Azure Power’s Revenue Up 29% to $35.4 Million in Q1 2019
Azure Power (NYSE: AZRE), an independent solar power producer, has announced its consolidated results for the first quarter ending June 30, 2018. Total revenue in the first quarter of FY19 ...
Government Approves Scale Up of Access to Clean Energy Program
The Government has approved the launch of "Scale Up of Access to Clean Energy" program for the period financial year (FY) 2018-19 and FY 2019-20. The program is one of ...
NITI Aayog and CII Partner for India’s Sustainable Development
NITI Aayog and the Confederation of Indian Industries (CII) have entered a partnership for the sustainable development of India. The launch of the NITI Aayog and CII partnership on sustainable ...
JERC Issues Regulations for Distribution Licensees in Goa and Union Territories
The Joint Electricity Regulatory Commission (JERC) has issued a set of regulations dealing with power generation, transmission and distribution for the state of Goa and union territories with the exception ...
Month in a Minute: Important Headlines from the Indian Solar Industry in July 2018
DISCOM ratings, spot power prices, REC trading and other Important headlines from India’s solar and other renewable industries in July 2018: According to the Central Electricity Authority’s (CEA) latest Load ...
Orissa High Court Asks Ministry of Finance to Withdraw its Solar Safeguard Duty Notification
Weeks after the announcement of safeguard duty imposition on solar imports from China and Malaysia, the Orissa High Court today heard the petition filed by Hero Future Energies, ACME, and ...
Mitsui Chemicals to start BIS Certification for Solar Panels in India with PI Berlin
Mitsui Chemicals, a Japanese company, is planning to establish a solar panel testing and certification lab in Gujarat in partnership with PI Berlin. The lab will be set up through ...
Government Plans to Set up 25 GW Solar Capacity in Ladakh
According the Power Minister R.K. Singh, the Indian government is planning to bring a single bid for setting up 25 GW of solar capacity in Ladakh, reported by PTI. This ...
China Added 24.3 GW of Solar Capacity in the First Half Of 2018
China added 24.3 GW of solar PV capacity in the first half (1H) of 2018. This takes China’s total installed solar PV capacity to 154.51 GW, out of which 112.6 ...
MNRE Urges Ministry of Finance to Exempt Ongoing Solar Projects from Safeguard Duty
One of the biggest questions since the announcement of a 25 percent safeguard duty on imported solar modules and cells from China and Malaysia is about the impact on solar ...
NTPC Asks Bidders to Revise and Resubmit Bids for 2 GW Solar Tender Due to Safeguard Duty
The sudden imposition of the safeguard duty on solar cell and module imports from China and Malaysia has caught the domestic project developers off-guard. However, in a positive development for ...
France Awards 720 MW of Solar Projects At Record Low Tariff
In the fourth phase of its plans to install 3,000 MW of solar photovoltaic (PV) capacity, France has awarded 103 solar projects aggregating 720 MW. The successful developers bid at ...
Cypress Creek Renewables Secures $200 Million Equity Investment
Cypress Creek Renewables, a developer and owner of solar generating assets has secured $200 million in equity investment. A group led by Temasek, a global investment company headquartered in Singapore, ...
CEA Charts Transmission Infrastructure Plan for 4,950 MW of Wind Projects
The Central Electricity Authority (CEA) has formulated a plan for developing transmission system to accommodate wind energy aggregating 4,950 MW. The transmission system will be augmented in Gujarat and Tamil ...
Maharashtra Takes a Tough Stance on Solar and Non-Solar RPO Enforcement
Recently, the Maharashtra Electricity Regulatory Commission (MERC) reviewed compliance of Renewable Purchase Obligation (RPO) targets by Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for FY 2016-17. MERC noted that MSEDCL ...
Hanwha Q CELLS Announces Plans to Go Private
Hanwha Q CELLS, a global photovoltaic (PV) manufacturer of solar modules, has received a preliminary non-binding proposal letter from Hanwha Solar Holdings (HSH), a subsidiary of Hanwha Chemical Corporation incorporated ...
BlackRock Real Assets Acquires 59 MW of Solar Assets from J&V Energy
Through its latest acquisition, BlackRock Real Assets has entered the Taiwan solar market. BlackRock acquired the entire equity interest in a 59-MW solar portfolio comprising 28 projects in Taiwan from ...
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China
ReneSola Ltd, a fully integrated solar project developer and operator, has signed an exclusivity agreement with an affiliate of Brookfield Asset Management. Under the agreement, ReneSola has agreed to negotiate ...
Saudi Arabia’s Zahid Group Acquires 50 Percent Stake in Greencells Group
Zahid Group, a Saudi Arabian conglomerate, through its wholly-owned subsidiary OMAS, an operation and maintenance service provider, has acquired a 50 percent stake in Greencells Group, a utility-scale solar project ...
KREDL Tenders 200 MW of Solar PV Across 10 Talukas
The Karnataka Renewable Energy Development Limited (KREDL) has tendered 200 MW of grid-connected solar photovoltaic (PV) projects to be developed across 10 talukas of the state. The bid-submission deadline is ...
MNRE Invites Expression of Interest to Study the Biomass Potential in India
The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) to assess the potential of biomass power and bagasse cogeneration in India. The final date to ...
Suzlon Registers ₹5.75 Billion Net Loss in First Quarter of FY19
Suzlon, a leading wind turbine manufacturer and renewable energy project developer, has reported a net loss of ₹5.75 billion (~$83.67million) in the first quarter of FY19, ending June. In the same quarter ...
Status of Solar Glass and Back Sheets after Safeguard Duty
With the recent levy of a 25 percent safeguard duty on solar imports from China and Malaysia, the next trade dispute focus is on the anti-dumping case on solar glass ...
SECI Cancels 2 GW ISTS-Connected Wind Tender, Retenders 1.2 GW
The Solar Energy Corporation of India (SECI) has cancelled the undersubscribed 2 GW Tranche-V interstate transmission system (ISTS)-connected wind tender. SECI had tendered the capacity in May 2018. Technical bids totaling ...
SECI Tenders 750 MW of Solar Projects in Rajasthan
The Solar Energy Corporation of India (SECI) has tendered 750 MW of grid-connected solar photovoltaic (PV) projects to be developed on standalone basis across Rajasthan. The bid-submission deadline is September ...
