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Daily Archives: January 17, 2012

China Sunergy’s 13MW Solar Modules Commissioned in a 25MW Indian Solar Project

China Sunergy Co., Ltd.  (“China Sunergy” or the “Company”), a specialized solar cell and module manufacturer, today announced that a solar PV project in Guajarat, India including China Sunergy’s solar panels was successfully connected to the grid.  The 25 MW Project, of which 13 MW of high quality solar modules were supplied by China Sunergy, was completed in partnership with Visual Percept Solar Projects Pvt. Ltd (“Visual Percept”). China Sunergy entered into its strategic partnership with Visual Percept, one of ... Read More »

Chemtrols Solar successfully commissions a 1 MW Solar PV project in Gujarat

Chemtrols Solar has commissioned and synchronized with the grid, a 1 MW Solar PV Power Plant on 31st December 2011 at Patdi, District Surendranagar in Gujarat. This plant, executed for Rasna Marketing Services LLP, Ahmedabad, under the Gujarat Solar Policy Phase II, it’s built with world class components including First Solar CdTe frameless modules and SMA string inverters. Record generation and Performance Ratios have been achieved in the first two weeks of operation. Chemtrols Solar will also undertake comprehensive O&M ... Read More »

India can be a great power using more renewable energy

According to reports, “With the second industrial revolution, which was ushered in through internal combustion engine and heavy use of crude oil, being on life support, this is the right time for India to use its renewable natural resources to start the third industrial revolution,” Rifkin, president of Washington-based Foundation on Economic Trends, told IANS. Rifkin was in New Delhi for the release of a report, Mega Trends of the Emerging Third Industrial Revolution in India, prepared in collaboration with ... Read More »

Suzlon arm bags order worth Rs 6 bn

SEFORGE, a Suzlon Group subsidiary, announced a major supply agreement with global bearings manufacturer worth Rs 6 billion (USD 115 million) for the supply of forged and machined rings used in various types of bearings, including slew bearing rings, over a period of five years. SEFORGE operates a state of the art forging facility capable of producing seamless forged rings of maximum diameter of 5.2 meters, with an annual capacity of about 40,000 to 60,000 rings at Vadodara, Gujarat. SEFORGE ... Read More »

India’s Magnetar to launch $100 mn cleantech fund

According to reports, India’s Magnetar Venture Pvt Ltd plans to launch a $100 million fund focused on clean technologies by March to funnel growth capital into budding enterprises, a senior official at the venture fund told Reuters. The fund is registered with regulator Securities and Exchange Board of India (SEBI) and plans to raise $20 million in its first phase, said Reji Kumar Pillai, general partner of Magnetar Venture. Magnetar hopes to rope in state-run firms working in the field ... Read More »

India to End Wind Farm Tax Break Next Fiscal, Official Says

According to reports, India will discontinue a tax break for wind farms starting in April, the beginning of the financial year, potentially stalling growth in a $3 billion market dominated by turbine-supplier Suzlon Energy Ltd. “Accelerated depreciation will go away in April,” Dilip Nigam, director of wind policy at the Ministry of New and Renewable Energy, said in an interview in Mumbai today. General Electric Co., Siemens AG, and Spain’s Gamesa Corporacion Tecnologica SA are expanding wind-turbine manufacturing capacity in ... Read More »

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