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India's Ageing Trains Get Green Makeover With Solar Panels

India has added solar panels to the roof of a train in a national first as it tries to reduce its massive carbon footprint and modernise its vast colonial-era rail network. The lighting, fans and information displays inside the train -- once powered by diesel -- will run off the sun's energy after the… read more →

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Finland’s Taaleri looking to buy solar power projects in India

Attracted by the opportunities in India’s solar energy space, Finland’s Taaleri Plc is evaluating assets for acquisition here. This interest by the Nasdaq Helsinki-listed firm is reflective of the trend wherein overseas firms have led the race on aggressive tariffs to secure renewable energy project… read more →

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Solar cells & modules: China firms’ plan to make in India drags, but exports rise

Over last three years, more than a dozen Chinese companies announced plans to establish solar cell and module manufacturing facilities in India. Till date, however, not a single Chinese company has established a manufacturing plant in India, even though their exports to India from their facilities in… read more →

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Engie in talks with Equis Energy to acquire green energy assets in India

French energy company Engie is in talks with Singapore-based renewable energy developer Equis Energy to acquire projects from its India portfolio comprising green energy platforms Energon and Energon Soleq, two people with knowledge of the matter said. “Engie is looking to acquire selective assets… read more →

Read more news items on: Renewable Energy, Energy Investments,


Tata Power to invest $90 million in renewable energy arm TPREL

Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said. TPREL… read more →

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ReNew eyes Orange's portfolio in $950 million deal to bulk up before IPO

Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation,… read more →

Read more news items on: Energy Finance, Wind Energy, Renewable Energy,


Ashok Leyland announces strategic partnership with Sun Mobility for electric mobility

Ashok Leyland, the Chennai-headquartered flagship company of the Hinduja Group, today announced it has launched a strategic alliance for electric mobility solutions with SUN Mobility, promoted by Chetan Maini, founder of Reva and Uday Khemka, Vice Chairman of the SUN Group. “This global partnership… read more →

Read more news items on: Electric Vehicles,


IFC plans $6 billion investment in India

International Finance Corporation (IFC), a World Bank Group member, is planning to invest up to $6 billion in India over the next five years to support initiatives in renewable energy and green buildings, said a top official of the institution. “We have already invested over $2 billion in green buildings… read more →

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Crashing solar tariffs crush storage plans

The steep fall in solar tariffs may have delighted discoms and other power consumers, but it is also having unintended consequences. Last week, it forced the Solar Energy Corporation of India (SECI) to cancel two tenders it had announced last year which were to include storage capacity for the first… read more →

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IIT-Madras launches second phase of 'Carbon Zero Challenge' to identify innovative solutions to India’s energy problems

The second phase of the ‘Carbon Zero Challenge’ was recently launched at Indian Institute of Technology Madras. Personalities from academia, venture capitalists and entrepreneurs took part in the event. The Carbon Zero Challenge is a pioneering initiative by the IIT-Madras and Industrial Waste Management… read more →

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