NTPC Floats Balance of System Tender for 1 GW Solar Projects

NTPC Floats Balance of System Tender for 1 GW Solar Projects

NTPC Renewable Energy has invited bids for the balance of system (BoS) package with land for interstate transmission system (ISTS)-connected solar projects up to 1,000 MW anywhere in India except ...
/ / Solar, Tenders and Auctions
MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

MNRE Grants Timeline Extension for Solar Projects Bid Before BCD Announcement

The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the completion of solar and wind-solar hybrid projects for which bids were finalized before March 9, 2021 ...
/ / Markets & Policy, Solar
Solar Sector Pins Hopes on Budget 2023, Here’s the Long Wish List

Solar Sector Pins Hopes on Budget 2023, Here’s the Long Wish List

The solar sector has a long wish list for the Union Budget 2023, which will be presented in a few days. Stakeholders look forward to Finance Minister Nirmala Sitharaman announcing ...
MNRE Updates ALMM with 14 New Solar Module Manufacturers

MNRE Updates ALMM with 14 New Solar Module Manufacturers

The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module manufacturers under the Approved List of Models and Manufacturers (ALMM) order to include ...
/ / Markets & Policy, Solar
Maharashtra Invites Bids to Procure 350 MW of Solar Power

Maharashtra Invites Bids to Procure 350 MW of Solar Power

The Maharashtra State Electricity Distribution Company (MSEDCL) has invited bids to procure 350 MW of solar power from projects to be developed in the state. MSEDCL has set a ceiling ...
/ / Solar, Tenders & Auctions
Hecate Energy Secures $550 Million to Support Renewables Expansion

Hecate Energy Secures $550 Million to Support Renewables Expansion

U.S.-based Hecate Energy, a developer of renewable projects and provider of energy storage solutions, closed a five-year $550 million credit facility package, including a $250 million term loan and $300 ...
Gujarat Urban Development Company Invites bids for 2 MW Solar Projects

Gujarat Urban Development Company Invites bids for 2 MW Solar Projects

The Gujarat Urban Development Company (GUDC) has invited bids to commission 2,027.78 kW solar projects across six urban local bodies in Gujarat. The projects' estimated cost is ₹154.64 million (~$1.9 ...
/ / Solar, Tenders & Auctions
Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

Project Finance Brief: Sol Systems Acquires 190 MW Solar Project in Texas

From: Mercom Capital Group Sol Systems, a solar finance and development company, acquired a 190 MW solar development project in Uvalde County, Texas, from ABEI Energy, an independent power producer. The acquisition was ...
/ / Finance and M&A, Solar
SECI's Green Energy Open Access Foray Worries Private Developers 

SECI’s Green Energy Open Access Foray Worries Private Developers 

The government-owned renewable energy intermediary procurer Solar Energy Corporation of India (SECI) will soon enter the market for delivering renewable energy solutions through open access to the commercial and industrial ...
/ / C&I, Mercom Research Focus, Solar
Emirates Utility Company Issues Tender for 1.5 GW Solar Project

Emirates Utility Company Issues Tender for 1.5 GW Solar Project

The Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) to develop a 1.5 GW solar photovoltaic (PV) power project in the Ajban area of the ...
Regulator Directs Captive Solar Power Generator to Pay Transmission Charges

Regulator Directs Captive Solar Power Generator to Pay Transmission Charges

The Odisha Electricity Regulatory Commission (OERC) recently directed the Odisha Power Transmission Corporation (OPTCL) and Bharat Electronics (BEL) to finalize the contracted capacity for the transmission of power utilizing the ...
/ / Markets & Policy, Solar
Odisha Regulator Sets Tariff of ₹7.25kWh for 25 MW Solar Project

Odisha Regulator Sets Tariff of ₹7.25/kWh for 25 MW Solar Project

Odisha Electricity Regulatory Commission (OERC) has approved the power purchase agreement (PPA) executed between Grid Corporation of Odisha (GRIDCO) and ACME Odisha Solar Power to procure power from a 25 ...
/ / Markets & Policy, Solar
Indian Solar Module Manufacturing Capacity to Reach 95 GW by 2025

Indian Solar Module Manufacturing Capacity to Reach 95 GW by 2025

India's solar photovoltaic (PV) module manufacturing capacity exceeded 39 GW at the end of September 2022 and is expected to reach ~95 GW by the end of the calendar year ...
Rajasthan Invites Bids for 31 MW Solar Projects Under PM KUSUM

