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ReNew Power Raises Rs 2,235 Crore From NCD

The issuance comes in two parts: the first, a credit enhanced NCD worth Rs 760 crore and the second, a multi-issuer cross-collateralised rupee bond involving multiple power distribution companies. ReNew Power Ventures Pvt. Ltd, one of India’s leading clean energy companies, has stated the closure of the issue of non-convertible debentures (NCDs) collectively worth Rs […]

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MYSUN Founder and CEO Wins 11th Edition of ENERTIA Award

MYSUN’s Gagan Vermani was felicitated at the 11th edition of the Prakashmay ENERTIA Awards, 2017, which was held at the SCOPE Convention Centre. MYSUN Founder and CEO, Gagan Vermani has received the prestigious ‘Power and Energy Persona of the Decade – Innovative work in Decentralised & Distributed Solar’ ENERTIA Award. The award, which recognizes excellence in sustainable […]

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Gyanesh Chaudhary appointed as Chairman in Renewable Energy Storage Division of IEEMA

In his new role, Chaudhary will lead divisional work and activities benefiting the overall fraternity of the RE, storage and allied industry. Gyanesh Chaudhary, MD and CEO, Vikram Solar, one of the largest module manufacturers and solar EPC players was recently appointed as the Chairman of the Renewable Energy and Energy Storage Division of IEEMA […]

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EIB Invests $150m to Fund Clean Energy Projects in Peru

The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […]

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Rays Future Energy Executes 60MW of Capacity Under Open Access In India

Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […]

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GoodWe AC-Coupled Retrofit Inverter

Product Brief: GoodWe launched its new SBP series, which is claimed to be the world’s first AC-coupled retrofit solution with UPS function which allows energy storage and uninterruptible power supply to both single phase and three phase inverter systems. Product Feature: GoodWe SPB Series is a cost-efficient, battery backup solution which can work alongside any […]

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NEXTracker Announces Series of Energy Storage Systems

NEXTracker’s energy storage portfolio provides customers with configurable and intelligent solutions for new and retrofitted power plants and stand-alone applications. NEXTracker, a Flex company has announced NEXTracker Energy Storage Solutions, a portfolio of products that includes NX Drive and NX Flow. NX Drive is a standardized battery enclosure system for generation-plus-storage or stand-alone storage applications. […]

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Prabhuraj Ambli Appointed as ED and Exclusive Business Partner for the Karnataka Region by Ultimate Sun

He was also appointed as an advisor for the Cotton Advisory Board (CAB) for the Ministry of Textiles, Government of India, in 2010. Prabhuraj Ambli was recently appointed as Executive Director and exclusive business partner for the Karnataka region by Ultimate Sun Systems, renewable energy solutions pioneer and ISO 9001:2008 certified MNRE Channel Partner company. Having vast […]

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