Actis Acquires 400 MW of Solar Projects from ACME

Actis Acquires 400 MW of Solar Projects from ACME

UK-based investor Actis has completed the acquisition of two solar projects with a total capacity of 400 MW from ACME Solar Holdings Limited. The deal is expected to be valued ...
/ / Finance and M&A, Solar
ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

ReneSola Power Raises $12 Million to Construct 19 MW of Solar Projects in Poland

Solar developer ReneSola Power announced that it had raised €10.64 million (~$12 million) through bridge funding from Eiffel Energy Transition Fund to construct 19 MW of solar projects in Poland. ReneSola ...
/ / Finance and M&A, Solar
Andhra Pradesh Waives Stamp Duty, Reduces Registration Fee for 10 GW of Solar Projects

Andhra Pradesh Waives Stamp Duty, Reduces Registration Fee for 10 GW of Solar Projects

The government of Andhra Pradesh has issued an order allowing the exemption of stamp duty and reduction in the registration fee for lands for the development of solar projects. The ...
/ / Markets & Policy, Solar
CERC Approves Tariffs of ₹2.53_kWh and ₹2.65_kWh for 480 MW of Solar Projects

CERC Approves Tariffs of ₹2.53/kWh and ₹2.65/kWh for 480 MW of Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved tariffs for 480 MW of solar projects discovered by the Solar Energy Corporation of India (SECI) in its auction for 1.2 GW ...
Ayana Renewable Acquires Two Solar Projects in Karnataka from First Solar

Ayana Renewable Acquires Two Solar Projects in Karnataka from First Solar

Ayana Renewable Power Private Limited, backed by the U.K.-based CDC Group, has announced the acquisition of First Solar's two solar projects with a capacity of 40 MW. The company has ...
/ / Finance and M&A, Solar
Amp Energy, Tata, Azure, and O2 Power Winners in NTPC’s 1.2 GW Solar Auction

Amp Energy, Tata, Azure, and O2 Power Winners in NTPC’s 1.2 GW Solar Auction

O2 Power, Azure Power, Tata Power, and Amp Energy have together won 1,170 MW of projects in NTPC Limited’s auction for 1.2 GW of the interstate transmission system (ISTS) connected ...
No ISTS Charges on Solar and Wind Projects Until June 30, 2023

No ISTS Charges on Solar and Wind Projects Commissioned Before June 30, 2023

The Ministry of Power (MoP) has waived interstate transmission system (ISTS) charges and losses on all solar and wind projects commissioned before June 30, 2023. This would apply to solar, ...
Another Deadline Extension for SECI’s 5 GW Tender for Round-The-Clock Renewable Power

Another Deadline Extension for SECI’s 5 GW Tender for Round-The-Clock Renewable Power

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender to procure 5 GW of renewable power on a round-the-clock (RTC) basis complemented with ...
Long-Term Basic Customs Duty Crucial for India’s Solar Sector_ Roundtable

Long-Term Basic Customs Duty Crucial for India’s Solar Sector: Roundtable

Mercom India held a webinar on August 4, 2020, to discuss the pressing issues and opportunities in the Indian renewable energy sector amid the COVID-19 pandemic. The roundtable discussed the ...
/ / Markets & Policy, Solar
Central Electronics Limited Invites Bids for Supply of Solar Ribbons (1)

Central Electronics Limited Invites Bids for Supply of Solar Ribbons

Central Electronics Limited (CEL) has invited bids from eligible and approved bidders for the supply of solar ribbons. Solar ribbons are copper conductors installed in solar PV panels. These ribbons ...
BHEL Tenders Power Conditioning Units for NTPC’s 20 MW Solar Project in Gujarat

BHEL Tenders Power Conditioning Units for NTPC’s 20 MW Solar Project in Gujarat

Bharat Heavy Electricals Limited (BHEL) has floated a tender for 5 MW of power conditioning units (PCU) for NTPC Limited’s 20 MW solar project in Gandhar, Gujarat. The last date for ...
India’s Solar Generation Increased by 26% in Q2 2020

India’s Solar Generation Increased by 26% in Q2 2020

Between April and June 2020 (Q2), nearly 15.7 billion units (BU) of electricity was generated from solar-based sources, according to data from the Central Electricity Authority (CEA). This was a ...
SECI Disbursed ₹4.4 Billion to Solar and Wind Power Generators in June 2020

SECI Disbursed ₹4.4 Billion to Solar and Wind Power Generators in June 2020

The Solar Energy Corporation of India Limited (SECI) paid nearly ₹4.4 billion (~$58.8 million) to developers for the purchase of solar and wind power in June 2020. This represented about ...
China Adds 11.5 GW of Solar Capacity in the First Half of 2020

