ACME Cleantech plans 2-3 GWh lithium-ion battery manufacturing by 2020
Clean energy solution provider ACME Cleantech is planning to expand its current li-ion production capacity of 350 MWh to as much as 3 GWh by 2020. The company has also designed a charging plus swapping station for li-ion batteries to provide clean transport solutions.
Siemens Gamesa bags two Indian solar projects with combined 160 MW capacity
The renewable energy developer will build a 100 MW solar farm in India’s Tamil Nadu for a major utility, and an additional 60 MW solar plant in Karnataka for an independent power producer.
Think Energy, EverStream joint venture confirms 55 MW Karnataka project
The KREDL tender for a 55 MW solar project was won by a joint venture between Think Energy and EverStream Capital Management. The JV has also won 23.39 MW of rooftop capacity under a SECI auction.
Tamil Nadu can reach 13.8 GW solar by 2027, finds IEEFA
The Institute for Energy Economics and Financial Analysis (IEEFA) has stated that Tamil Nadu is India’s national model for low-cost renewable electricity generation. It finds that the state has the capability to increase its solar capacity six-fold in the next 10 years.
Shapoorji Pallonji group has put its entire solar portfolio on the market
Credit Suisse, a swiss financial services firm, is appointed as an advisor for the deal, and the total value of the transaction is estimated at around $180 million.
Andhra Pradesh releases status of renewable energy installations
Solar tops the installation list in 2017-18 with 264 MW of capacity commissioned to surpass wind for the period. Wind power remains leading renewable resource, as of January 31, 2018.
Mahindra Susten commissions 2.2 MW rooftop plant in Rajasthan
One of India’s leading solar EPC companies, Mahindra Susten has commissioned a 2.2 MW rooftop solar PV plant for a textile factory in Bhawanimandi, Rajasthan. The company claims it is the largest rooftop plant in the desert state.
Government probes anti-dumping imports of solar glass from Malaysia
Following a complaint from Indian glass specialist Gujarat Borosil ltd, the government has initiated an anti-dumping probe for the imports of solar glass.
India to develop 60 solar cities
MNRE has sanctioned around $1 billion for the development of 60 solar cities in India. The government has also conferred the development of 52 green campuses.
New budget brings path-breaking change for farmers
Budget 2018-19 has been watched with a lot of expectations and addressed three critical issues, agricultural distress being foremost, followed by employment opportunities for youth, and ways to kickstart manufacturing with large-scale private investments. ‘Saubhagya’ is one of the powerful tools that was at the top of the budget’s agenda, which Prime Minister Modi launched […]
