Adani still looking for solar manufacturing partners

According to sources, the Adani Group has approached Japan’s Softbank and Foxconn, to secure an investment of $3 billion to make solar cells and solar panels in India. Earlier though, Adani had made a deal with the solar giant SunEdison for $4 billion for … Continue reading

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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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SunEdison Plans to Invest $15 Billion in India

SunEdison plans to invest USD $15 billion in India by 2022, a top executive said. “We believe much of the growth in renewable energy in the next 15 years will be from emerging markets, and much of it will be from India … Continue reading

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ACME Commissions 100 MW Solar PV Plant in Rajasthan

Solar power producer ACME on Wednesday announced the commissioning of 100 megawatts (MW) solar power plant in Rajasthan, thus fulfilling its commitment towards the National Solar Mission Phase-II. A total of 05 number (20 MW x 5) projects form the … Continue reading

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Maharashtra’s Renewable Energy Policy Is Approved

Maharashtra cabinet has approved its composite policy on renewable energy. They have set a target of achieving 14,400 MW of installed capacity in five years and attracting an investment of Rs one lakh crore. “Maharashtra cabinet approved new and renewable … Continue reading

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India to be Among Top 3 Solar Markets by 2017

It is the country’s biggest initiative to make the most of sunny days. Initiated as part of the National Action Plan on Climate Change, the Solar Mission has propelled the country to new heights as far as clean energy is … Continue reading

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SunEdison of US Likely to Cut India’s Biggest Green Power Deal

SunEdison, the largest renewable energy development company in the world by generation capacity, is negotiating with the promoters of Mumbai-based Continuum Wind Energy to buy them out. The move will significantly consolidate its India presence and, if the deal is … Continue reading

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India’s renewable energy mission gets praise from UK-based energy firm

An Indian-origin chief of a UK-based energy firm has said that India’s goal of 175GW of power from renewable energy sources is an achievable target. “The Indian government recently set an ambitious goal of adding 100 Gigawatt of solar capacity … Continue reading

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PTC may Invite Dollar Denominated Bids for Solar Power

Power trading company PTC India Ltd is planning to call for dollar based bids from solar project developers on behalf of the ministry of new and renewable energy (MNRE). This move comes in the wake of government’s plan to push solar electricity … Continue reading

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Policy on 100 GW solar power to be approved in few days: Minister

According to reports, the government is likely to approve in few days a final policy on adding 100 GW of solar power, as it targets energy generation of 175 GW from renewable sources by 2022. “Government has already approved 19 … Continue reading

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