Deferring New Solar Bids Until Backlog of Unsigned PSAs is Cleared the Way Forward
Deferring new bids until the backlog of unsigned power sale agreements (PSAs) with the distribution companies (DISCOMs) is cleared by the Solar Energy Corporation of India (SECI) may be the ...
ReNew Power Pledges to Achieve Net-Zero Emissions by 2050
ReNew Power, India-based renewable energy company, has announced its commitment towards attaining net-zero greenhouse gas emissions by 2050. The company aims to help address the global climate crisis and lead ...
Gujarat Floats Tender for 200 MW of Solar Projects at Dholera Solar Park
The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for the design, supply, procurement, and construction of 4 X 50 MW grid-connected MW solar power projects at the Dholera ...
IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021
Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
Daily News Wrap-Up: Hydrogen Market Revenue Is Expected to Surpass $300 Billion by 2027
Here are some noteworthy cleantech announcements of the day from around the world: The global hydrogen market revenue is expected to surpass $300 billion by 2027, as reported in the latest study ...
Adani Electricity Gives Mumbai Consumers Guilty of Dirty Coal Option to Switch to Green Energy
In a bid to transition Mumbai towards green energy, Adani Electricity Mumbai Limited (AEML), the city’s largest electricity distributor, is launching a program to give consumers the flexibility to set ...
Production-Linked Incentive Program for Solar Cells and Modules Approved
The Union Cabinet has approved the Ministry of New & Renewable Energy's (MNRE) proposal for the implementation of the Production Linked Incentive (PLI) program for the 'National Program on High-Efficiency ...
Tata Power Solar Doubles Cells, Modules Manufacturing Capacity to 1,100 MW
Tata Power Solar has announced the expansion of its manufacturing unit in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW. The latest expansion move has ...
Maharashtra Sets Generic Tariff of ₹2.90/kWh for Rooftop Solar Projects
The Maharashtra Electricity Regulatory Commission (MERC) has set ₹2.90 (~$0.039)/kWh as the generic tariff for surplus power procured at the end of the financial year from rooftop solar projects for ...
Madhya Pradesh Floats Tender for 41 MW of Grid-Connected Rooftop Solar Projects
The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids to select solar developers to implement 41 MW of grid-connected rooftop solar projects at various locations in the state ...
US Calls for Countervailing Duty on Indian Wind Energy OEMs
The International Trade Administration (ITA), under the United States Department of Commerce, has recommended the imposition of countervailing duty (CVD) against wind energy equipment manufacturers from India and Malaysia. The ...
The Role of DISCOMs in India’s Transition to a Clean Energy Regime
Distribution companies (DISCOMs) should ideally be at the forefront of fulfilling the country's clean energy commitments. However, DISCOMs have remained the weakest link in India's power system. The poor financial ...
Access to Solar Project Finance is Key to Achieving India’s Ambitious Targets
India has taken significant strides towards transitioning to clean energy by tapping renewable sources. However, the mobilization of funds to meet India's clean energy commitments presents a formidable challenge. India ...
Daily News Wrap-Up: Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment
Here are some noteworthy cleantech announcements of the day from around the world: Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its key logistics partners, to ...
Where is the Solar Market Headed: Changing Face of the Indian Solar Sector
The Covid-19 pandemic and the resultant nationwide lockdown capped off a turbulent 2020 for the Indian solar sector. The pandemic affected the solar supply chain and brought the solar industry ...
‘Change in Law’ Clause in PPAs Signed by Small Scale Distributed Solar Projects Approved
The Gujarat Electricity Regulatory Commission (GERC) has approved the incorporation of 'change of law' in the proposed power purchase agreements (PPAs) by the Gujarat Urja Vikas Nigam. These PPAs are ...
Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements
According to the Q4 & Annual, 2020 India Solar Market Quarterly Update, in 2020, about 32.5 GW of tenders were announced by various agencies, and over 22 GW of projects ...
National Average Power Purchase Cost of ₹3.85/kWh Set for Open Access Solar Projects
The Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85 (~$0.052)/kWh. The APPC would be applicable during the financial year ...
NTPC Reissues Module Package Tender for Anta Solar Project in Rajasthan
NTPC Limited has reissued the tender for the supply of a solar PV module package for the Anta solar power project at Baran district in Rajasthan. The scope of work ...
ONGC Reissues Tender for a 15 MW Solar Project in Bharuch
Oil and Natural Gas Corporation Limited (ONGC) has reissued the tender for the engineering, procurement, construction, installation, and commissioning of a 15 MW (AC)/17.5 MW (DC) grid-connected solar power project ...
Facebook to Buy 5 MW Power from Sunseap Group’s Offshore Solar Floating Project
Singapore-based solar energy company Sunseap Group has signed a multi-year virtual power purchase agreement (VPPA) with Facebook for solar energy from Singapore's largest offshore floating solar farm in the Straits ...
Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized
Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions, has announced Goldman Sachs-sponsored Loanpal Solar Loan ...
ReNew Power to Raise $585 Million Through Dollar Green Bonds
ReNew Power has announced the successful pricing of $585 million of 4.5% U.S. dollar-denominated senior secured 'green bonds' due 2028 on March 31, 2021, to be issued by its subsidiaries ...
NTPC Subsidiary Invites Bids for a 1 MW Rooftop Solar Project at IIT Jodhpur
NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of NTPC, has invited bids for the design, engineering, construction, and commissioning of 1 MW rooftop solar power projects at the ...
Azure Power Sells Non-Core Rooftop Solar Portfolio to Radiance Renewables
Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 ...