Investment in Solar market of India

As recently as a few months ago, the alternative energy targets announced by Indian prime minister Narendra Modi’s government in 2014 seemed wildly overambitious — even to solar electricity enthusiasts in the industry. But a surge of investment in solar … Continue reading

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SunEdison to invest $2 billion in solar, looks for Indian partner

Indian government launched “Make in India” initiative earlier this year and backing this initiative, the US-based renewables major SunEdison Inc is looking to invest up to $2 billion (Rs 13,200 crore) in the next one year in a polysilicon manufacturing facility … Continue reading

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SunEdison to sell 425 MW of solar projects to ‘yieldco’

SunEdison Inc., a US Solar company, is set to sell solar projects in India with generating capacity of 425MW to its “yieldco” TerraForm Global Inc for $231 million. SunEdison is currently heavily indebted now plans that it would stop selling … Continue reading

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500MW of NSM bids closed by SunEdison at 4.63Rs/kWh

SunEdison, a U.S. based company, won the NSM bids to sell solar power in India at a record low tariff of Rs 4.63/kWh. This would boost the renewable sources of energy at a time when Prime Minister Narendra Modi is pushing … Continue reading

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1MW Canal Top System on Krishna River by SunEdison

SunEdison Inc., announced the completion of a 1-megawatt  DC canal top solar power plant built for Krishna Bhagya Jala Nigam Ltd (KBJNL), the Karnataka government agency responsible for the Krishna River and Dam. Pashupathy Gopalan, President of SunEdison Asia-Pacific said: … 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’s Global Academy of Technology Installs Imergy Flow Battery

Imergy Power Systems has installed a 30 kilowatt (kW), 120 kilowatt hour (kWh) ESP30 vanadium flow battery at Global Academy of Technology’s SunEdison-GAT solar research and testing center in Bangalore. Global Academy of Technology (GAT) is an engineering education institution in Bangalore, … 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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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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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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