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SOLAR GETS $1.7 BILLION Funding IN Q2
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.
Mercom Capital Group, Residential, Commercial Funds, Clean Energy, M&A, Sol Voltaics, Tigo Energy, Silicon Ranch, Kathu CSP Solar Project, Connor, Clark, Lunn Infrastructure, Samsung Renewable Energy, Six Nations, Grand River Development
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Private finance to solve green energy problem
Private finance, rather than public funds, will solve the issue of technology transfers from developed to developing countries such as India, UK´s secretary of state for climate change and energy Edward Davey has said
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Gearing up to revamp Power infrastructure in Bihar
The Government of Bihar has sanctioned more than Rs 2,000 crore for renovation of the existing power infrastructure in the state. The funding for strengthening the power infrastructure would come from various centrally sponsored schemes such as Backward Region Grant Fund (BRGF), Rajeev Gandhi Grameen Vidyutikaran Yojna (RGGVY) and Accelerated Power Development and Reforms Programme (APDRP).
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Gearing up to revamp Power infrastructure in Bihar
The Government of Bihar has sanctioned more than Rs 2,000 crore for renovation of the existing power infrastructure in the state. The funding for strengthening the power infrastructure would come from various centrally sponsored schemes such as Backward Region Grant Fund (BRGF), Rajeev Gandhi Grameen Vidyutikaran Yojna (RGGVY) and Accelerated Power Development and Reforms Programme (APDRP).
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Vedanta wants shareholders to renew approval for buyback
London-listed Vedanta Resources, which proposes to buy a maximum of 27,337,819 shares through market purchases at a minimum price of $0.10 per share, will seek renewed approval from shareholders for this. The buy back amounts to about 10 per cent of the company's equity. In a recent notice, the company sought shareholders' approval to renew the clearance given at last year's annual general meeting, which is due to expi
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Vedanta wants shareholders to renew approval for buyback
London-listed Vedanta Resources, which proposes to buy a maximum of 27,337,819 shares through market purchases at a minimum price of $0.10 per share, will seek renewed approval from shareholders for this. The buy back amounts to about 10 per cent of the company's equity. In a recent notice, the company sought shareholders' approval to renew the clearance given at last year's annual general meeting, which is due to expi
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Tata ties up with Cennergi to fund 95 mw S African wind project
In South Africa, Tata Power has tied up funds for the 95 mw Tsitsikamma wind energy project, which is estimated to cost about Rs 1,750 crore. The project is being implemented by Cennergi, an equal joint venture between Tata Power and South Africa's Exxaro Resources. Tata Power said in a statement on July 2 that the project of approximately Rand 2,905 million (around Rs 1,750 crore at current exchange rate) is being funded through a debt-equity mix of 75:25.
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Tata ties up with Cennergi to fund 95 mw S African wind project
In South Africa, Tata Power has tied up funds for the 95 mw Tsitsikamma wind energy project, which is estimated to cost about Rs 1,750 crore. The project is being implemented by Cennergi, an equal joint venture between Tata Power and South Africa's Exxaro Resources. Tata Power said in a statement on July 2 that the project of approximately Rand 2,905 million (around Rs 1,750 crore at current exchange rate) is being funded through a debt-equity mix of 75:25.
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Vishakha Mulye on board Tata Power
Tata Power, India's largest integrated private power company, has appointed Vishakha Mulye, managing director and CEO of ICICI Venture Funds Management Company, as an independent director of the company.
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