The Indian Institute of Technology, Gandhinagar (IIT-Gn) has tied up with US-based Underwriters Laboratories Inc. (UL), USA for a student research project in solar power. UL is a not-for-profit product safety testing and certification organisation. In an attempt to enhance research in the renewable energy (RE) sector, UL and IIT-Gn also organised a research competition [...]
Archive for the ‘Alliances’ Category
India, Norway come together for solar modules
A project funded by the Research Council of Norway and Dr B.V. Raju Institute of Technology, an engineering college located in Medak district of Andhra Pradesh, is seeking to test the feasibility of a cost effective solar grade silicon for use in solar modules. A major R&D company from Norway, Elkem Labs, Titan Energy Systems [...]
GVFL to focus more on clean energy
Gujarat Venture Finance Limited (GVFL) is ready to focus more on clean energy projects for funding under its Rs 1000-crore infrastructure fund. GVFL had announced the Rs 1000-crore infrastructure fund – Golden Gujarat Growth Fund Series-1 in January 2011. GVFL is confident of raising about half of the total fund size by the end of [...]
SSL forms JV with Sindicatum
Simbhaoli Sugars Limited (SSL), one of the leading sugar refiners in India, announced that it has entered into a joint venture with Sindicatum Sustainable Resources Group (‘Sindicatum’) a global developer, investor and operator of clean energy projects. According to a press release, SSL will transfer the existing power assets of the cogeneration plants located within [...]
US energy firm looks for partner in India
Renewable Energy Corporation, a US based firm, is on the look out for partners in India to distribute its solar modules and also to take up a part of the manufacturing of the modules, if need arises. Being present in the every segment of module making starting from polysilicon, REC believes it has control over [...]
India, Canada to work together in renewable energy
India and Canada have come forward work together in the field of renewable energy. According to an official statement, the matter was discussed when Christy Clark, Premier of British Columbia, Canada met Farooq Abdullah, Minister of New and Renewable Energy. India already has an umbrella Memorandum of Understanding (MoU) with Canada in the field of [...]
Enzen inks pact with French firm for solar power plants
Enzen Global Solutions has signed a memorandum of understanding with French company Ciel-et-Terre in Bangalore to set up floating solar power plants in various states generating power up to 50 MW. The French firm’s team was part of the 19 delegates from various European firms who visited Bangalore Nov 14-18 to sell their knowhow in [...]
Tata sets up JV with IFC
Tata Capital Ltd has set up a joint venture company with International Finance Corporation (IFC) to explore business opportunities in the climate change space. IFC, a member of the World Bank Group, would hold the remaining 20 per cent stake. The new company, Tata Cleantech Capital Ltd (TCCL), would provide funding and advisory services to [...]
Solectria: From US to India, China
Solectria Renewables, LLC, a PV inverter manufacturer based in the Unnited States, announced that it will expand its manufacturing operations into India and China as both countries announce significant growth opportunities for commercial and utility scale photovoltaic projects. Solectria Renewables will start a 300 MW manufacturing plant in China and a 200 MW manufacturing plant [...]
SunBorne’s equity partner for solar project
SunBorne Energy has tied up with European company Eoxis Energy as a partner in its Gujarat solar project. With this, Eoxis owns 49 per cent equity in SunBorne’s 15 MW solar photovoltaic (PV) project in Gujarat. According to Anil Nayar, Executive Director and CFO, SunBorne, the equity requirement for the project is Rs 70-80 crore [...]