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Energy
French Utility Engie May Buy Out Equis Energy India Assets
Indian media outlets have reported a new development on the market buzz that Equis Energy, a renewable energy IPP in India, is looking to sell its assets. Business daily Mint has reported that French utility Engie may be looking to…
Indian Wind Tender 3X Oversubscribed, New Record Low Tariff Expected
The Solar Energy Corporation of India (SECI), responsible for conducting wind energy auctions in India, has seen a tremendous response to the latest 1 gigawatt tender. According to media reports, project developers have placed bids to set up a total…
Indian Rooftop Solar Developer CleanMax Will Receive $100 Million Investment From Warburg Pincus
In a major, and much-needed, boost for the Indian rooftop solar power market, a US-based private equity firm will invest $100 million in one of the leading rooftop solar developers in India. CleanMax Solar recently announced that it will receive…
The Rising Price Of Chinese Modules Could Jeopardize New Indian Solar Plants
As top executives of some of the leading Indian and international project developers slugged it out for more than 24 hours at a stretch in May of this year to outbid one another in some the fiercest of competitive solar…
Tamil Nadu, India, Generates Record Wind Power, Is Forced To Shut Down Thermal Plants
The monsoon season in India brings with it very high wind speeds, especially in the southern part of country. This year it has enabled record wind power generation in at least one of the states. Tamil Nadu reported the highest-ever…
IRAN: The Largest Solar Power Plant Opened
The newly opened Mokran Solar Power Plants Complex is the latest proof of Iran’s ambitions in renewable energy. The country’s biggest solar plant was constructed in the eastern province of Kerman in six months and has a capacity of 20…
Mumbai Temple to Reduce Annual Power Bills by Rs8 Lakh Using Solar Energy
A 190-year-old Jain temple at Byculla is the latest addition to the growing list of religious and educational institutions and housing societies, who are harnessing solar energy for an eco-friendly future. Sheth Motisha Jain Temple, spread across two acres, installed…