Daily Archive: July 1, 2012

Tata Power completes 51% stake buy in solar JV

India’s largest private sector power producer Tata Power Co Ltd has completed 51% stake acquisition in Tata BP Solar India Ltd from joint venture (JV) partner BP Alternative Energy Holdings Ltd, a company statement...

MahaGenco plans joint venture to boost capacity addition

State-run Maharashtra State Power Generation Company (MahaGenco) plans to develop power projects through joint ventures with the private sector, owing to constraints in the availability of funds. The company, which has a thermal installed...

Abound solar to file bankruptcy

This week, Abound Solar, Inc., a United States manufacturer of solar panels, announced plans to suspend their manufacturing operations, lay off workers and file for bankruptcy. As Bloomberg reported, Abound struggled to sell its solar...

Solar panels to power Dhaka’s traffic signals

The Dhaka city corporations are installing traffic lights and automatic time-countdown displays at 100 intersections that would be powered by the sun. Dhaka south is even installing solar panels on street lamp posts with...