One of India’s biggest integrated power companies, Tata Power, is partnering with the state-run Russian Direct Investment Fund (RDIF) to invest a total of $1 billion into various solar/renewable energy projects to be developed across Russia, according to recent reports. Tata Power, will be responsible for half of that investment … [continued]
Close on the heels of announcing Ultra Mega Solar Power projects of 21,000 MW, The Cabinet Committee on Economic Affairs (India) has approved another scheme for installation of 1,000 MW of grid-connected solar power projects by Public Sector Undertakings (PSU) and government organisations. This capacity is planned to come up during 2015–2018, and will … [continued]
With the Indian government’s plan to mandate use of domestically manufactured solar power equipment, Indian companies are now planning long-term investments in the manufacturing sector. Rolta Power is looking to partner with a Chinese technology provider to set up a solar cell manufacturing facility. The initial capacity of the facility … [continued]
India has managed to generate $2.85 billion in revenue from clean energy cess (taxes) it had introduced in 2010, essentially a coal tax. India’s plans to significantly boost renewable energy infrastructure over the next few years has got a shot in the arm as the government recently announced that it … [continued]
Global solar technology manufacturing company and developer SunEdison has announced that it will benefit from a $175 million solar energy development fund, funded by a unit of JPMorgan Chase & Co. and TerraForm Power. According to the press release, JPM Capital Corporation will invest up to $75 million into the solar energy … [continued]
Global funds for India’s aggressive plan to install “ultra mega solar power plants” have begun to flow with the World Bank ready to support a 750 MW power plant, which is likely to become the largest solar power plant in the world. The project would require a total investment of about … [continued]
An IBM data center in India plans to cut is greenhouse gas emissions by 40% using solar power and water cooling for air conditioning. The Bengaluru-based data center uses a 50 kW solar photovoltaic system that provides electricity to the data servers. The DC power generated by the solar panels … [continued]
Renewable energy companies in India are looking to take full advantage of the improved investment and regulatory environment and are planning significant expansion in operations. India’s largest and the world’s fifth-largest wind turbine maker, Suzlon Energy, has announced plans to enter the solar power sector and install several power projects … [continued]
A finance policy tweak in Karnataka could unlock the India solar energy market, help the country decarbonize, and cut energy poverty for millions.
After a long absence after its recent acquisition at the hands of IHS, Solarbuzz has reappeared with its latest Asia Pacific Major PV Markets Quarterly report, forecasting the Asia Pacific region to reach the 10 GW mark for the first time in this last quarter of 2014. Annual solar demand in the Asia … [continued]
