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Daily Archives: August 11, 2011

Wind Developer Caparo Energy closes second tranche of Rs. 1.5 bn mezzanine funding

Caparo Energy ‘s Indian subsidiary has closed a second tranche of mezzanine funding. This second tranche of mezzanine financing, which is for a four-year term, of Rs1,500m is being provided by the Infrastructure Development Finance Company. The terms of both tranches of mezzanine financing entail no equity dilution for Caparo Energy’s existing shareholders. The board believes that this will result in enhanced equity returns for investors. The company expects to repurchase/buy-back both tranches of mezzanine from internal cash flows and ... Read More »

Aplab’s High Voltage Power Modules allow for All Parallel Solar PV Arrays

Aplab announced the release of an integrated High Voltage PV Module(High Voltage Mono and Poly-crystalline PV Modules) with an integrated Maximum Peak Power Tracking facility. Aplab in association with Mitramax and PV Power Tech offers High Voltage PV Modules upto 400 V DC and a built-in MPPT facility that allow for an all parallel solar array. Aplab’s HVPV modules reduce string losses between upto 30%. Mr. P. S. Deodhar, the Chairman of Aplab, says that these HVPV Modules reduce the ... Read More »

Vorks Energy to provide solar rooftop solution to a Delhi Schools

Vorks Energy has recently signed agreements with number of schools in Delhi and NCR region to provide solar roof top solution. The schools will run completely on solar energy during the day and will use energy from battery bank when sun is not available. The system is ideal for schools and colleges, since majority of usage for electricity is during school working hours which are typically around 8 to 9 hours. This typical usage can easily be provided using solar ... Read More »

SOLARCON India Advances Solar Workforce Development Initiatives in India

SEMI India will host the third edition of SOLARCON India, the region’s premier solar business and technology focused industry exposition and international conference from November 9 to 11 at the Hyderabad International Convention Centre in Hyderabad, India. The theme for this year’s exposition, representing the widening solar value chain in India, will be: “Showcasing the Solar eco-system: From polysilicon to power plants”. SOLARCON India will also feature a certificate short course on “Grid Connected Solar PV Systems: Design and Integration” ... Read More »

Suzlon wins 29.70 MW repeat order from the Malpani Group

Suzlon Energy Limited (SEL), India’s largest wind turbine manufacturer, has won a repeat order from the Malpani Group to set up, operate and maintain projects totaling 29.70 MW. Malpani Group is a renowned business conglomerate in the state of Maharashtra with business interests in agro, entertainment and leisure, real estate and FMCG, in addition to wind energy. In this sixth order to Suzlon, the Malpani Group has opted to include Suzlon’s recently launched S9X turbines in the product mix. The ... Read More »

Larry C. Holmberg Appointed CEO of Solar Semiconductor, Inc.

Solar Semiconductor, Inc. announced today at the India Renewable Energy Expo that Larry C. Holmberg has been appointed CEO and a member of the Board of Directors of the Company. Larry is a Co-Founder and CEO of Solar Infra, Inc. Solar Semiconductor also announced the signing of an agreement to acquire Solar Infra and is in the process of completing the acquisition. “We are very excited to have Larry join our executive team,” said Hari Surapaneni, Chairman of the Board ... Read More »

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