Mahindra Susten has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy sector, the Mahindra Group firm will continue to hold 51 per cent stake in Marvel Solren Private Ltd, with Mitsui holding the balance equity, […]
Cochin International Airport’s solar power project may soon be incorporated by International Solar Alliance (ISA) as success model for similar projects around the world. This will be part of ISA’s initiative to find out suitable models to be incorporated to achieve its plan of mass deployment of solar energy by 2030. According to reports delegation […]
Solar power tenders floated in November last year by the state power utility Tangedco is still grappling to get bidders. It is that first time that Tangedco solar tender has faced such response. The base tariff for solar tender was Rs 3 a unit. TOI citing sources reports that Tangedco’s poor financial health is one […]
SECI Monday again extended deadline for submitting bids for another renewable energy project as some of the queries of bidders have not been addressed yet. The last date for submission of the bids for setting up 97.5 MWP (megawatt peak) grid connected rooftop solar PV system was April 30, 2019, Solar Energy Corporation of India […]
JinkoSolar has supplied 100MW of its high efficient solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of the Vietnam’s largest solar power projects. The project is located in Buon Don district in the Central Highlands province of Dak Lak. Construction began in October 2018 with commercial operations beginning in January 2019. A total of […]
Waaree Energies, India’s one of the leading EPC player and solar PV manufacturer announced its foray into the standalone solar solutions segment with Off-Grid Inverters. With an aim to substantially reduce dependency on the electrical grid, the solar inverters are available in capacities ranging from of 375 VA to 10 KW across a wide scale of […]
ICRA on Tuesday said that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as per an […]
CleanMax Solar has announced that it has raised Rs 275 crore in equity funding from UK Climate Investments LLP (UKCI). UKCI is a joint venture between the Green Investment Group and the UK Government’s Department for Business, Energy and Industrial Strategy and is managed by Macquarie Infrastructure and Real Assets. UKCI is a £200 million […]
The Income Tax (IT) department has detected tax evasion of more than Rs 1,350 crore during search and seizure operations conducted against Hindustan Powerprojects, a company owned by the nephew of Madhya Pradesh chief minister Kamal Nath, sources said. The Central Board of Direct Taxes (CBDT) Monday said raids were conducted earlier this month at […]
China has reportedly approved construction of 3,961 village solar power plants with a total capacity of 1.67 GW. According to China energy regulator the construction of solar power plant has been approved under a programme aimed at alleviating rural poverty and promoting clean energy. The Reuters citing a notice issues by the National Energy Administration, […]
