Kolkata, India-headquartered Vikram Solar, Bronxville, NY-based private equity firm Phalanx Impact Partners and New York City-headquartered Das & Co., an investment and development company with solar holdings in both the U.S. and India, formed a majority U.S.-owned and -operated joint venture – VSK Energy LLC. The venture is spear headed...
India Increases Construction of Solar Parks
The Cleveland, Ohio -based Institute for Energy Economics and Financial Analysis (IEEFA) reports that five of the world’s largest under-construction solar parks are located in India. These are: Bhadla Industrial Solar Park (2,225 MW), Pavagada Solar Park (2 GW), Ananthapuramu – I Solar Park (1.5 GW), Kadapa Ultra Mega Solar...
India to Ramp up Solar Energy Power Four-Fold by 2017
Piyush Goyal, India’s Minister of Coal, Power and Renewable Energy said, “Today our solar capacity is about 4,500 MW and the capacity addition target for this year is about 2,000 MW. During 2016-17, we are hoping to add 12,000 MW in the solar sector alone. Thus, including other renewable sources,...