Daily Archive: October 25, 2012

SIEMENS plans to divest solar business activities

Siemens plans to divest its solar business activities and focus its renewable energy unit on wind and hydro power as part of a firm reorganization. According to Siemens, its outlook for its solar business...

REC Is Merger Candidate as Solar Takeovers Loom, CEO Says

Renewable Energy Corp., the Norwegian solar-energy company struggling with falling demand and excess capacity, said it’s a merger candidate as the industry gears up for a probable consolidation. “We won’t be surprised if there...

Costly power forces Vidarbha industries to seek open access

NAGPUR: Fed up with steep hike in power tariff every year, industrialists from Vidarbha under the banner of Chamber of Small Industries Association ( COSIA) and electricity consumers and industrial organizations state-level co-ordination committee...

RPower’s solar unit produces 30 million units

The 40 MW solar photovoltaic (PV) plant of Reliance Power in Rajasthan has generated over 30 million units of solar power in the first six months of the current financial year, company officials said....