Greenko and Hero future Energies competing to acquire Orange Renewable Energies
Greenko and Hero future energies are in talks with AT capital group for acquiring Orange Renewables’ portfolio of 758 MW of solar.
Interview: Uninterrupted cell production helps fast-track Indian solar manufacturing
Maximilian Germann, head of sales at German stringer experts M10 Industries, explains to pv magazine about the benefits of uninterrupted cell production from a cost and quality perspective, and how Indian solar companies are beginning to put long-term opex ahead of short-term capex concerns.
International Solar Alliance at COP23: Welcoming the reign of the Sun
One of the sessions at CoP23 has served as the Curtain Raiser for the ISA’s upcoming founding ceremony. It has featured presentations on ISA programs and the Common Risk Mitigation Mechanisms (CRMM) report, as well as a panel discussion on the global effort to accelerate solar energy deployment.
KREDL retenders 200 MW Pavagada Solar Park
The Karnataka renewable energy development limited (KREDL) has reissued the tender for Pavagada 200 MW solar park that was withdrawn in August 2017.
Azure Power to electrify villages through Mini and Micro Grids
Azure Power’s new initiative Azure M-Power has won a project to electrify 320 households across 11 villages in Jharkhand through development of mini and micro grids.
EESL India owned EPAL partnered with Leclanché to invest $12 million into first utility-scale storage project in Canada
The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.
Azure Power announces results for fiscal second quarter 2018
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
MYSUN use Solar to fight against Delhi’s pollution
MYSUN will wave off all the processing fees for customers for a limited time. First EMI will also be waived off under the MYSUN-Flexi Pay scheme. Going solar is a proactive way of dealing with air pollution, and making Delhi/NCR clean again.
ABB to supply inverters for Solar charging stations for E-Rickshaws
Three wheeled auto rickshaws that still operate in large numbers as a mode of transport in India are going E-Way. A solar charging station scheme in the city of Jabalpur, Rajasthan will help to reduce charging costs by 25%.
L&T Infotech and GE Digital as IIC members will deploy the Digital Testbed at solar plant in Rajasthan
The Digital Solar Plant Testbed evaluates solutions to accurately predict energy generation, improve utilization and reduce maintenance costs. IIC has estimated that 30% reduction in O&M expenses with the help of accurate forecasting will save around $15 million/year for utilities managers.
