LATEST NEWS
Haryana Retenders 300 MW of Solar Projects Amid Tepid Response
The Haryana Power Purchase Company (HPCC) has invited Requests for Proposal (RfP) for the procurement of power from 300 MW of solar projects. The tender has been floated on behalf ...
Renewable Project Developer Greenko Receives $329 Million in Equity
After receiving $495 million (~₹33.92 billion) as primary equity from General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA), Greenko Energy Holdings (Greenko), has now secured another $329 million ...
Former President of Tata Motors Backs E-Scooter Startup BattRE
BattRE, a technology-driven startup manufacturing electric scooters, has received an undisclosed amount of funding from Tata Motors’ former President Gajendra Chandel. The funds will be utilized for the launch of ...
IIT Hyderabad-Incubated Electric Vehicle Startup PURE EV Raises Funding
PURE EV, an Indian Institute of Technology (IIT) Hyderabad-incubated startup, has raised an undisclosed amount of funding. The new round of funding is expected to enhance the company’s operations and ...
AIIB to Provide $100 Million Loan to L&T for Solar and Wind Projects Financing in India
The Asian Infrastructure Investment Bank (AIIB) has announced that it will provide a $100 million loan to L&T Infrastructure Finance Company Limited (LTIF). The loan proceeds will be used to ...
EDITORS' PICKS
BHEL Seeks BoS Vendors for 5 MW of Floating Solar Projects in West Bengal
State-owned Bharat Heavy Electricals Limited (BHEL) has issued a tender for the supply of Balance of System (BoS) items needed for the installation of the 5 MW of floating solar ...
Total Eren and EDF Renewables Sign PPA for 716 MW of Solar Projects in India
Total Eren and EDF Renewables have signed 25-year long term power purchase agreements (PPA) for four solar power projects with an installed capacity of 716 MW. These projects are located ...
Delhi To Shut Rajghat Thermal Power Project, Use Land for 5 MW Solar Park
Amid constantly deteriorating air quality, the Delhi government has decided to officially close the Rajghat thermal power project and develop it into a 5 MW solar park. According to a ...
Central Electronics Limited Floats Tender for 50 MW of Solar Projects in Maharashtra
The Central Electronics Limited (CEL), a public sector enterprise, has issued a tender for 50 MW of grid-tied solar PV projects ranging from 500 kW to 10 MW at various ...
Andhra Government Summons Wind Power Developers for Retrospective Tariff Negotiation
Continuing with its decision to renegotiate the Power Purchase Agreements (PPAs) for wind and solar power projects signed during the former Chief Minister Chandrababu Naidu’s tenure, the present government of ...
China Approves Nearly 23 GW of Solar Projects Based on Feed-in Tariff Mechanism
China’s National Energy Administration (NEA) has approved 22.78 GW of the Feed-in Tariff (FiT) based solar projects. These solar PV projects are expected to be grid-connected by December 2019. They ...
BHEL Floats Tender for 4,500,000 Multicrystalline Solar Silicon Wafers
Bharat Heavy Electricals Limited (BHEL), a government of India undertaking, has issued a tender inviting quotations for the manufacturing and supply of 4,500,000 DWS multi silicon solar wafers with a ...
Tata Power Solar Gets ₹6.10/kWh as Tariff for a 17 MW Project Commissioned in 2016
The Karnataka Electricity Regulatory Commission (KERC) has provided relief to Chirasthaayee Saurya Ltd. in the matter of tariff determination for a 17 MW solar project at Kanakagiri town located in Koppala ...
Nearly 10 GW of Renewable Capacity Added to Green Energy Corridor: RK Singh
The Government of India has been working for a while now to expedite the implementation of transmission infrastructure for the evacuation of power from renewable energy projects. To accelerate the ...
Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years
The revised 2019-2020 budget for Rajasthan has introduced various grants for the renewable energy sector. The chief minister of Rajasthan, Ashok Gehlot, in his budget speech, mentioned that the new ...
Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing
In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax incentives to speed ...
Singapore Calls Developers to Bid for 50 MW of Floating Solar Projects
Public Utilities Board of Singapore is looking for eligible bidders for a 50 MW floating solar PV project in the Tengeh Reservoir. The last date for bid submission has been ...
Solar EPC Company Sterling and Wilson Solar Receives SEBI’s Approval for its IPO
The Securities and Exchange Board of India (SEBI) has given its approval to Sterling and Wilson Solar Limited (SWSL) to float its proposed initial public offering that is estimated to ...
NTPC Gets Category I License for Inter-State Trading of Electricity
In a significant development for the country’s power sector, the Central Electricity Regulatory Commission (CERC) has granted a ‘Category I Electricity Trading License’ to the National Thermal Power Corporation (NTPC) ...
Sembcorp to Infuse ₹5.169 Billion in its India Arm to Push Renewable Business
Sembcorp Industries has increased its equity stake in its India arm Sembcorp Energy India (SEIL) from 93.73% to 94.05%. The company has infused ₹5.169 billion (~$75.33 million) into SEIL to ...
Deadline for BIS Certification of Solar Inverters Extended to September 2019
The Ministry of New and Renewable Energy (MNRE) has extended the deadline for the Bureau of Indian Standards certification of solar inverters. Considering that the series guidelines for inverters are ...
Gujarat Asks Winners of its 1 GW Wind Auction to Match the Lowest Tariff
Clouds of uncertainty are hovering over 1,000 MW of wind projects in Gujarat. After awarding the capacities in May 2019, the Gujarat Urja Vikas Nigam Limited (GUVNL) has now asked ...
Heavy Rains Wreak Havoc in Madhya Pradesh, Damage a 250 MW Solar Project
The onslaught of monsoon and severe weather has caused significant damage to a 250 MW solar PV project in Madhya Pradesh. Heavy rainfall and lightning accompanied by storm with wind ...
Easy Access to Finance in India’s Solar Off-Grid Market: PAYGo Report
Off-grid solar markets are instrumental in creating energy access to more than half a billion people around the world. According to the latest Pay-As-You-Go (PAYGo) Market Attractiveness Index (MAI), India ...
Budgetary Allocation for Solar Increases by 1% While Coal Gets a 48% Boost in 2019-20
In the recently announced budget for FY 2019-2020, there is a very slight increase in the budgetary allocation of funds for the solar energy sector when compared to the allocation ...
