Mumbai: Mint brings you your dose of the top deals news, reported from newsrooms across the country. Mahindra in final lap to sell solar portfolio Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, Mint reportedciting Read more…
ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital through sale Read more…
NEW DELHI : In what may impact India’s emerging green economy, rating agency ICRA has downgraded around 1.9 gigawatts (GW) of wind and solar power projects in its rated portfolio and has also revised the rating outlook for some projects. This comes in the backdrop of India’s clean energy sector going Read more…
It is a well-known fact that China’s solar sector is highly subsidized. This was the official reason for US President Donald Trump’s announcement of a 30% tariff on imported solar equipment in January as Chinese solar companies undercut US solar manufacturers. The Narendra Modi government is walking down the same Read more…
The International Solar Alliance (ISA) has achieved global disruption by bringing down the cost of solar-powered agricultural pumps by half, according to three people aware of the development. India’s state-run Energy Efficiency Services Ltd (EESL) conducted the largest global price discovery exercise by aggregating the demand from 22 ISA member nations, in Read more…
Mumbai: Trina Solar, a leading Chinese manufacturer of solar modules and photovoltaic cells, is keen to invest in solar power projects in India, as part of a wider play to drum up market interest for its own modules. The company intends to invest in under-construction solar power projects and is eyeing Read more…
The Essel Group, which needs to sell a host of assets to stave off loan defaults, is in talks with the Adani group to sell its remaining solar energy portfolio, said two people close to the development. Essel is rushing to complete its unfinished solar power projects of 480 megawatts (MW) to Read more…
New Delhi: Prime Minister Narendra Modiwill gift ‘Gandhi Solar Park’ to the United Nations when he attends the Climate Action Summit 2019 in New York, during his week long visit to the US. The 50 kilowatt hour (kWh) roof-top solar park has 193 solar panels—each representing a member of the multilateral body. The $1 Read more…
New Delhi: India has extended a deadline to submit bids for building solar power equipment factories in the South Asian nation, in another delay to its efforts to boost its nascent domestic manufacturing capacity. The new deadline to submit bids for the tender is 11 September , Solar Energy Corp. of Read more…
New Delhi: To address the issue of land availability for clean energy projects, India will set up solar and wind projects on fallow land along its international border with Pakistan, according to a top government official. The idea was first mooted by Prime Minister Narendra Modi and will help tackle the problem of Read more…