Singapore’s HDB Tenders Solar

Singapore’s Housing & Development Board Tenders 50 MW of Solar

The Housing & Development Board (HDB) of Singapore has tendered 50 MW of grid-connected solar projects to be developed under the SolarNova program. Once developed, the entire power produced from ...
/ Solar, Tenders & Auctions
Profits for Tata Powers Renewables Business Rise 200 Percent in Q2 FY 2017-18

Profits for Tata Power’s Renewables Business Rise 200 Percent in Q2 FY 2017-18

Tata Power reported a strong all-round performance in the first half (H1) of financial year 2017-18 (FY18). The company’s underlying consolidated business earnings before interest, tax, depreciation, and amortization (EBITDA) ...
/ Markets & Policy, Solar
SECI Issues Tender to Facilitate Interstate Solar and Wind Power Trading

SECI Issues Tender to Facilitate Interstate Solar and Wind Power Trading

The Solar Energy Corporation of India (SECI) has invited trading licensees to participate in a tender for providing support services to facilitate the trading of power at SECI, New Delhi ...
/ Solar, Tenders & Auctions
India’s Power Supply Deficit

India’s Power Supply Deficit Recorded at 0.7 Percent During Apr-Sep 2017

India recorded a power supply deficit of 0.7 percent during the six-month period between April to September 2017. Over 615,494 million units (MU) of electricity was supplied, 4,260 MU less than ...
/ Grid, Utilities
Indian railways REMCL Rooftop Tenders

Railway Energy Management Company Tenders 32 MW of Rooftop Solar Projects

The Railway Energy Management Company Limited (REMCL) tendered a total of 32 MW of grid-connected rooftop solar photovoltaic (PV) projects to be developed at offices, buildings, railway stations of zonal ...
/ Solar, Tenders & Auctions
Renewable Energy Development

ISA and EBRD Enter Partnership to Support Renewable Energy Development

The International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed a joint financial partnership declaration that deepens their cooperation in support of renewable energy ...
/ Markets & Policy, Solar
CERC Orders PGCIL Wind’s SPVs

CERC Orders PGCIL to Grant Connectivity to Inox Wind’s SPVs in Gujarat

The Central Electricity Regulatory Commission (CERC) has ordered the Power Grid Corporation of India Limited (PGCIL) to grant connectivity to Inox Wind’s special purpose vehicles (SPVs) in Gujarat. In its ...
/ Other, Wind
India Renewable October policy

India Renewable Energy Policy Roundup for October 2017

There were some interesting policy developments in India during October announced by various state and central government agencies. National The Supreme Court extended the validity of solar and non-solar Renewable ...
/ Markets & Policy, Solar
EESL GEF

EESL and GEF Partner to Launch $454 Million Energy Efficiency Fund

The Energy Efficiency Services Limited (EESL) and the Global Environment Facility (GEF) have partnered to launch a $454 million project called the “Creating and Sustaining Markets for Energy Efficiency” with ...
/ Energy Efficiency, Other
Floating Solar EoI LEDA

LEDA Invites Expression of Interest to Develop 10 MW of Floating Solar Projects in Lakshadweep

The Lakshadweep Energy Development Agency (LEDA) has invited an expression of interest (EoI) from developers and contractors to develop 10 MW of floating solar projects in Lakshadweep. The floating solar ...
/ Solar, Tenders & Auctions
Monthly Recap

Month in a Minute: Top Headlines From the Indian Renewable Energy Sector in October 2017

Here is a list of important headlines, developments and data points from India’s renewable energy sector during October 2017. ACME Solar Holdings announced that it is looking to raise $337 ...
Tata Power Renewable Energy

Tata Power Renewable Energy Commissions 30 MW Solar DCR Project in Maharashtra

Tata Power Renewable Energy Limited (TPREL) commissioned a 30 MW grid-connected solar PV project developed under India’s domestic content requirement (DCR) category at Palaswade village in Maan taluka, in the ...
/ Solar, Utility Scale
IFC-Led Consortium Invests

