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  • RooftopRooftop solar panels commissioned by Enerparc India at Bharat Fritz Werner Ltd.
Enerparc India, a subsidiary of global solar solution provider Enerparc AG is glad to announce the commissioning of 980 kWp solar project at Bharat Fritz Werner Ltd. (BFW) located at Bengaluru, Karnataka.

The project has been financed, constructed and executed by Enerparc through its investment special purpose vehicle, which would sell the solar power to BFW on a long term. The project is second of Enerparc’s growing solar rooftop portfolio in India, it is one of the benchmarks for the company as innovative non-penetrative mounting methods are used coupled with Enerparc’s priority on quality and safety. Speaking about the association with BFW, Mr. Santosh Khatelsal, the Managing Director of Enerparc India, said, “We are very glad to be associated as a sustainability partner with a prestigious company like BFW. This project will help Enerparc to add another leading brand in its portfolio of 1.2 GW as an Independent Power Producer across the world.”
 
The rooftop solar project at BFW will generate approx. 15 lacs of units annually thus helping BFW to meet a major portion of its power needs through green energy and reducing its dependency on fossil fuels. It will also help BFW to offset 1350 tons of carbon emission every year. “BFW has always been a pioneer in adopting new technologies for its business and global sustainability, this solar project with Enerparc is yet another example of BFW’s commitment of being socially responsive towards the environment," said Mr. Ravi Raghavan, the MD and CEO of BFW.

About BFW

BFW started its journey in 1961 to realise the dream of a young economy that was on the cusp of industrialisation. Ever since we have been at the heart of manufacturing. We’ve supported the growth of the Indian Manufacturing industry by creating the machine tools vital for industries, across verticals - from agriculture to aerospace projects.

We are a customer-first establishment. We do whatever it takes to enable progress for our customers by acquiring new technology to serve customers better and investing in R&D Centre to create next-gen technology. At BFW, we ensure progress at every step, with every innovation.

We are here to "Enable Progress". Every machine we build helps manufacture products that improve the quality of life, and progress of mankind.

About Enerparc

Enerparc India is a subsidiary of Enerparc AG, Germany. With its headquarters in Bengaluru, the company specializes into Investment and EPC services for rooftop as well as ground mounted solar photovoltaic (PV) systems across India with focus on Industrial & Commercial segment.

Enerparc AG is a global expert in developing, engineering, building, and operating large-scale photovoltaic (PV) systems. As an EPC contractor, our company has connected over 2,000 MW of solar systems to electricity grids, a knowledge base we draw upon to combine speed, flexibility, and high quality in delivering projects. With local presence in all active solar markets like Europe, North America, Middle East & Asia, we are also one of the largest Independent Power Producers (IPP) in solar energy with more than 200 discrete solar projects in our own portfolio, with an installed capacity of over 1100 MW and growing.

Specialized in these business fields and with a belief in absolute reliability, top quality and the long-term success of renewable energies, we and our project managers, engineers and designers are looking to set new standards in the solar industry. We work in partnership with the community of partners, contributing our global engineering and construction experience, striving for cost leadership in value chain, focusing on bettering end customer’s value. Our dedicated team comprises of long-standing solar industry professionals with expertise in grid-connected PV project development, design, engineering, procurement, construction and operations in India and worldwide.

Read more: Enerparc India Commissions Rooftop Solar Project...

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  • AzureAzure Power Solar Plant
  • Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction
  • 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings
  • Over 1 GWs of the contracted pipeline are with sovereign counterparties

Azure Power (NYSE: AZRE) announced that its portfolio has surpassed 3 GWs, reinforcing the company’s position as a leading independent solar power producer in India. This milestone was achieved with the company’s recent win of a 300 megawatt (MW) solar power project in the largest solar auction conducted by Solar Energy Corporation of India (SECI), a Government of India enterprise and a company with an AA+ domestic debt rating by ICRA, a Moody’s company. With this win, 87% of Azure Power’s 2.2 GW contracted pipeline is with counterparties that have A to AAA domestic debt ratings. Over 1 GW of the pipeline is with sovereign counterparties.
 
The 300 MWs are an Inter-State Transmission System (ISTS) grid-connected solar PV project. Azure Power will sign a 25-year power purchase agreement with SECI to supply power at a tariff of INR 2.64 (~US 3.9 cents) per kWh which was 8% above the lowest bid in the auction. The project can be developed outside a solar park anywhere in India and is expected to be commissioned by 2020.
 
Commenting on the occasion, Mr Inderpreet Wadhwa, Founder, Chairman and Chief Executive Officer, Azure Power said, “We started with the vision of providing affordable solar power for generations and the mission to be the lowest cost power producer in the world. Through our collective efforts and support from our stakeholders, we have achieved this important milestone of crossing a 3 GW portfolio with large-scale, mini/microgrid and rooftop projects across the country. This achievement is a testament to our strong project development, engineering, and execution capabilities. We are delighted to make this contribution towards the realization of our Hon’ble Prime Minister’s commitment towards clean and green energy, through solar power generation.”
 
