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Daily Archives: March 7, 2017

Inox Group sells operating wind farms to Leap Green Energy

According to reports, Inox Group firms have entered into agreements to sell their operating wind farms to Leap Green Energy and its subsidiaries, on a slump sale basis, for an undisclosed amount. “Inox Renewables (IRL), a wholly owned subsidiary of Gujarat Fluorochemicals and Inox Renewables(Jaisalmer) (IRJL), a wholly-owned subsidiary of IRL, both a part of Inox Group, entered into definitive agreements for sale of substantially all of their operating wind farms to Leap Green Energy (LGE) and its subsidiaries, on ... Read More »

Solar power production crosses 10 gigawatts

According to reports, power production using conventional resources grew about 5% in the 11-month period of FY16, whereas production from renewable resources increased 26% during the same period. The total power generation grew 6% from a year-ago period. In coming future, renewable energy may contribute to a larger part of power generation, owing to increased funding by the central government. The government has upgraded the target for renewable sources from 20 giga watts to 175 giga watts, and it plans ... Read More »

Gamesa bags order from IL&FS for 50-MW for wind farm project in MP

According to reports, Gamesa has secured an order from Infrastructure Leasing & Financial Services Limited (IL&FS) for a 50-MW wind farm project at Amba in Madhya Pradesh. The order, to be commissioned in March this year, is a turnkey project and the first to be won from IL&FS. As a part of this contract, Gamesa will supply, erect & commission 25 units of its G114 – 2.0MW wind turbines. The G114-2.0 MW is designed to yield more power at lower ... Read More »

Solar project atop Sidhwan canal promises power to people

According to reports, with the first of it’s kind Canal Top solar projecton Sidhwan canal getting ready by the month end, people can expect better facilities, including solar power. Members of the Lets Clean Ludhiana Foundation (LCLF) visited the project site near Rajgarh to review work done so far. The project, which has 8,421 solar modules on pods spread over 1.25 km from Rajgarh to Ajnod village downstream on Sidhwan canal, will produce 2.5 megawatts of power, which will be ... Read More »

How the world’s largest solar park is shaping up in Karnataka

According to reports, heat that can give you blisters. Fluoride contaminated water that can leave your bones brittle. Endless stretches of barren land where rains have stayed away for almost half a century. Thorny bushes the only vegetation in sight for miles. An apt description of Pavagada—less than 200 km from Bengaluru, but it may as well be on another planet. The region is part of a large semi-arid tract in eastern Karnataka’s border district of Tumkur, which sits on ... Read More »

‘Note ban will lead to even lower solar tariffs,’ says president of SunSource Energy

According to reports, with solar power tariffs falling below Rs 3 per unit in auctions last month, a major player in the solar rooftop space says they are on course to fall further given that the recent demonetisation measure has come as a boost to industry because of the availability of cheaper finance. “Demonetisation is helping the industry get cheaper loans,” Kushagra Nandan, President of SunSource Energy, told IANS in an interview. SunSource Energy is a key player in the Indian solar ... Read More »

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