SunEdison, Inc. (NYSE:SUNE) on diverse situation, shared moved down 17.64% after opening bell on Friday as it is in discussions to divest minority stakes in its India solar projects to Finland’s Fortum, citing people familiar...
Finnish firm Fortum on Tuesday said it was planning to invest 200-400 million euros (Rs 1,500 crore – Rs 3,000 crore) in solar power projects in India, joining firms from Canada to Japan that...
India has enough thermal and gas-based power generation capacity to make up for the shortfall caused by lower hydroelectric power output due to the current water scarcity in the country, Power Minister Piyush Goyal...
This comes in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia As the world move towards cleaner fuels, the world’s biggest...
Delhi International Airport Limited (DIAL) has enhanced solar-power generation at Indira Gandhi International Airport (IGIA) in New Delhi, India. DIAL has installed an additional solar-power generation plant at the airport, thereby increasing the current...
Himachal Pradesh has been able to tap only about 10 percent of its solar power potential, the Comptroller and Auditor General of India (CAG) has said. Against an estimated solar power potential of 33,000...
Low tariffs are denting returns for investors and could lead to fund crunch for projects under development A fall in solar energy tariffs in India is hurting the investment climate for what’s been billed...