Azure Power was founded by Inderpreet Wadhwa in 2008 with a vision of providing affordable solar power in an efficient, sustainable and socially responsible manner. Azure Power has rapidly grown to become one of the largest solar power developers in India. The company started its journey over ten years ago by developing India’s first private utility scale solar plant, a 2 MW plant in Awan Punjab. Over the last decade, the company has witnessed tremendous growth and has installed over 1 GW of solar capacity with a footprint across 23 states in India. The company is backed by several marquee investors such as Caisse de dépôt et placement du Québec (CDPQ), International Finance Corporation (IFC), Helion Venture Partners, Société de Promotion et de Participation pour la Coopération Économique (PROPARCO), Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) and Netherlands Development Finance Company (FMO).

About Azure Power

Azure Power (NYSE: AZRE) is a leading independent solar power producer with a pan-Indian portfolio over 3 gigawatts. With its in-house engineering, procurement and construction expertise and advanced in-house operations and maintenance capability, Azure Power provides low-cost and reliable solar power solutions to customers throughout India. It has developed, constructed and operated solar projects of varying sizes, from utility scale, rooftop to mini & microgrids, since its inception in 2008. Highlights include the construction of India’s first private utility scale solar PV power plant in 2009 and the implementation of the first MW scale rooftop project under the smart city initiative in 2013.
 
For more information, visit: www.azurepower.com.
 
Forward Looking Statements
 
This press release contains forward-looking statements within the meaning of Section 21E of theSecurities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that could cause the Company’s results to differ materially from those expressed or implied by such forward-looking statements include: the availability of additional financing on acceptable terms; changes in the commercial and retail prices of traditional utility generated electricity; changes in tariffs at which long term PPAs are entered into; changes in policies and regulations including net metering and interconnection limits or caps; the availability of rebates, tax credits and other incentives; the availability of solar panels and other raw materials; its limited operating history, particularly as a new public company; its ability to attract and retain its relationships with third parties, including its solar partners; its ability to meet the covenants in its debt facilities; meteorological conditions and such other risks identified in the registration statements and reports that the Company has filed with the SEC from time to time. In the press release, megawatts portfolio represents the aggregate megawatt capacity of solar power plants pursuant to PPAs, signed or allotted or where the Company has been cleared as one of the winning bidders or won reverse auction, but yet to receive letter of allotment. All forward-looking statements in this press release are based on information available to us as of the date hereof, and the Company assumes no obligation to update these forward-looking statements.

Read more: Azure Power's Portfolio Surpasses 3 Gigawatts

Tigo®, pioneer of the smart modular Flex MLPE platform, today announced the release of its new Mesh communication architecture. This state-of-the-art wireless technology directly translates to customer benefits – including simplifying the solar design process and accelerating the commissioning steps. The complete Tigo solution uses a simple yet powerful data collection technology that covers the widest ranges of residential & commercial installations at the lowest cost. With Mesh and the recently announced Tigo Access Point (TAP), customers eliminate the need to address any roof obstruction or orientation constraint. To learn more about Mesh and TAP, register for Tigo’s free, online webinar “The Future of Solar is Wireless” on Wednesday July 25th, 2018 at 10am PDT.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180718005827/en/

 
Mesh is Tigo's proprietary software that allows each TS4 unit to act as a repeater, extending the ra ...

Mesh is Tigo's proprietary software that allows each TS4 unit to act as a repeater, extending the range of the Tigo Access Point (TAP) along many different paths in a solar array for faster, more reliable PV data. (Graphic: Business Wire)

Mesh compliments the full Tigo system in conjunction with TAP, Cloud Connect Advanced (CCA), and UHD-Core TS4 units. As the software that allows each TS4 unit to act as a relay station for signals, Mesh extends the wireless range of communication up to 230ft (70m). Mesh also allows data collection from up to 300 TS4 units (~100kW systems) using a single TAP or from up to 900 TS4 units (~300kW systems) using a single CCA. Most importantly, Mesh supports multiple communication paths between TS4 units to minimize packet loss, improve data integrity, and increase reliability at high speed.

The benefits of Mesh include:

 
  • Easily bypassed roof or ground-mount obstructions
  • Greater communication radius
  • Fewer component accessories needed
  • Intelligent communication paths responsive to difficult layouts
  • Flexible architecture for forgiving designs with different placement of accessories

“Mesh is the groundbreaking communication technology that makes Tigo’s TS4 Platform and communication accessories the most flexible, cost-effective, and robust solution for solar arrays around the world,” says Maxym Makhota, VP of Software Development at Tigo. “We are thrilled to roll out this software simultaneously with the new TAP so our customers can build and maintain efficient systems with as few costs as necessary.”

 

Mesh must be paired with Tigo’s CCA, TAP (or legacy Gateway), and UHD-Core TS4 units - integrated (TS4), retrofitted/add-on (TS4-R), or retrofitted for 2 modules (TS4-R-Duo). All products are shipping now via distributors and partners worldwide. For price and delivery call +1.408.402.0802 ext. 1, contact This email address is being protected from spambots. You need JavaScript enabled to view it., or visit www.tigoenergy.com.

 

About Tigo Energy, Inc.

