Paiute Solar Project to Capital Dynamics. First Solar has announced that it has completed the sale of the cash equity interests in the 250MWac Moapa Southern Paiute Solar Power Project in Nevada to global private asset manager Capital […]

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NTPC reportedly planning expansion of solar power generation capacity

NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […]

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