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Photovoltaic Solar hosted a festive New Year Party at Renaissance Ahmedabad Hotel in Gujarat, “Jewel of Western India”. Wonderful entertainments and prizes had been prepared for the attendees. Growatt was so pleased to join with EPC contractors and project developers from across the region for the event to celebrate the coming 2019.

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As part of the journey to attract talent and empower the young generation, Sungrow, the global leading inverter supplier for renewables, conducted a series of “Solar Inverter Technical” CSR workshops in India, which are aimed to provide a platform for the students to share creative insights towards PV system solutions, and increased their employability in the renewable energy industry.

CSR Of Sungrow Building Futures For Indias Young Generation

The latest workshop in Indian Institute of Technology, Bombay

With the share of renewable energy in the overall generation mix rising across India, there are 300,000 job openings in the solar sector for achieving its target of commissioning 175GW of renewable energy by 2020. However, the lack of employees’ trained with techniques and skills is an existing gap and ongoing challenge within India’s workforce. This gap is increasingly recognized as a barrier to realize the country’s renewable energy target.

Knowledge sharing and talent development are among the verticals of Sungrow’s CSR program. The main objective of this technical workshop is to enhance the employability of the college students by giving them a complete overview of all trends, developments and technology innovations of renewable energy, and impart our latest inverter technologies through a comprehensive curriculum comprising theoretical knowledge and hands-on experience in solar industry.

For over two decades, Sungrow has committed to ensuring the highest standards of social responsibility by building PV power plants, libraries and providing scholarships to a collection of schools, which brings a positive change in society and drives sustained benefit for the Company’s business.

“We are pleased with the enthusiasm and interest from the students and see this as a way of help them to gain the knowledge and skills to contribute professionally to renewable-energy industry." commented Yukun Hu, Country Manager of Sungrow India. "Sungrow will continuously fulfill corporate social responsibility to achieve a clean energy sustainable future for India.”

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Intersolar India 2018, the last biggest solar event of the year in India kicked off on 11 December. Indian economy is growing very fast and so is India’s solar industry. India’s solar installed capacity is expected to reach over 28 GW by end of 2018 according to statistics.

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The Intersolar India Exhibition was held in Bangalore International Exhibition Centre on 11-13 December 2018.Sofarsolar,one of the world's largest solar inverter and hybrid inverter companies in China showed its top selling products and the latest inverters in this exhibition, which attracts the attention of many Indian customers. At the same time,Sofarsolar won the award named “Solar consumer choice brand awards 2018”.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 1

The Indian market is not new to Sofarsolar. In 2016, Sofarsolar branch was established. Since then, Sofarsolar has kept the high position in India solar inverter market.Now all products are widely used through ground, industrial, and commercial power stations, which have been immensely well-received by Indian customers.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 2

During the exhibition,Sofarsolar was voted as the most preferred choice by consumers,won the award named “Solar consumer choice brand awards 2018”. Why is sofarsolar widely recognized in the Indian market?

Vice President of Sofarsolar, David Zhong, has released comments stating that we try to do two issues in the Indian market, one is to do a good products, the other is to do a good service. During these years, Sofarsolar has put quality and service as the most important criteria in the design, production and daily operations.

Sofarsolar Attended Inter Solar India Exhibition And Inverters Were Preferred Choice By Indian Consumers Image 3

With the continuous growth of the power demand and cost throughout India, the country has been focusing on accelerating their transition to renewable energy sources. Sofarsolar will seize the market development opportunity, launch more solar inverters suitable for market demand, deepen services, further expand the Indian market, and increase the share of Indian market.

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Keeping in view our commitment to a healthy planet and our Nationally Determined Contributions as per the Paris Accord on Climate Change, India made a pledge that by 2030, 40% of installed power generation capacity shall be based on clean sources, it was determined that 175 GW of renewable energy capacity will be installed by 2022.

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Azure Power, one of India’s leading independent solar power producers, announced that effective November 29, 2018, its compensation committee changed the exercise price of stock options for 692,507 equity shares, par value US$0.000625 each, of the Company, which were previously awarded to certain officers, employees and directors under the Company’s 2016 Equity Incentive Plan, as amended in 2017.

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Cleantech Week India 2018
Bangalore, Pune, Mumbai – 10 to 14 December 2018
Pioneers of the Swiss innovation ecosystem explore the market, and engage with key stakeholders from India’s booming energy sector.

Cleantech Week India 2018 aims to showcase the best of Swiss innovative excellence in the renewable energy sector. With 16 representatives from the energy sector including researchers, startups and entrepreneurs, the Cleantech Week brings the pioneers of the clean energy initiative from Switzerland to one of the fastest growing energy markets, India.
Through one-on-one visits with key industry players, sessions by sector experts, B2B meetings, and a renewable energy conference with the largest gathering of energy experts; we look forward to building a strong network of professionals within this domain and showcasing Swiss excellence in renewable energy.
The visiting energy professionals are operative in the fields of energy storage, energy efficiency, mobility, and Photovoltaics. Meet the Swiss energy experts in –
Bangalore, December 10th, 2018
or visit the Swiss Pavilion at Intersolar conference on December 11th & 12th, 2018
Pune, December 13th, 2018
Mumbai, December 14th, 2018

As part of the Cleantech Week India 2018, swissnex India is hosting a Pitch Session ‘Energizing a Green Future’ on 10th December 2018 at swissnex India at 6 pm. The pitch session and discussion by Swiss representatives from energy sector is about bringing together the renewable energy solutions from both countries. The session will include interesting pitches on clean energy, followed by a networking dinner.

India's Infrastructure Leasing & Financial Services Ltd (IL&FS) said on Wednesday that it has launched a process to assess the interest of third parties in the company’s renewable energy businesses.

"As stated in the said report, it is the objective of the Board to achieve, by one or more plan(s), the resolution of the IL&FS group through certain measures, including asset divestment," the statement said.

 

The stake sale may be executed as a basket, or individually, or in any combination thereof, the company said in a statement.


IL&FS is looking to sell controlling stakes in an 873.5-MW operating wind park portfolio and 104 MW of under-construction wind farms as well as businesses that offer asset management and project development services. Also, it seeks to sell stakes in the business engaged in the development of solar projects, including 300 MW of photovoltaic solar projects.


It has hired Arpwood Capital Pvt Ltd and JM Financial Ltd as financial and transaction advisors, while Alvarez & Marsal will act as resolution consultants.

Private equity firm Actis LLP has reached an agreement to acquire the solar power portfolio of Indian company Essel Infraprojects Ltd, which includes 685 MW of installed capacity and under-construction projects, Mint has reported.


The deal may be formally announced by December-end, the report said.


Earlier this year, Essel Infra, part of media mogul Subhash Chandra’s Essel Group, had put its solar assets on sale and since then it has been negotiating with potential buyers.


Essel has a total portfolio of 23 projects, under various stages of development, with nearly 310 MW of operational solar power facilities, which it had bid for under the National Solar Mission and state government auctions, and another 375 MW capacity under construction.


The newspaper quoted two sources as saying that Actis has agreed to pay between INR 5500 cr (USD 788m/EUR 692m) and INR 60 cr for the solar assets. One of them has told Mint that a formal deal will be announced by the end of December.


The assets that are being sold have power purchase agreements (PPAs) with tariffs as high as INR 8 per kWh, while the average amounts to INR 5.50/kWh, according to one of the people.

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