Rajasthan Invites Bids for 31 MW Solar Projects Under PM KUSUM

The Jodhpur Vidyut Vitran Nigam (JDVVNL) has floated a tender for developing 31.02 MW grid-connected solar projects through the RESCO model under Component ‘C’ of the Pradhan Mantri Kisan Urja ...
/ / Solar, Tenders & Auctions
Energy Storage Sector Upbeat For 2023 Despite Cost, Supply Chain Challenges

Energy Storage Sector Upbeat for 2023 Despite Cost, Supply Chain Challenges

India’s renewable energy growth plans are closely tied to energy storage to mitigate the intermittency of renewable sources as the country strives to meet the rising round-the-clock (RTC) clean energy ...
Uttarakhand's Draft Solar Policy Targets 2,000 MW Capacity by 2028

Uttarakhand’s Draft Solar Policy Targets 2,000 MW Capacity by 2028

The Uttarakhand Government has released a draft solar policy that targets 2,000 MW of installed solar capacity and envisages boosting the proportion of solar power in power distribution companies (DISCOMs) ...
/ / Markets & Policy, Solar
Researchers Reduce Performance Losses in TOPCon & SHJ Solar Cells

Researchers Reduce Performance Losses in TOPCon & SHJ Solar Cells

Researchers at Hebei University, China have developed an organic solution that can compensate for performance losses caused during the cutting and separation process while assembling the shingle solar panels. The ...
/ / Solar, Technology
Regulator Directs DISCOMs to Pay ‘Change in Law’ Dues to Solar Developers

Regulator Directs DISCOMs to Pay ‘Change in Law’ Dues to Solar Developers

The Central Electricity Regulatory Commission (CERC) has directed distribution companies (DISCOMs) to compensate solar developers for incremental impact due to the imposition of safeguard duty and associated 'carrying costs.' It ...
/ / Markets & Policy, Solar
Researchers Improve Perovskite Solar Cell's Resistance to Degradation

Researchers Improve Perovskite Solar Cell’s Resistance to Degradation

Researchers at the École Polytechnique fédérale de Lausanne (EPFL) and Sungkyunkwan University in South Korea have identified the cause behind the degradation of perovskite solar cells and developed a technique ...
/ / Solar, Technology
India's Wind Installations Increased 8% YoY to 229 MW in Q4 2022

India’s Wind Installations Increased 8% YoY to 229 MW in Q4 2022

Total wind capacity installations in India increased year-over-year (YoY) by 8%, with 229 MW added in the fourth quarter (Q4) of 2022 against 212 MW installed during Q4 2021. However, ...
Visakhapatnam Port Authority Floats O&M Tender for 10 MW Solar Project

Visakhapatnam Port Authority Floats O&M Tender for 10 MW Solar Project

Visakhapatnam Port Authority has invited bids for the annual maintenance contract of a 10 MW solar power project for one year. The last date to submit the bids is February ...
/ / Solar, Tenders & Auctions
Lightsource bp Closes Tax Equity Investment Deal for 481 MW Solar Projects

Lightsource bp Closes Tax Equity Investment Deal for 481 MW Solar Projects

Lightsource bp, a global utility-scale solar project developer, announced closing a tax equity investment from Wells Fargo and Company for a 481 MW solar project portfolio in the U.S. The ...
LONGi Plans New 100 GW Wafer and 50 GW Cell Production Capacity

LONGi Plans New 100 GW Wafer and 50 GW Cell Production Capacity

LONGi Green Energy Technology has signed an investment agreement with the local government of Shaanxi province to manufacture 100 GW of monocrystalline silicon wafers and 50 GW monocrystalline cell. The ...
/ / Manufacturing, Solar
Africa's Solar Capacity Grew by 14% in 2022 to Nearly 1 GW

Africa’s Solar Capacity Grew by 14% in 2022 to Nearly 1 GW

Africa added 989 MW of solar capacity in 2022, a 14% growth year-over-over, a report published by the Africa Solar Industry Association (AFSIA) said. It added that the continent's total ...
/ / Markets & Policy, Solar
Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion

Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion

The total revenue of Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pollonji Group, fell by 73% year-over-year (YoY) to ₹4.18 billion (~$51.5 ...
/ / Finance and M&A, Solar