Aiming to reduce its carbon footprint, the Indian Navy has set a target of producing 21 MW of solar power and is also looking at tapping the energy of oceans for power generation.
French firm EDF Energies Nouvelles and Luxembourg-based EREN Renewable Energy may exit Acme Solar , their joint venture in India with Acme ACleantech Solutions. EDF and EREN are parting ways with Acme.
ACME Cleantech Solutions Pvt. Ltd, Waaree Energies, L&T ECC, Anchor Electricals Pvt Ltd, Jinko Solar are among the 31 leading solar sector companies which bagged awards at India Solar Week Excellence Awards 2016.
Government has put in place a centralised facility which will enable consumers to apply online for installation of solar rooftops on their premises. We have provided for an online facility where consumers can apply for solar rooftops based on requirements and space available with them.
Tata Power Delhi Distribution Ltd has won the 'Solar Utility of the Year Award' at the Indian Solar Week 2016.
PLG Clean Energy Projects is a Renewable Independent Power Producer (RE-IPP).
CLP India Pvt. Ltd, one of the largest foreign investors in India’s power sector, is looking to enter the solar energy sector as part of the parent’s push to increase the share of renewables in its portfolio.
JNPT , the country's biggest container cargo handling port , will be meeting its power requirements from 25MW project, estimated to cost around Rs170 crore, has the potential to meet nearly 55% of the port's requirement.
Hong Kong's CLP Group, the largest overseas investor in power in India, wants a piece of the country's solar energy action. CLP (formerly China Light & Power), is finalising its solar debut through an acquisition. It's local arm is in advanced negotiations to buy stakes in a 100 MW solar park project in Telengana from Suzlon Energy.
Axis Bank Ltd of India last week issued, through a unit based in Dubai, a USD-500-million (EUR 449m) green bond maturing in 2021.The proceeds will go to finance and refinance “high quality green assets”, including wind, solar, low carbon buildings and low carbon transport, the Climate Bonds Initiative (CBI) said.
German auto major Daimler has increased the solar energy capacity at its Chennai plant to 3.3 MW that would address the "one-fourth of the average daytime power" need for the facility.
Solar cell maker Indosolar Ltd has reported a loss of Rs 29.77 crore for the March quarter. The company had posted a net profit of Rs 80.91 lakh in the quarter ended on March 31, 2015. The solar industry has witnessed turmoil owing to significant downturn in global market due to structural over supply situation.
Fourth Partner Energy, a full services Renewable Energy Services Company (RESCO), announced the commissioning of its 90 kWp rooftop solar installation at the Scope Complex in New Delhi. The formal inauguration was done by Mr U.D.Choubey, Director General, SCOPE.