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Astonfield and Belectric Team up to Realize 5MW Solar Power Plant in Rajasthan, India

Astonfield seems to have submitted an application for a 5 MW solar power plant in Osiyan, Rajasthan and the project was submitted prior to the new Jawaharlal Nehru National Solar Mission ( JNNSM) and hence is  eligible to be approved under the new migration policy.  The company has indicated that the land for the project has been obtained on a long-term lease  and an agreement of execution has been entered into by Astonfield and Belectric. Belectric has already completed site ... Read More »

Indosolar Aims To Raise INR4 Billion Via Initial Share Sale In July

Indosolar Aims To Raise INR4 Billion Via Initial Share Sale In July NEW DELHI -(Dow Jones)- Indosolar Ltd., which makes solar photo-voltaic cells, plans to raise INR4 billion ($89 million) via an initial share sale in July as it aims to ramp up capacity to capture the growing Indian market for solar cells, a senior company official said Monday. New-Delhi based Indosolar currently has capacity to make solar photovoltaic cells that can produce 160 megawatts of electricity. It aims to ... Read More »

Hind High Vacuum Company of Bangalore, India will build Canada’s first amorphous silicon solar panel manufacturing plant

Update: The announcement is now official. Details  here. Hind High Vacuum Company (HHV) of Bangalore, India will build Canada’s first amorphous silicon solar panel manufacturing plant with Solar Source Corp (SSC) of Canada. The two companies had entered into a joint venture agreement for the same in March. Reports in the media indicate that the city of Windsor, Canada will be the location of the new  manufacturing plant for the amorphous silicon solar panel.  Samsung was the first company to ... Read More »

Cosmic Flares solar products company goes global..planning to enter India

Cosmic Flares makers of solar products including solar cell phone chargers which they seem to be retailing at about 25 USD have announced plans to enter the global market including India. Given the mobile penetration in India and the stories of  people in rural India without power going out of the way to getting their mobiles charged and paying upto Rs5/ recharge, there is huge potential for such devices as already shown by Duron.  A well thought out distribution model ... Read More »

Orissa envisages 351MW of Solar Capacity

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CEO of Areva Renewables talks about combining Solar and Coal plants

Solar energy offers ‘enormous coal savings’ …India should hike its solar power and solar thermal (steam-based power production) generation targets in the short term to achieve grid parity in terms of MW and KWhr cost with coal-based power plants in the long run, according to Mr Anil Srivastava, Global CEO, Areva Renewables. ….For a 500-MW coal plant, a 50 MW solar thermal would ensure 20 per cent savings in terms of daily coal use (equivalent to the replacement of feed ... Read More »

Moser Baer to raise Rs 400 cr debt for expanding solar power

Moser Baer to raise Rs 400 cr debt for expanding solar power Global technology company Moser Baer plans to raise Rs 300-400 crore of debt in the next two to three months to fund expansion, primarily to increase the crystalline silicon capacity of its photo voltaic (PV) business by 100 Mw from the current 140 Mw. “Our immediate plan or phase one of the expansion is about our crystalline silicon capacity. In PV, for the second consecutive quarter, we have ... Read More »

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