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Avyan Renewable Solar’s Acquisition in SunEdison Reduced to 31%

By : Sustainability ..., Oct 15, 2019

Avyan Renewable Solar will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison, according to a recent corporate filing by SunEdison with the Bombay Stock Exchange (BSE). Initially, the share purchase agreement (which has now been...

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Greenko likely to raise $300 million to refinance SunEdison India debt

By : sustainabilityo..., Nov 2, 2016

Greenko Energy Holdings, which recently acquired SunEdison's India assets, may refinance the entire debt of SunEdison India by tapping the overseas bond market, three people aware of the...

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India doubles down on solar parks after SunEdison setback

By : sustainabilityo..., Jul 19, 2016

India will double the target for energy to be generated from solar parks by 2020, a top government official said, as roof-top installations progress slower than anticipated and U.S. company...

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SunEdison to invest $2 billion in solar, looks for Indian partner

By : sustainabilityo..., Dec 24, 2015

In a big boost to the government’s Make in India initiative, US-based renewables major SunEdison Inc is looking to invest up to $2 billion (Rs 13,200 crore) in the next one year in a polysilicon manufacturing facility in India.

Polysilicon is used as feedstock material...

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SunEdison, Thermax, Azure win mandate for rooftop solar projects in 4 cities

By : Sustainability ..., Apr 4, 2013

Three companies—SunEdison, Thermax and Azure—have been named successful bidders for putting up rooftop solar power projects in four cities—Bangalore, Chennai, Delhi and Gurgaon—in a tender floated by the government-owned Solar Energy Corporation of India (SECI).

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Off-grid power shines in solar village

By : Sustainability ..., Aug 2, 2012

Life in the remote village of Meerwada used to grind to a standstill as darkness descended. Workers downed tools, kids strained to see their schoolbooks under the faint glow of aged kerosene lamps and adults struggled to carry out the most basic of household chores....

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SunEdison to invest $100 million in India in 2011

By : sustainabilityo..., Jan 24, 2011

SunEdison, a subsidiary of US-based MEMC Electronic Materials, plans to invest around $100 million in India this year, to install 30 Megawatt (MW) solar power capacity in 2011.

MEMC manufactures wafers for semiconductor chips and solar panels as well as in financing,...

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