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In Depth

SOFARSOLAR Battery Inverters Keep Your Electricity Supply Stable Even During Grid Failure

20 June 2019

Whether during the day or at night, when you are enjoying a convenient life brought by all kinds of appliances, there is a sudden power outage, when the high monthly electricity bill is placed in front of you, how do you feel?

Solar Energy, Storage, Electricity Distribution & Projections

19 June 2019
Solar Energy, Storage, Electricity Distribution & Projections

Past: It has been an incredible journey for Solar PV industry during the last decade.

Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

14 June 2019
Tender Tracker: Insights Into 1200 MW SECI Auction Results ISTS IV

The recent tender auctions of 1200 MW by SECI saw an active participation from 6 developers. Ayana Renewable (CDC), Renew, Azure & Mahindra Susten won the entire bidded capacity. Avaada Energy won 50MW of the 350MW bidded capacity. Company Name Status Bid Capacity Awarded Capacity Quoted Tariff...

India Solar Policy Update - May 2019

12 June 2019
India Solar Policy Update - May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

Pooled Structures And InvITs To Boost Market Access For Developers

12 June 2019
Pooled Structures And InvITs To Boost Market Access For Developers

Nuanced structures in pooling of assets such as obligor/co-obligor or Infrastructure Investment Trust would propel refinancing of the infrastructure assets, says India Ratings and Research.

India Solar Policy Update - April 2019

13 May 2019

Below is SolarQuarter's brief analysis of the latest updates on solar regulations & policies from various states in India.

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UPCOMING EVENTS

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Friday, 14 June 2019 10:57

Greenko Energy signs pact to acquireassets of Skeiron

City-based Greenko Energy Holdings, a renewable energy company, announced Monday that it has signed a pact to buy the assets of Pune-based Skeiron Green Renewables in Andhra Pradesh and Karnataka.

Also, Greenko said it has already acquired Orange Renewables as was proposed in June, a senior official of Greenko said.

The combined deal of Orange and Skeiron would add 1,300 MW of wind and solar power to the overall operational capacity of Greenko to 4.5 GW of wind, solar and hydroelectricity, a press release said.

Greenko has an additional capacity of generating over 8 GW from integrated renewable energy projects, which would take the total operating capacity to about 12 GW to become a leader in the new energy sector in the country, the release said.

“The deal will add nearly USD 200 million to EBITDA of Greenko in the first full year after close, with further accretion and growth anticipated thereafter,” it said.

The proposed acquisition of the assets of Skeiron and Orange Renewable was expected to drive capacity, revenue, EBITDA and overall earnings growth potential of Greenko and its stakeholders, the release said.

Greenko has been focusing on building integrated renewable energy assets with storage, which can compete with conventional energy assets like thermal in quality, quantity and cost, the release quoted managing director and chief executive officer of Greenko Anil Chalamalasetty as saying.

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