Bankrupt SunEdison aims to grow in India
The Dollar Business Bureau Hours after filing for bankruptcy protection, US-based renewable energy firm SunEdison Inc is expecting partners for 1.7 gigawatts of projects planned in India. The head of SunEdison’s Asian zone business stated that the company aims to obtain partners within two months. Pashupathy Gopalan, while talking to certain media on Friday, stated that the firm excluded India, SunEdison’s largest market outside United States-its base, from the bankruptcy process. Apart from looking out for partners for specific projects in India, SunEdison is also aiming to secure equity partner for India business’. The buzz is that the company is planning to sell stakes in planned projects to Adani Group of India and Fortum of Finland. Gopalan, however, did not reveal onto why India was ...
India has the makings of becoming the clean energy world capital
Source: PTI Prime Minister Narendra Modi on Monday chaired a roundtable meeting on renewable energy with top energy CEOs and experts in San Jose. Ernest Moniz, Secretary of Energy, United States; and Prof. Steven Chu, former US Secretary of Energy, were present at the roundtable meeting. Top energy CEOs and investors, including Ahmad Chatila, CEO SunEdison; Nikesh Arora, President and COO, Softbank; K R Sridhar, CEO, Bloom Energy; Jonathan Wolfson, CEO, Solazyme; John Doerr, Venture Capitalist; and Ira Ehrenpreis of DBL partners were present. Prof Arun Majumdar, Prof Roger Noll, Dr. Anjani Kochar, and Prof. Sally Benson, all from Stanford University, participated. Among the views expressed at the roundtable, was a clear assertion that India has the makings of becoming the ...
