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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Solar panels can get cheaper and environment-friendly

Magnesium chloride used in making Tofu and bath salts can be used to replace the highly toxic and expensive substance, Cadmium chloride a University study published in the journal Nature has revealed. Cadmium chloride is currently a key ingredient in solar cell technology … Continue reading

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Solar projects may be scrapped by states of India due to import duties

Imposition of duties on solar equipment imports have caused a threat to almost 3500 MW of planned and contracted projects, ACME has stated. State governments in Punjab, Uttar Pradesh and Tamil Nadu alone could cancel agreements for 1,500 megawatts of … Continue reading

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Major relief to solar power players in Punjab

Solar power players willing to invest in Punjab, gets major relief from Govt. in terms of leasing out vacant panchayat land to the developers. Last year in the month of July Punjab Govt. allocated 250 Mw of solar projects to … Continue reading

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Hindustan Powerprojects plans for Initial public offering in its solar unit

Hindustan Powerprojects Pvt. Ltd. (HPPPL), formerly known as Moser Baer Projects Pvt. Ltd, plans for the initial public offering (IPO) for its solar units,  as it prepares to double the investment in solar photo-voltaic projects to $2 billion by 2016. Backed … Continue reading

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GE Energy to fund $24 million for Welspun’s solar power project

GE Energy Financial Services announced the partnership with Welspun Renewable Energy with a funding of $24 Million to set up a 151MW solar photo-voltaic power plant in India. Read more here.

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A boosting plan by India to award 1GW solar permits by 2015

The new planned capacity is about 30% more than the original targets, and is about half the amount that has been built so far. India plans to set up 100MW of solar thermal power plants and the rest will be … Continue reading

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NTPC Boosts its solar power capacity to 75 MW

By recently completing a project of 10 MW in the state of Odisha, India’s largest electricity generator, NTPC boosts its capacity to 75 MW. According to Company officials, three new plants comprising 45 MW of capacity are ready for commercial … Continue reading

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Bosch completes 5MW solar plant in Tamil Nadu

Bosch group has built a 5MW solar PV power plant for Sri Vinayaga Green Power Generation Pvt., which will sell about 7.6 million kWh in one year to third party power consumers. Read more here.

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French developer EDF commissions its first project in India

French developer EDF Energies Nouvelles is commissioning 30 MW solar project in Madhya Pradesh, the first of its kind in India. EDF Energies Nouvelles also has 5 projects with the combined capacity of 120 MW in Rajasthan, which are to … Continue reading

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