African Development Bank Approves $18 Million Loan for a 50 MW Solar Project in Kenya
The African Development Bank (AfDB) has approved a senior loan of $18.17 million for the development of 50 MW Kopere solar power project in Nandi County, Kenya. The project also ...
NTPC Extends Bid Submission Deadline for its 1.2 GW Solar Tender
The National Thermal Power Corporation (NTPC) has extended the bid submission deadline for the tender to set up 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects in the ...
Tamil Nadu’s Trichy Floats Tender for 2.4 MW of Solar Projects under Smart Cities Mission
The Tiruchirappalli Smart City Limited has tendered 2.4 MW of ground-mounted solar photovoltaic (PV) projects to be developed at sewage treatment plant (STP) Panchappur, located near Madurai By-Pass road in ...
MNRE Amends Policy for Biomass-Based Cogeneration Projects in India
The Ministry of New and Renewable Energy (MNRE) has amended two clauses in the policy to support the promotion of biomass-based cogeneration projects in sugar mills and other industries in ...
Tender Issued for 50 MW of Projects at Karnataka’s Pavagada Solar Park
The Karnataka Renewable Energy Development Limited (KREDL) has issued a tender for the selection of engineering, procurement and construction (EPC) contractor for developing 50 MW (10 MW x 2 blocks ...
Maharashtra Announces Tender for 1 GW of Solar Projects with a Ceiling Tariff of ₹2.80/kWh
The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for the purchase of power on long term basis from 1,000 MW grid-connected solar photovoltaic power projects (Phase ...
EBRD to Lend $265 Million to Jordan to Develop its Grid for Renewable Energy Integration
The European Bank for Reconstruction and Development (EBRD) has said it will provide $265 million long-term loan to Jordan’s National Electric Power Company (NEPCO). The fund will be used to improve ...
Solar Tender and Auction Activity Declined in November with 1.4 GW and 61 MW Respectively
Over 1.4 GW of solar projects were tendered in the month of November, which is nearly half the capacity compared to October, according to Mercom’s India Solar Tender Tracker. This ...
India’s First Mega Solar-Wind Hybrid Auction Sees Lowest Tariff of ₹2.67/kWh
In the first mega solar-wind hybrid auction conducted in the country by the Solar Energy Corporation of India (SECI), a tariff of ₹2.67 (~$0.03794)/kWh emerged as the lowest (L1) one ...
After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018
In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent ...
Off-Grid Solar Solutions Provider SolarHome Raises $10 Million in Debt Financing
SolarHome, a Singapore-based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, has raised $10 million in debt financing from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform ...
GST Compensation for Solar Projects and Other Policy Highlights from November 2018
The month of November witnessed a series of orders in the renewable energy sector, especially from the State Electricity Regulatory Commissions (SERC). One of the important orders that made headlines ...
Madhya Pradesh Clarifies Cross Subsidy Surcharge Exemption for Captive Power Projects
The Madhya Pradesh Electricity Regulatory Commission (MPERC) has dismissed two petitions filed by owners of bagasse-based cogeneration projects against the imposition of cross subsidy surcharge for self-consumption of power. Shri ...
NTPC Issues Tender to Enlist Solar Module Suppliers and Manufacturers
The National Thermal Power Corporation (NTPC) has issued a tender for enlisting solar photovoltaic (PV) module manufacturers and suppliers. The enlisted manufacturers or suppliers will supply modules for NTPC’s self-owned ...
EBRD and Green Climate Fund to Lend $73.5 Million to Kazakhstan’s 100 MW Solar Project
The European Bank for Reconstruction and Development (EBRD) has signed an agreement with a German company, Joachim Goldbeck Holding GmbH, to develop a 100 MW solar project in the Karaganda region ...
African Development Bank Approves $220 Million Loan for a Solar Project in South Africa
The African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion (~$220.3 million) to the 100 MW Redstone concentrated solar power project. The project is located in the ...
Tender Issued for 2 MW of Rooftop Solar Projects at Mumbai Monorail Stations
The Mumbai Metropolitan Region Development Authority (MMRDA) has tendered 2 MW of rooftop solar photovoltaic (PV) projects to be developed atop Mumbai monorail stations and sites. The bid-submission deadline is ...
MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List
The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules. According to ...
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra
The Maharashtra Electricity Regulatory Commission (MERC) has approved power sale agreements (PSAs) for grid-connected solar photovoltaic (PV) projects totaling 302 MW under the Mukhyamantri Saur Krishi Yojana. MERC was reviewing ...
Month in a Minute: Notable Renewable Energy and Solar News from India in November 2018
November 2018 witnessed some key announcements in the Indian renewable sector. Indian solar imports spiked considerably in the third quarter (Q3) of calendar year (CY) 2018. According to the latest ...
Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction
The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
Airports Authority of India Floats Tender for Electrical Work of 1 MW Solar Project at Vijayawada Airport
The Airports Authority of India (AAI) is on the lookout for a contractor to do the electrical work for a 1 MW grid-connected solar photovoltaic (PV) project at Vijayawada Airport. The bid-submission ...
World Bank Pledges $200 Billion to Combat Climate Change
Global financial institution World Bank has pledged a corpus of $200 billion for climate action over a five-year period. The World Bank has set this corpus to meet climate targets set by ...
Tender Announced for 35 MW of Rooftop Solar Projects in Delhi
Delhi’s Indraprastha Power Generation Co. Ltd. (IPGCL) has issued a tender for 35 MW of grid-connected rooftop solar projects in Delhi under the Mukhyamantri Solar Power Program. Project developers, technology ...
16 Companies Pre-Qualified for 500 MW of Solar Projects to be Developed in Tunisia
Tunisia has released a list consisting of 16 bidders in total for the development of 500 MW of solar projects across the country. The following companies have been pre-qualified by ...