IFC-Led Consortium Invests $653 Million to Develop 13 Solar Projects in Egypt

A consortium of investors led by the International Finance Corporation (IFC), a member of the World Bank Group, has finalized a $653 million debt package to finance the construction of ...
/ Finance and M&A, Solar
Scatec-Solar

Scatec Solar Closes $335 Million in Funding for Egyptian Solar Projects

Scatec Solar ASA (SSO) and its partners have closed financial deals for six solar photovoltaic (PV) power plants with an aggregate capacity of 400 MW in Egypt. The projects are ...
/ Solar
KERC Order Requiring state to Approve Wind PPAs

Karnataka Government Annuls KERC Order Requiring State to Approve Wind PPAs

The Karnataka State Government has annulled a Karnataka Electricity Regulatory Commission (KERC) order requiring them to sign wind power purchase agreements (PPAs) in the state. The Karnataka State Government in ...
/ Other, Wind
EBRD, GCF and FMO

EBRD, GCF and FMO to Provide $87 Million Loan to Develop Solar Projects in Egypt

The European Bank for Reconstruction and Development (EBRD), the Green Climate Fund (GCF), and the Netherlands Development Finance Company (FMO) have together agreed to provide an $87 million syndicated loan ...
/ Finance and M&A, Solar
Solar PV Project Pakistan

50 MW Solar PV Project Tendered in Pakistan

A 50 MW solar photovoltaic (PV) project has been tendered in Pakistan by Kulachi Solar Power Project Private Limited. The project will be developed near Kulachi, District D. I. Khan ...
/ Solar, Tenders & Auctions
USITC Recommendations

U.S. ITC Recommends Lower than Expected Tariff in Suniva Antidumping Case, Setting a Precedent for India

The U.S. International Trade Commission (ITC) has announced antidumping tariff recommendations in the 30-35 percent range, much lower than what Suniva and SolarWorld were looking for. The full set of ...
/ Manufacturing, Solar
NTPC EV Charging

NTPC Seeks Pan India License to Set Up EV Charging Stations

The National Thermal Power Corporation (NTPC) is seeking a pan India license to construct and set up electric vehicle (EV) charging stations across India. As of now, under The Electricity ...
/ Electric Vehicles, Grid
Lightsource Partnership Project Finance

Lightsource and UK Climate Investments Establish Partnership to Fund Indian Solar Projects

Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets (MIRA), have entered an agreement to form a partnership platform to ...
/ Finance and M&A, Solar
Canara Bank Empanelment Tenders

Canara Bank Issues Empanelment Tender for Rooftop Solar Project Developers

Canara Bank, a public-sector bank owned by the Government of India, has issued an empanelment tender inviting expressions of interest from rooftop solar project developers for the development of rooftop ...
/ Rooftop, Solar
Maruti Suzuki and Nissan

Maruti Suzuki and Nissan Prepare to Enter India’s EV Market

Maruti Suzuki and Nissan, two carmakers that many Indians are familiar with are making separate plans to enter the electric vehicle (EV) market in India. According to Press Trust of ...
/ Electric Vehicles, Grid
Supreme Court 20 MW Solar project

Supreme Court Rescinds GERC Order to Extend the Control Period of a 20 MW Solar Project

The Supreme Court of India has passed an order that rescinds an earlier order by the Gujarat Electricity Regulatory Commission (GERC) that extended the control period of a solar project ...
/ Markets & Policy, Solar
SBI World Band Rooftop Solar India

SBI and World Bank Extend $357 Million Credit to 7 Indian Companies for Solar Rooftops

The State Bank of India (SBI) and the World Bank have announced ₹23.2 billion ($357 million) in credit facilities for seven Indian solar companies that will be used to develop ...
/ Finance and M&A, Rooftop
200 MW PPA Signed Bangladesh

Power Purchase Agreement for 200 MW Solar Project Signed in Bangladesh

A Power purchase agreement (PPA) to procure power generated from a 200 MW grid-connected solar project has been signed in Bangladesh. This is the first mega-solar project for which a ...
/ Solar, Utility Scale