Uttar Pradesh Approves ReNew Power’s Bid to Develop 100 MW of Floating Solar Projects

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 ...
/ / Markets & Policy, Solar
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

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 ...
/ / Markets & Policy, Solar
Solar EPC Contracts Cannot be Composite as per GST, Rules Maharashtra Authority

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 ...
ACME to Reduce its IPO Size from ₹22 billion to ₹10-15 billion

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 ...
/ / Markets & Policy, Solar
2019 Begins with a Sharp Decline in Solar Auction Activity While 6.5 GW of solar capa

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 ...
/ / Markets & Policy, Solar
Adani Seeks Bidders to Purchase 700 MW of Solar Power, With 350 MW under Greenshoe Option

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 ...
/ / Markets & Policy, Solar
Dubai’s AMEA Power Achieves Financial Closure for a 50 MW Solar Project in Jordan

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 ...
/ / Markets & Policy, Solar
NHPC Invites EPC Contractors to Construct a 40 MW Solar Project in Odisha

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 ...
/ / Markets & Policy, Solar
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

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 ...
/ / Finance and M&A, Solar
Uttar Pradesh to Charge Developers for Under and Over Generation of Solar and Wind Power

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 ...
/ / Markets & Policy, Solar
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

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 ...
SECI Issues Tender for 3 MW of Solar Projects with Battery Energy Storage System

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 ...
/ / Markets & Policy, Solar
Industrial and Commercial Consumers to Pay for Solar Pumps for Farmers in Maharashtra

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 ...
/ / Markets & Policy, Solar
International Solar Alliance Gets a New Member_ Bolivia

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 ...
/ / Markets & Policy, Solar
SECI Auctions 200 MW of Solar Projects to be Developed in Karnataka’s Pavagada

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 ...
/ / Markets & Policy, Solar
Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

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) ...
Funding into the Global Solar Sector Falls to $2 Billion in Q1 2018

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 ...
/ / Finance and M&A, Solar
Why the 2.4 GW Solar Auction Was Cancelled

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 ...
/ / Markets & Policy, Solar
MNRE Issues Draft Guidelines for Grouping Solar PV Inverters for Testing in Labs

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 ...
/ / Markets & Policy, Solar
Sri Lanka to Develop 28 Small Solar Power Projects

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 ...
/ / Markets & Policy, Solar
Zambia Awards 120 MW of Solar PV Projects

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 ...
/ / Solar, Utility Scale
PTC India FInancial and USICEF Partner to Finance Distributed Solar Projects in India

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 ...
/ / Finance and M&A, Solar
Suzlon Sells Two Solar Subsidiaries to ReNew Power for ₹297.3 Million

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 ...
/ / Finance and M&A, Solar
Solar Auctions Plummeted While Tender Activity Soars in March 2019

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

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 ...
/ / Solar, Utility Scale