IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix

IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix

Orix, a financial services group headquartered in Tokyo, has announced that it will acquire 51% stake in seven wind power generating subsidiaries which it jointly owns with Infrastructure Leasing & ...
/ / Other, Wind
Karnataka is the Top Solar State in India with 5 GW in Cumulative Installed Capacity

India Emerged as the Third Largest Solar Market in 2018 Behind China and US

India was the third largest solar market behind China and the United States with 8.3 GW of solar PV capacity installed in 2018. Japan and Germany were the fourth and ...
/ / Markets & Policy, Solar
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

India Joins Hands with Japan and France for a Sustainable Future

The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
/ / Other, Renewable Energy
Gujarat Decides to Implement Solar Agricultural Feeder Program on Pilot Basis

Oman’s PDO Awards 100 MW Solar Project to Marubeni Consortium

Petroleum Development Oman (PDO), a state owned oil producer in Oman, has announced that it has allocated a 100 MW solar project to the Marubeni Consortium, a consortium comprising the ...
/ / Markets & Policy, Solar
Japan’s Proposal to Rollback on Solar Subsidy Angers Investors and Operators

Japan’s Proposal to Rollback Solar Subsidy Angers Investors and Operators

Japan’s Ministry of Economy, Trade and Industry (METI) has proposed that companies granted permits for solar projects between the fiscal years of 2012 to 2014 under Feed-In-Tariffs (FiT) should submit ...
/ / Markets & Policy, Solar
RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

RE100 Member Companies to Source 100% Electricity from Renewables By 2026: Report

According to a new report published by RE100, its member companies sourced 72 TWh of renewable power in 2017, an increase of 41 percent compared with the preceding year. RE ...
/ / Other, Renewable Energy
Japanese Company to Start Sri Lanka’s First Solar Panel Manufacturing Facility

Japanese Company to Start Sri Lanka’s First Solar Panel Manufacturing Facility

Japanese Sri Lanka Friendship (JSF) Corporation, a board of investment company, will start manufacturing solar panels at Katunayake in Sri Lanka. This will be the first solar panel manufacturing facility in ...
/ / Markets & Policy, Solar
SoftBank to Invest $60-100 Billion in India’s Solar Industry

SoftBank to Invest $60-100 Billion in India’s Solar Industry

SoftBank Group, a Japanese telecom giant-turned-tech investor, plans to invest $60 to $100 billion in Indian solar projects, according to Japanese public broadcaster NHK. Prime Minister Narendra Modi-led administration has ...
/ / Finance and M&A, Solar
India’s Safeguard Duty Investigation Draws Criticism at WTO

India’s Safeguard Duty Investigation Draws Criticism at WTO

The recommendation to impose safeguard duty on solar imports to India and the ongoing investigation faced criticism at the recently-held meeting of the World Trade Organization’s (WTO) safeguard committee. The ...
Hindustan Power

Hindustan Power Aggressively Expanding its Global Footprint

Hindustan Power, an Indian Renewable Energy firm, is aggressively expanding its global solar portfolio. The company acquired 15 solar power generation projects in Japan and is poised to enter the ...
/ / Other, Renewable Energy
Cumulative RE Installations

Cumulative Renewable Energy Installations Cross 50 GW in India

The share of renewable power in India’s energy mix continues to increase with cumulative installations now exceeding 50 GW. The solar sector is witnessing installations and project commissioning at a ...
/ / Other, Renewable Energy
solar project

India’s Solar Opportunities and Challenges – A perspective on JNNSM selection guidelines

India's Jawaharlal Nehru National Solar Mission (JNNSM), a major initiative of the government of India, has set itself a goal of creating an enabling policy framework for deploying 20GW of ...
/ / Markets & Policy, Solar