CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects

CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects

The Central Electricity Regulatory Commission (CERC) has issued an order providing relief to Suzlon which is operating 7,400 MW of wind energy projects which needed retrofitting. Suzlon Energy Limited had ...
/ / Other, Wind
After January Slump, Non-Solar REC Trading Spikes in February 2018

Orient Green Power to Divest 57% Shares in its Biomass Subsidiaries

Orient Green Power Company Limited (OGPL) has decided to disinvest its entire holding of 918,954 equity shares, aggregating 57.92%, held in Sanjog Sugars and Eco-Power (Biomass subsidiary) in favor of ...
Report: Global Solar Funding Rises to $5.3 Billion in First Half of 2018

Module Supplier Canadian Solar Gets $48 Million Credit Expansion

Canadian Solar Projects K.K, a wholly-owned subsidiary of module supplier Canadian Solar has announced the renewal of a credit facility. The credit facility has been made available through a syndicate ...
Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million

Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million

Suzlon Energy Limited (Suzlon) has announced that it will sell two of its solar subsidiaries to Ostro Energy, a wholly owned subsidiary of independent power producer, ReNew Power. The two ...
/ / Finance and M&A, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

Canadian Firm AMP Solar Acquires Remaining 51% Stake in Rudra Solarfarms for $2 Million

AMP Solar, a Canadian renewable developer, has acquired the remaining 51 percent stake in Rudra Solarfarms, a special purpose vehicle built by another renewable developer Suzlon to execute the 15 ...
/ / Finance and M&A, Solar
CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India, one of the largest foreign investors in the Indian power sector, and domestic renewable energy project developer Suzlon have executed a deal for the sale of Tornado Solarfarms Limited to ...
/ / Finance and M&A, Solar
Solar Developers Win Four Project Commissioning Delay Cases in Telangana

Canadian Solar Completes Purchase of 30 MW of Solar Projects in Telangana from Suzlon

Canadian Solar, a global module supplier and solar project developer, has announced that it has acquired remaining 51 percent stake in two solar power projects from Suzlon Energy, a leading wind ...
/ / Finance and M&A, Solar
SECI Tenders 2 GW of ISTS-Connected Wind Projects

Suzlon Registers a Net Loss of ₹2.8 Billion in Second Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹2.8 billion (~$38.86 million) in the second quarter of FY19. In the first quarter of ...
/ / Other, Wind
CLP India and Suzlon to Partner for 70 MW of Solar Projects in Maharashtra

CLP India and Suzlon to Partner for 70 MW of Solar Projects in Maharashtra

CLP India, one of the largest foreign investors in the Indian power sector and domestic renewable energy project developer Suzlon have entered a partnership to develop 70 MW of grid-connected ...
/ / Markets & Policy, Solar
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19

Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
/ / Other, Wind
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Favorable Wind Markets Entice Suzlon to Re-Enter the Global Sector

Suzlon,  a wind turbine manufacturer and renewable energy project developer, intends to re-enter the international market, a senior company official told PTI. In the past, the company had expanded its ...
/ / Other, Wind
Suzlon Generates Revenues of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Suzlon Generates Revenue of ₹82.92 Billion, Net Loss of ₹3.84 Billion During FY 2018

Domestic renewable energy project developer Suzlon has declared its annual financial results for the financial year (FY) of 2018.  It also announced that it commissioned 626 MW of wind power ...
Suzlon Commissions 340 MW of Solar Projects Across Three Indian States

Suzlon Commissions 340 MW of Solar Projects Across Three Indian States

Suzlon, a domestic renewable energy project developer, has successfully commissioned 340 MW of solar photovoltaic (PV) projects across three states of Maharashtra, Telangana, and Rajasthan. The three projects in Telangana ...
Suzlon Signs Agreement with ReNew Power for Development of Wind Project in Karnataka

Suzlon Signs Agreement with ReNew Power for Development of Wind Project in Karnataka

Suzlon, a wind turbine manufacturer and renewable energy project developer, has bagged a repeat order of 96.6 MW from renewable energy project developer ReNew Power for the development of a ...
/ / Other, Wind
DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

DISCOMs Could Look to Coal if Solar Tariffs Go Over ₹3.50/kWh Because of Safeguard Duty

The proposed 70 percent provisional safeguard duty on solar imports, if levied, has the potential to reverse India’s solar growth trajectory and send the wrong signal to the investment community ...
/ / Markets & Policy, Solar
Growth of Jharkhand’s Solar Sector Hobbled by State Inaction

Growth of Jharkhand’s Solar Sector Hobbled by State Inaction

The progress of Jharkhand’s solar sector is being severely hobbled by inaction and delays on the part of the state’s implementing and nodal agencies. The issue is apparent in the ...
/ / Solar, Utility Scale
Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Top 20 Developers Account for Almost 60 percent of all Operating Large-Scale Solar Projects in India

Utility scale solar in India has seen exponential growth over the past two years with 4.3 GW of solar installed in calendar year 2016. India’s total installed solar capacity is ...
/ / Solar, Utility Scale
rupees

$1.1 Billion in Funding and M&A Deals Announced in the Indian Solar Sector in Q4 2016

With solar installations in 2016 totaling 4 GW, financial activity was robust in the fourth quarter of 2016, with approximately $1.1 billion (~Rs.76.6 billion) in announced corporate, project funding and ...
/ / Finance and M&A, Solar
Suzlon Solar

Suzlon Partners with Amplus Solar To Develop 15 MW Solar Project

Suzlon, a wind turbine manufacturer and renewable energy project developer, has entered into a joint venture (JV) with AMP Solar, a global renewable power provider, to develop and construct a ...
/ / Solar, Utility Scale
Suzlon Solar

Suzlon to Partner with Ostro Energy to Set Up a 50 MW Solar Project in Telangana

Suzlon, a wind turbine manufacturer and renewable energy project developer, has entered into a joint venture with Ostro Energy, a wind energy project developer, for the development and construction of a 50 ...
/ / Solar, Utility Scale
Suzlon to Set up 45 MW of Solar Projects in Telangana with Canadian Solar and Unisun Energy

Suzlon to Set up 45 MW of Solar Projects in Telangana with Canadian Solar and Unisun Energy

Suzlon, an Indian wind and renewable energy company, announced that it will develop 45 MW of solar projects in Telangana, in partnership with Unisun Energy (15 MW) and Canadian Solar ...
/ / Finance and M&A, Solar