Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalization of bids for the development of 100 MW of floating solar photovoltaic (PV) projects in the state. The ...
NBFC Electronica Finance Issues Green Masala Bonds Worth $10 Million
Zurich-based responsAbility AG, a leading asset manager for impact investments in emerging economies, has inked an agreement with Pune-based non-banking financial company (NBFC) Electronica Finance Limited (EFL) for the issuance ...
SECI Announces 100 MW Solar EPC Tender for Telangana’s Singareni Collieries
The Solar Energy Corporation of India (SECI) has announced a tender for the development of 100 MW of solar power projects in Telangana. The scope of work for the tender ...
Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO
Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as part of its planned initial public ...
Indian Solar Industry Sluggish Amid General Elections
The 2019 general elections are currently underway in India. In recent months, with the country gearing up for one of the biggest democratic exercises, the solar tender and auction activity ...
Investment in Indian Solar Sector Dips to $9.8 Billion in 2018
In 2018, investments in the Indian solar sector totaled approximately $9.8 billion compared to 2017, in which almost $11.5 billion flowed into the Indian solar sector. 2018 witnessed a decline ...
Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan
Renewable energy project developer, AMEA, has announced financial closure for a 50 MW solar project in Jordan. The company has announced that it has secured $74 million for the Al ...
Any Tax Levied Through an Act of Parliament Resulting in Extra Cost is ‘Change in Law’: CERC
The Central Electricity Regulatory Commission (CERC) has observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under the ...
Malaysia’s PETRONAS Acquires Singapore’s Distributed Solar Company Amplus Energy
Malaysia’s state-owned oil and gas company, PETRONAS, has announced the acquisition of Singapore-based Amplus Energy Solutions Pte Ltd (M+). In a media statement issued by PETRONAS, the company stated that ...
China Plans to Prioritize Non-Subsidized Wind and Solar Projects
China is prioritizing unsubsidized wind and solar photovoltaic (PV) projects. China’s National Energy Administration (NEA), has organized and drafted a project report on promoting non-subsidized affordable projects for wind and ...
Third Deadline Extension for SECI’s 97.5 MW Rooftop Solar Tender
The Solar Energy Corporation of India (SECI) has once again extended the bid submission deadline for 97.5 MW of grid-connected rooftop solar PV projects from April 16 to April 30, 2019 ...
Ongoing General Elections Delay Land Allotment for 7.5 GW of Solar Projects in Leh and Kargil
The Solar Energy Corporation of India Ltd. (SECI) officials recently met with the additional deputy commissioner (ADC) of Leh to arrange a visit to assess the land for the upcoming ...
MNRE Issues Blueprint for Testing Solar Pump Controllers
The Ministry of New and Renewable Energy (MNRE) has issued draft specifications and testing procedures for universal solar pump controllers (USPC). The draft is up for comments up to April ...
CERC Rules Against Power Grid, Provides Relief to Solar Developer in Madhya Pradesh
The Central Electricity Regulatory Commission (CERC) has quashed a transmission service agreement (TSA) termination notice that was issued by the Power Grid Corporation of India Limited (PGCIL) to SEI Sunshine ...
Karnataka’s Pavagada Solar Park to be Fully Operational by December 2019
At Karnataka’s Pavagada Solar Park, approximately 1,400 MW of grid-connected solar photovoltaic (PV) projects are operational today. Recently, ReNew Power commissioned 300 MW of solar PV capacity at the park ...
NTPC Issues Tender to Install 500 kW of Rooftop Solar at its Muzaffarpur Thermal Power Plant
The National Thermal Power Corporation (NTPC) has issued a tender to install rooftop solar photovoltaic (PV) projects totaling 500 kW at various locations of Kanti Bijlee Utpadan Nigam Limited (KBUNL) ...
Global Solar Market Receives $2.8 Billion in Corporate Funding in Q1 2019
The solar sector received $2.8 billion in corporate funding globally, including venture capital funding, public market, and debt financing. Activity across venture capital funding, public market, and debt financing were ...
Haryana to Follow Latest MNRE Competitive Bidding Guidelines for 300 MW Solar Auction
The Haryana Electricity Regulatory Commission (HERC) has asked the Haryana Power Purchase Centre (HPPC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy ...
MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs
The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines for series approval (grouping) of solar photovoltaic (PV) inverters to conduct testing in labs for Implementation of “Quality ...
Adani to Remove Domestic Content Requirement for 700 MW Solar Auction
The Maharashtra Electricity Regulatory Commission (MERC) has approved Adani Electricity Mumbai Limited’s (AEML) request to initiate the bidding process for 700 MW of solar without the domestic content requirement condition ...
Zambia Awards 120 MW of Solar PV Projects
The Global Energy Transfer Feed-in Tariffs (GET FiT), Zambia Secretariat, has awarded 120 MW of solar photovoltaic (PV) projects under round one of GET FiT Zambia 100 MW solar PV ...
PTC India Financial and USICEF Partner to Finance Distributed Solar Projects in India
Indian infrastructure finance company, PTC India Financial Services (PFS), has partnered with the U.S.-India Clean Energy Finance (USICEF) to mobilize debt financing for distributed solar energy in India. This is ...
Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million
Suzlon Energy Limited (Suzlon) has announced that it will sell two of its solar subsidiaries to Ostro Energy, a wholly owned subsidiary of independent power producer, ReNew Power. The two ...
Solar Auctions Plummeted While Tender Activity Soared in March 2019
Solar auction activity in March plummeted to 750 MW, which was approximately one-fourth of the capacity auctioned in the previous month. The auctioned capacity in March 2019 was also lower ...
EPC Contractors Invited to Construct 150 MW of Solar PV Projects in Gujarat
The Gujarat Industries Power Company Limited (GIPCL) is looking for engineering procurement construction (EPC) contractors to develop 150 MW of grid-connected solar photovoltaic (PV) projects. The bid submission deadline is ...
