Japan’s Foreign Aid Arm Plans to Fund Solar Parks in India

Japan’s foreign aid arm Japan International Cooperation Agency (JICA) plans to fund solar power parks in the country, giving a fillip to India’s green energy plan. Initially, JICA may invest $500 million in the proposed solar parks. Other institutions such … Continue reading

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Japan’s SoftBank to Invest about $20 Billion in Solar Projects in India

Japan’s SoftBank Corp, together with Bharti Enterprises and Taiwan’s Foxconn, will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country’s renewable energy sector. This news came after 2 … Continue reading

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Juwi begins work on 39MW plant in India

German renewables developer Juwi AG said today its Indian subsidiary is starting construction this month of a 39-MW ground-mounted utility-scale photovoltaic (PV) power plant in the southern state of Tamil Nadu. Juwi India Renewable Energies Pvt Ltd will be mounting … Continue reading

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Trina Solar Plans $500 million Plant in India

Trina Solar Ltd. will invest in a $500 million plant with India’s Welspun Energy Ltd. The 2-gigawatt facility will be in either the western state of Gujarat or southern state of Andhra Pradesh, Zhiguo Zhu, senior vice president of Trina … Continue reading

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100GW by 2022- Approved by Indian Cabinet, PSBs Commit Rs. 60,000 crore

Yesterday, Prime Minister Narendra Modi and the Indian Cabinet approved increasing the country’s solar target five times to a goal of reaching 100 GW, up from 20 GW, by 2022. The new solar capacity will be nearly split between residential and … Continue reading

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SunEdison Acquires Continuum Wind Energy

SunEdison, the largest renewable energy development company in the world by generation capacity, was involved in negotiations with the promoters of Mumbai-based Continuum Wind Energy to buy them out. SunEdison has now announced that it has signed a definitive agreement to … Continue reading

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India can Dominate the Global Solar Energy Market

When it comes to solar energy generation, India is fast catching up. Three Asian countries, India, China and Japan, are expected to dominate the global solar market in the years to come. China might add over 14 GW of energy … Continue reading

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Adani Group Investing Heavily in Indian Solar Sector

Adani Group is planning to build India’s largest solar power facility of 10,000 MW capacity in Rajasthan. The memorandum of understanding (MoU) for this project was signed with Government of Rajasthan earlier in the year. Read more about that here. “The joint … Continue reading

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Tata Group Invests Again in Solar Cell Manufacturer Flisom

Tata Industries Ltd has invested an additional 10 million Swiss francs ($10.67 million) in Flisom, a Swiss company developing solar power technologies. The Tata Group had invested 42.5 million Swiss francs in Flisom in 2013 for a plant with an … Continue reading

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Adani Group Sign 200 MW Solar PPA with Tamil Nadu

The Adani Group has signed a power purchase agreement (PPA) with the Tamil Nadu government to set up a 200MW solar power plant in Ramanathapuram at an investment of nearly Rs.1,400 crore, according to TANGEDCO officials. The group is also … Continue reading

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