China Adds 11.5 GW of Solar Capacity in the First Half of 2020

According to the latest data released by the National Energy Administration (NEA), 11.52 GW of solar capacity was installed in China during the first half (1H) of 2020. Large-scale solar ...
/ / Markets & Policy, Solar
Tender Released for a 1.5 MW Solar Power Project in Kerala’s Palakkad District

Tender Released for a 1.5 MW Solar Power Project in Kerala’s Palakkad District

The Kerala State Electricity Board Limited (KSEBL) has invited bids from domestic bidders for engineering, procurement, and construction (EPC) contractors for a 1.5 MW grid-connected solar project in the state ...
Noida Floats Tender for 10 MW of Rooftop Solar Projects on its Buildings

NOIDA Floats Tender for 10 MW of Rooftop Solar Projects on its Buildings

The New Okhla Industrial Development Authority (NOIDA) has issued a request for proposal for 10 MW (AC) of rooftop solar projects on its buildings under the RESCO model. The scope ...
Gujarat’s Retender for 700 MW of Solar Gets Good Response, Oversubscribed by 600 MW

Gujarat’s Retender for 700 MW of Solar Gets Good Response, Oversubscribed by 600 MW

The Gujarat Urja Vikas Nigam Limited’s (GUVNL) tender for 700 MW of grid-connected solar projects in the state’s Dholera solar park (Phase IX) has been oversubscribed by 600 MW. The ...
Madhya Pradesh Seeks Interested Parties to Purchase Solar from RESCO Rooftop Systems

Madhya Pradesh Seeks Interested Parties to Purchase Solar from RESCO Rooftop Systems

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued an expression of interest (EoI) to purchase power from solar rooftop projects installed with ‘zero upfront investment’ through the RESCO ...
Funding and M&A Roundup_ Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Funding and M&A Roundup: Tokyo Gas Acquires 514 MW Solar Project, Northvolt Raises $1.6B

Here are some important funding and m&a updates from the global renewable energy industry from the past week: Northvolt, a lithium-ion battery manufacturer, announced the signing of a $1.6 billion ...
/ / Markets & Policy, Solar
SECI’s 7.5 GW Leh-Kargil Solar Tender Gets Another Bid Deadline Extension

SECI’s 7.5 GW Leh-Kargil Solar Tender Gets Another Bid Deadline Extension

The Solar Energy Corporation of India Limited (SECI) has extended the bid submission deadline for its tender for 7.5 GW of grid-connected solar power projects slated to be developed in ...
Rajasthan Electronics Issues Tender for 1 MW of Rooftop Solar Projects in Bihar

Rajasthan Electronics Issues Tender for 1 MW of Rooftop Solar Projects in Bihar

The Rajasthan Electronics and Instruments Limited (REIL) has invited bids for the supply, installation, testing, and commissioning of 1 MW of grid-connected rooftop solar projects across various locations in Bihar ...
Ministry of Renewable Energy Includes NHPC in its Dispute Resolution Committee

Ministry of Renewable Energy Includes NHPC in its Dispute Resolution Committee

The Ministry of New and Renewable Energy (MNRE) announced that it had added NHPC Limited under the purview of its Dispute Resolution Committee (DRC) and Dispute Resolution Mechanism (DSM). The MNRE said ...
Masdar, Jinko, and TAQA to Develop UAE’s 2 GW Al Dhafra Solar Project

Masdar, Jinko, and TAQA to Develop UAE’s 2 GW Al Dhafra Solar Project

The Emirates Water and Electricity Company (EWEC) announced that it has awarded the 2 GW Al Dhafra solar PV project to a consortium comprising Abu Dhabi National Energy Company (TAQA), ...
/ / Solar, Utility Scale
REIL Floats Tender for 6,500 Locally Made Polycrystalline Solar Modules

REIL Floats Tender for 6,500 Locally Made Polycrystalline Solar Modules

The Rajasthan Electronics and Instruments Limited (REIL) has issued tender for rate contract manufacturing of polycrystalline solar modules of 325W. If solar cells are domestically manufactured, the diffusion process on ...
Solar’s Share in India’s Installed Power Capacity Mix Inched Up to 9.9% During Q2 2020

Solar’s Share in India’s Installed Power Capacity Mix Inched Up to 9.9% During Q2 2020

Renewable energy’s share (including large hydro projects) inched up to 36.3% during the second quarter of 2020 (Q2 2020), up about 0.1% from the previous quarter, according to the data ...