Japan’s Marubeni Acquires Taiwan’s Chenya Energy to Leverage Floating Solar Business
In an important development, Japan’s Marubeni Corporation has executed a share purchase agreement with I Squared Capital to acquire Chenya Energy Company Limited, which is one of the leading solar ...
NTPC Raises $750 Million Syndicated Loan to Reduce Emissions from Power Projects
The National Thermal Power Corporation (NTPC) announced that it had raised a syndicated loan worth $750 million (~₹53.5 billion) in Japanese Yen to fund capital expenditure for the installation of ...
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 & ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 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 ...
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 ...
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 ...
