Coal India tenders 100 MW solar projects in Chattisgarh
The projects—to be developed in ‘Capex’ mode—are part of the coal producer’s planned solar capacity of around 3 GW to emerge as a net zero energy company. Bidding closes on November 25.
U GRO Capital, Sunvest Capital to co-lend Rs 200 million to MSMEs for rooftop solar
The partnership will leverage the market intelligence of Sunvest and the tech-driven platform of U GRO in lending to MSMEs for rooftop solar.
Austrian company Aerocompact to make solar racking in India
The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.
Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
Siemens to impart skills in renewable energy and e-mobility
The ‘Skills for Sustainable Growth’ project will be implemented by Siemens in partnership with India’s Ministry of Skill Development and Entrepreneurship and German development agency GIZ.
Uttar Pradesh to tap state water bodies for solar power
Jal Shakti minister Mahendra Singh wants to achieve a win-win by wiping out his department’s Rs3,000 crore electricity bill and selling clean energy to the Ministry of Power. His solution involves ambitious plans for floating PV in Uttar Pradesh.
Tata Power, Rockefeller Foundation partner on microgrids
TP Renewable Microgrid—the joint venture of India’s integrated power company and the US-based impact investor—is said to become the world’s largest microgrid developer and operator with plans to set up 10,000 microgrids by 2026.
Now green urban mobility to get one billion euros boost from Germany
Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
France based IBS partners with ION Energy for Lithium battery pack manufacturing
The company aims to emerge as a global leader in battery pack manufacturing with plans to set up a manufacturing unit in India in 2020-21 and the USA.
Assam will begin producing quantum dots for solar cells in Q1 2020
Amtronics’ Tech City facility—constructed to a 75,000 sq.ft footprint—will use US firm Quantum Materials Corp’s technology to manufacture quantum dots and thin-film quantum dot solar cells.
