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Home2017January

Month: January 2017

Companies

Virtuaal Infrapower: Committed to small-hydro development despite its challenges

January 6, 2017

While many companies have been jumping onto the solar bandwagon to earn high returns and position themselves as socially conscious enterprises, Virtuaal Infrapower, a Dehradun-based infrastructure company with a background in the retail industry, has […]

Companies

“Huge opportunity in wind-solar hybrids”: Views of Suzlon Group’s Tulsi Tanti

January 6, 2017

Wind turbine maker Suzlon Energy has taken several transformational steps in line with its strategic vision, paving the way for its future growth. In an interview with Renewable Watch, Tulsi Tanti, chairman and managing director, […]

Companies

Cleantech Priority: Need to promote innovation and entrepreneurship

January 6, 2017

As global markets transform rapidly, various non-traditional markets are opening up, bringing new products, services and business models. These changes, which have been largely driven by the opportunities arising from the challenges of rapid urbanisation, […]

Solar Power

Lending Reliability: Innovations in connectors, cables and junction boxes

January 6, 2017

Renewable energy systems comprise a large number of electrical connections and hence are vulnerable to energy losses at the contact points. In order to minimise these losses, long-lasting and secure cable connections with low contact […]

Wind Power

Efficient Engineering: Recent trends in EPC contracting

January 6, 2017

In the past few years, engineering, procurement and construction (EPC) contracting has emerged as the most preferred option for renewable energy developers as it passes the majority of the design, development and construction risks to […]

Solar Power

Transmission Imperative: Powergrid releases report on grid integration of ultra mega solar power parks

January 6, 2017

The government has increased its focus on promoting energy sustainability and increasing energy access through clean, cheap and reliable sources. To this end, it has set a target of developing 175 GW of renewable energy […]

Finance

Impact Assessment: GST to increase the cost of renewable energy projects

January 6, 2017

The goods and services tax (GST), which will subsume all indirect taxes and integrate the country into a single market, is arguably the biggest tax reform to be taken since Independence. Under GST, credits of […]

Finance

Exciting Times Ahead: Emerging trends in the renewables space

January 6, 2017

The renewable energy sector in India has been in the limelight for the sheer volume of activities taking place in this space in the past two years. The co-untry is working towards meeting the government’s […]

No Picture
Financings

Suzlon to raise Rs 8 billion in private equity investments

January 1, 2017

Suzlon Energy is reportedly planning to raise Rs 8 billion from private equity investors, Asia Climate Partners and Olympus Capital Asia, to create an independent renewable energy platform. Talks are reportedly at an advanced stage […]

No Picture
Financings

TEEC sells 33 MW of its wind portfolio for Rs 1.65 billion

January 1, 2017

Techno Electric & Engineering Company has sold 33 MW of its wind power assets in Tamil Nadu for Rs 1.65 billion. Post this transaction, Techno Electric’s wind power portfolio has come down to 12 MW. […]

No Picture
Financings

Hero Future Energies gets an investment of $125 million from IFC

January 1, 2017

Hero Future Energies has raised $125 million in equity infusion from the International Finance Corporation (IFC), the private sector investment arm of the World Bank, and the IFC Global Infrastructure Fund. The proceeds from the […]

No Picture
Projects

Gujarat government signs MoU for India’s first offshore wind farm

January 1, 2017

The Gujarat government has reportedly signed an MoU with Samiran Udaipur Windfarms for setting up the country’s first offshore wind farm. The 500 MW project, estimated to cost Rs 65 billion, will come up in […]

No Picture
Projects

Azure Power commissions first phase of 14 MW solar project for DMRC

January 1, 2017

Azure Power has completed the first phase of its 14 MW project for the Delhi Metro Rail Corporation (DMRC). As part of Phase I, Azure has commissioned a rooftop solar plant at the Sultanpur station. […]

No Picture
Projects

NIWE and J&K government identify first wind power site in Reasi

January 1, 2017

The Jammu & Kashmir government, along with the National Institute of Wind Energy, has identified a site for developing the state’s first wind power project in Reasi district. In the first phase, the Jammu and […]

No Picture
Projects

AMP Solar acquires 49% stake in Suzlon’s SPV for 15 MW solar project in Telangana

January 1, 2017

Suzlon has partnered with AMP Solar for developing a 15 MW solar power project at Achampet in Mahabobnagar, Telangana. According to the contract, AMP Solar will acquire 49 per cent stake in Rudra Solarfarms Limited, […]

No Picture
Projects

ABB-led consortium receives orders worth Rs 57 billion from Powergrid

January 1, 2017

ABB, along with its consortium partner BHEL, has secured orders worth Rs 57 billion from Powergrid to construct a transmission link from Rajgarh, Madhya Pradesh to Pugalur, Tamil Nadu. The project involves the construction of […]

No Picture
Projects

BHEL bags orders worth Rs 960 million from Powergrid for 3 EHV substations in Karnataka

January 1, 2017

Bharat Heavy Electricals Limited (BHEL) has received orders worth Rs 960 million from Powergrid for augmenting three extra high voltage substations in Karnataka on a turnkey basis. As per the contract, BHEL will augment the […]

No Picture
Projects

REC and IIT-M sign MoU for setting up of 2 MW solar power plant

January 1, 2017

The Rural Electrification Corporation (REC) and Indian Institute of Technology (IIT), Madras have signed an MoU for setting up a 2 MW rooftop solar power plant on the institute’s premises. As per the agreement, REC […]

No Picture
Projects

HAL commissions 3.5 MW of solar project worth Rs 250 million at Bengaluru Airport

January 1, 2017

Hindustan Aeronautics Limited (HAL) has commissioned a 3.5 MW solar energy project at its airport facility in Bengaluru. The project was executed by Amplus Solar, entailed an investment of Rs 250 million and is spread […]

No Picture
Projects

Rashtriya Ispat commissions 5 MW solar plant at Vishakhapatnam

January 1, 2017

Rashtriya Ispat Nigam Limited has commissioned a 5 MW solar power plant at Visakhapatnam, Andhra Pradesh. The plant entailed an investment of Rs 330 million and will be used for meeting the company’s power demand.

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