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Indian scientist to head global body of solar energy experts

According to reports,A group of international solar energy experts, innovators and environmental activists have come together to form an international body – the International Solar Innovations Council – headed by Indian solar scientist Santi Pada Gon Chaudhuri as its global body chairman. This new international organisation that has its head office at Helsinki in Finland, has been founded to address the energy access problems of the world’s poor by coming up with new innovative solar power solutions. Chaudhuri has been ... Read More »

India probing dumping of solar cells from China, Malaysia

According to reports, India has launched a probe into the alleged dumping of solar cells from China, Taiwan and Malaysia. The aim of this probe is to guard domestic players from below-cost imports. An application for investigation into this issue was filed by the Indian Solar Manufacturers Association. The Commerce Ministry’s investigation arm — Directorate General of Antidumping and Allied Duties (DGAD) — has found prima facie evidence of dumping of ‘solar cells whether or not assembled partially or fully ... Read More »

Hinduja National Power looks to acquire Kiran Energy assets

According to reports, Hinduja National Power Corp. Ltd, part of the diversified Hinduja Group, is the latest company to express interest in acquiring the assets of Kiran Energy Solar Power Pvt. Ltd, according to two people aware of the development. Hinduja National Power has initiated discussions to acquire ownership of Kiran Energy, from private equity funds, the people said on condition of anonymity. PE funds Argonaut Ventures, New Silk Route (NSR) and Bessemer Venture Partners (BVP) India own nearly 80% of ... Read More »

IDFC Alternatives Infra Fund buys seven solar projects from First Solar

According to reports, in continuation of the interest of private equity players in the renewable energy space, particularly solar power, India Infrastructure Fund II has entered into definitive agreements with First Solar Power India Pvt Ltd to acquire seven operating solar projects totalling 190 MW. The deal size was not disclosed, but was estimated at ₹1,920 crore ($300 million). The seven projects are in Andhra Pradesh and Telangana and all of them use First Solar’s advanced Cadmium Telluride-based thin film ... Read More »

Wind, solar tariffs to come down considerably: Govt

According to reports, the wind and solar tariff will come down considerably in the near future, a government official today said. “It will though take some time to resolve the surfacing issues since the GST has come into vogue but on tariff front, the department of renewable energy is quite confident that since majority of renewable items are taxed at five per cent GST, the wind and solar power tariff will go down considerably in near future,” Head of GST, ... Read More »

First Solar India to divest 190 MW of assets to IDFC Alternatives

According to reports, First Solar India, the Indian arm of the US-based solar photovoltaic module major First Solar Inc, has struck a deal to divest 190 MW of solar power assets in the country to IDFC Alternatives. Seven projects, located in Andhra Pradesh and Telangana, have been executed by the company as an independent power producer. While the plants in Telangana are located in Mahbubnagar and Rangareddy districts, those in Andhra Pradesh are at Hindupur and Chittoor. These were commissioned ... Read More »

India’s performance in solar power not so encouraging, says parliamentary panel

According to reports, cautioning that India’s performance in renewable energy areas like solar, small hydro, biogas is not so encouraging, a parliamentary standing committee on Monday said that the government should not act as bystander and adopt more proactive approach to arrange finances for solar power projects. It also said that 40,000 megawatt target of grid connected rooftop solar by 2022 is “unrealistic” and it is “highly unlikely that this target will be achieved”. It suggested that government should give it ... Read More »

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