Greenko

Greenko Group to build 975-MW renewables complex in India

Hyderabad-based Greenko is one of India’s leading Renewable Energy companies, replacing fossil fuels with integrated decarbonized energy and grid assets enabling sustainable and affordable energy, with a net installed capacity of 7.5 GWdc across 15 States in India will build a 975-MW round-the-clock renewable energy complex in India for steel and mining giant ArcelorMittal SA,…

Development of Solar Parks and Ultra Mega Solar Power Projects

Development of Solar Parks and Ultra Mega Solar Power Projects

Objective: Solar power projects can be set up anywhere in the country, however the scattering of solar power projects leads to higher project cost per MW and higher transmission losses. Individual projects of smaller capacity incur significant expenses in site development, drawing separate transmission lines to nearest substation, procuring water and in creation of other…

Ministry of Power Recommends Uniform Slab of 5% GST on all Renewable Energy Components

The Ministry of Power (MoP) informed that it would be writing to the Department of Revenue recommending a uniform slab of 5% goods and services tax (GST) on all renewable energy components nationwide. In this regard, MoP, during a meeting under the Chairpersonship of CEA, had requested renewable energy associations and developers to furnish the…

Top Utility-Scale Solar Developers in First Half of 2020: Hero, SB Energy, Aditya Birla

Hero Future Energies, SB Energy and Aditya Birla emerged as the top utility-scale solar project developers in India in terms of installed capacity in the first half (1H) of the calendar year (CY) 2020, according to recently released report India Solar Market Leaderboard 1H 2020. Together, these three solar developers accounted for nearly 64% of…

Q CELLS buys 429 MW of Additional Solar Project rights in Spain

Solar products company Q CELLS, which has dual headquarters in South Korea and Germany, has acquired the project development rights for a 429-MWp solar portfolio in Spain from Madrid-based developer RIC Energy. Q CELLS announced the move today after its downstream business unit had signed the asset purchase deal on September 18. The transaction concerns…

jinkosolar_pv-solar-chronicle

JinkoSolar agree to buy 100,000 tonnes of poly-Si from Tongwei

Chinese solar module maker JinkoSolar Holding Co Ltd and its unit Sichuan Jinko have signed an agreement to procure nearly 100,000 metric tonnes of polycrystalline silicon (poly-Si). JinkoSolar said that the companies have entered into a long-term purchase agreement with second-tier subsidiaries of Tongwei Co Ltd to secure a stable supply of poly-Si in line…

Fund-to-boost-solar-power-chronicle

Fund to boost African Off-grid Solar Power Companies

Triple Jump, an Amsterdam based impact-focused investment manager, will act as portfolio manager and Persistent, a Zurich based venture and private equity firm with expertise in the off-grid sector, will serve as investment advisor to the fund. Enclude, a Palladium company, advised on the structuring and execution of the fund. The fund is designed to…