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FMO to invest more in Shell-backed solar power firm Orb Energy

December 6, 2019 Anand Gupta

Dutch development bank FMO has proposed an additional equity investment of €1 million ($1.11 million or Rs 7.91 crore) in Orb Energy Pte. Ltd, a solar photovoltaic and solar thermal solutions provider. FMO said in a disclosure it intends to purchase the equity stake from an early-stage impact investor in Orb. This will give FMO […]

Featured

Measures to Increase Solar Energy Generation

December 4, 2019 Anand Gupta

The Government have taken, inter alia, following steps to increase solar energy generation in the country: (i) Announcement of a target of installing 100 GW of solar energy capacity by December, 2022. (ii) Waiver of Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar power for projects to be commissioned up […]

Rooftop

TNWS imparts awareness on usage of solar energy

November 19, 2019 Anand Gupta

JAMMU : To impart awareness on using solar energy in place of conventional electricity and other sources of energy, Trikuta Nagar Welfare Society (TNWS), under the leadership of its President, Rajinder P Kakkar organised a workshop ‘Let the Sun pay your electricity bills’ on Monday in its office premises. Akhil Sharma, Project Engineer of First […]

India

Sitharaman directs NABARD to help J&K, Ladakh increase farm produce, utilise solar energy

November 14, 2019 Anand Gupta

While stressing on the need to exploit solar energy in the high altitude deserts of Ladakh, Finance Minister Nirmala Sitharaman said: “I have requested Chairman of NABARD to visit Jammu and Kashmir so that NABARD can support the farmers there.” Union Finance Minister Nirmala Sitharaman Tuesday directed the National Bank for Agriculture and Rural Development […]

Middle East & Africa

Egypt: EDF will provide $25 million to solar energy supplier KarmSolar

November 13, 2019 Anand Gupta

The company Électricité de France (EDF) is about to obtain an agreement to acquire an equity stake in the Egyptian company KarmSolar by investing 25 million dollars. The arrival of the French giant is expected before the end of 2019. According to Egyptian press reports, the giant Electricité de France (EDF) is one of the […]

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CDPQ to invest $75 mn more in Azure Power

November 13, 2019 Anand Gupta

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) plans to invest an additional $75 million in Indian solar power developer Azure Power Global Ltd. CDPQ’s stake in Azure Power will increase from 41.4% to 49.4% after the investment, the pension fund said in a statement. The transaction is subject to the approval […]

Rooftop

Kochi Jawaharlal Nehru stadium set to be powered by solar energy

November 12, 2019 Anand Gupta

The JLN stadium in Kochi will be the third in India to be solar-powered The Greater Cochin Development Authority (GCDA), as per its green city plans, has proposed to install solar panels in Jawaharlal Nehru Stadium in Kochi. Green city is part of the larger Kochi economic city project. Once the proposal goes ahead, the […]

Electric Vehicles

Vatavaran Foundation Files Online Petition Demanding BEST Buses Running On Solar Energy

November 9, 2019 Anand Gupta

The foundation stated that the demand has risen to avoid a situation similar to the people in Delhi are facing due to air pollution Over the last few months, the Brihanmumbai Electric Supply and Transport (BEST) has been making relentless efforts to become an efficient mode of public transport and as a result, it has […]

Rooftop

JLN Stadium all set to join green brigade by going solar

November 8, 2019 Anand Gupta

It will thus become the country’s third solar-powered stadium after Brabourne in Mumbai and M Chinnaswamy Stadium in Bengaluru It will thus become the country’s third solar-powered stadium after Brabo KOCHI : If all goes as per plan, Jawaharlal Nehru International Stadium (JNIS) in Kochi will be the third solar-powered stadium in the country after […]

Featured

‘Signing RCEP will mean no duties on solar products’

November 5, 2019 Anand Gupta

Amit Gupta, director of legal and corporate affairs, Vikram Solar, talks to Down To Earth about the solar industry’s perspective on India joining the Regional Comprehensive Economic Partnership As Prime Minister Narendra Modi prepares to sign the Regional Comprehensive Economic Partnership (RCEP), Down To Earth spoke to Amit Gupta, director of legal and corporate affairs, […]

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