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    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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    Suzlon restructures FCCB, conversion price around Rs 100/sh

    Suzlon restructures FCCB, conversion price around Rs 100/sh Wind-power company, Suzlon has restructured its foreign currency convertible bonds, sources told CNBC-TV18’s Pankaj Poddar. The conversion price is between Rs 95 and Rs 100 per share. CNBC-TV18 learns that the covenants have been relaxed for the entire tenure. Suzlon will pay 1% fees to bondholders for the waiver. Sources said the new price is likely to result in a dilution of 9.5% for the company. India’s largest wind turbine supplier has ... Read More »

    Former President Sri. A P J Abdul Kalam commissions India’s first carbon fibre factory

    Kalam commissions India’s first carbon fibre factory Vadodara, May 9 (PTI) India’s first carbon fibre manufacturing facility to produce light weight material for use in sectors as diverse as aerospace to infrastructure was commissioned here today. Former President A P J Abdul Kalam inaugurated the carbon fibre plant set up by Kemrock Industries at their sprawling premises on the outskirts of this bustling industrial township. The Rs 250 crore facility begins manufacture of carbon fibre under technology transfer from the ... Read More »

    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 »

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