 

Tigo is a Silicon Valley company founded in 2007 by a team of experienced technologists. Combining a unique systems-level approach with expertise in semi-conductors, power electronics, and solar energy, the Tigo team developed the first-generation Smart Module Optimizer technology for the solar industry. Tigo's vision is to leverage integrated and retrofitted Flex MLPE and communications technology to drive the cost of solar electricity down. By partnering with tier 1 module and inverter manufacturers in the industry, Tigo is able to focus on its key innovation with the smartest TS4 modular platform and leverage the broader ecosystem. Tigo has operations in the USA, across Europe, Latin America, Japan, China, Australia and the Middle East. Visit www.tigoenergy.com.

 

 

 

 
MULTIMEDIA AVAILABLE :
https://www.businesswire.com/news/home/20180718005827/en/
Read more: Tigo Releases State-of-the-art Wireless...

Tigo®, pioneer of the smart modular Flex MLPE platform, announced the availability of its new Tigo Access Point (TAP). The TAP is Tigo’s new wireless device for communication between the Cloud Connect Advanced (CCA) universal data logger and the TS4 units - integrated (TS4-X), retrofitted/add-on (TS4-R-X), and retrofitted/add-on for 2 modules (TS4-R-X-Duo). Similar to the Tigo’s legacy Gateway product, the TAP is small in size with a wider range and increased module capacity. TAP is now shipping worldwide. Consult your preferred PV supplier, or contact This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180711005812/en/

 
The TAP is Tigo’s new wireless device for communication between the Cloud Connect Advanced (CCA) uni ...

The TAP is Tigo’s new wireless device for communication between the Cloud Connect Advanced (CCA) universal data logger and the TS4 units. (Photo: Business Wire)

The TAP improves the data management of residential, commercial, and industrial solar systems by wirelessly communicating with smart modules. Each TAP collects data from up to 300 TS4 units (~100kW systems) or up to 600 modules using TS4-R-X-Duo (~160kW systems). It also greatly improves safety with module-level deactivation for Rapid Shutdown. When paired with a CCA, the TAP provides unparalleled visibility into solar installations.

 

The highlights of TAP include:

 

• UL-Certified for Rapid Shutdown

 

• Outdoor rating of IP68

 

• Module-level deactivation

 

• High definition, sampling as low as every 2 seconds

 

• Scalable architecture

 

• Mounts easily on module frame without tools

 

• Simplified installation due to new & improved wiring compartment

 

• Available for new integrated & retrofitted/add-on systems

 

“The new TAP was developed in response to the growing demand for reliable Rapid Shutdown solutions,” says Zvi Alon, Chairman & CEO at Tigo. “Our main goals were to improve visibility, simplify installation, and ensure safety in a communication device that can now individually collect data from hundreds of smart modules. Tigo's commercial and industrial project partners with large PV systems especially benefit from this cost-competitive solution in time for NEC 2017 to take effect.”

 

What comprises a Tigo system with TAP?

 

The Tigo system has three components. First, the TAP which wirelessly communicates with the smart modules and is hardwired to the CCA via a RS485 cable. Second, the smart PV modules that are equipped with integrated (TS4-X), retrofitted/add-on (TS4-R-X), or retrofitted/add-on for 2 modules (TS4-R-X-Duo). Third, the CCA which collects data from all PV system components – including modules, inverters, revenue-grade meter, etc. – and sends system information to the cloud.

 

Tigo’s TAP is ready to order and shipping now via distributors and partners worldwide. For price and delivery call +1.408.402.0802 ext. 1, contact This email address is being protected from spambots. You need JavaScript enabled to view it., or visit www.tigoenergy.com.

 

About Tigo Energy, Inc.

 

Tigo is a Silicon Valley company founded in 2007 by a team of experienced technologists. Combining a unique systems-level approach with expertise in semi-conductors, power electronics, and solar energy, the Tigo team developed the first-generation Smart Module Optimizer technology for the solar industry. Tigo's vision is to leverage integrated and retrofitted Flex MLPE and communications technology to drive the cost of solar electricity down. By partnering with tier 1 module and inverter manufacturers in the industry, Tigo is able to focus on its key innovation with the smartest TS4 modular platform and leverage the broader ecosystem. Tigo has operations in the USA, across Europe, Latin America, Japan, China, Australia and the Middle East. Visit www.tigoenergy.com.

 

 

 

 
MULTIMEDIA AVAILABLE :
https://www.businesswire.com/news/home/20180711005812/en/
Read more: Tigo Introduces New Tigo Access Point (TAP) as...

NTPC signs Term Loan of ₹1500 crore with HDFC Bank

13th Jul, 2018

NTPC has signed term loan agreement for ₹1500 crore with HDFC Bank Limited on 10th July, 2018. The loan facility is extended at an interest rate linked to 3- months MCLR of the Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri A.K Gautam, General Manager(Finance), NTPC Ltd and Shri Raveesh Bhatia, Regional Head, Corporate Banking, North, HDFC Bank Ltd in the presence of Shri K. Sreekant, Director (Finance), NTPC Ltd.


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Read more: NTPC signs Term Loan of ₹1500 crore with HDFC Bank

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