Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar's SPV at ₹12.9 Million

Pharmaceutical Major Cipla Set to Acquire 26% Stake in AMP Solar’s SPV at ₹12.9 Million

A filing made at the Bombay Stock Exchange (BSE) states that Mumbai-based global pharmaceutical major Cipla Limited has signed an agreement to acquire 26% stake on a fully diluted basis ...
Pennar Was the Leading Solar Mounting Structure Supplier in 2018 Followed by SNS and Ganges

Pennar Was the Leading Solar Mounting Structure Supplier in 2018 Followed by SNS and Ganges

Pennar Industries was the top supplier of solar mounting structures in India, both in cumulative terms and in 2018, according to Mercom’s India 2019 Solar Market Leaderboard. SNS Corporation and ...
Old Off-Grid Solar Projects Could Soon Be Grid-Connected

MNRE’s NISE to Hold Workshop for Startups Specializing in Solar Technology in June 2019

The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE), is set to organize the fifteenth edition of its workshop on ...
India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

India’s Solar Industry Reacts to Modi Government’s Win in Lok Sabha Elections 2019

Stakeholders in India’s renewable energy sector are upbeat about the Bhartiya Janata Party (BJP) coming back into power for a second term under the leadership of Prime Minister Narendra Modi ...
Himachal Pradesh

Himachal Pradesh Sets Generic Tariffs for Solar Projects for Six Months

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set generic levelized tariffs for solar photovoltaic (PV) projects for the first six months of the financial year (FY) 2019-20. These generic tariffs ...
India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects

Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequently ...
China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China Approves Over 20 GW of Subsidy-Free Wind and Solar Projects

China has approved over 20 GW of solar and wind projects as part of its plan to install unsubsidized renewable energy projects in the country. This first batch of subsidy-free ...
Jharkhand Commission Approves PPA for 10 MW of Solar Projects

Jharkhand Commission Approves PPA for 10 MW of Solar Projects

The Jharkhand State Electricity Regulatory Commission (JSERC) has approved the procurement of 10 MW of solar photovoltaic (PV) power by Jharkhand Bijli Vitran Nigam Limited (JBVNL) from the Solar Energy ...
Railways Issues Solar Tender for 50 MW of Projects to be Developed in Bhilai

Northern Railways Floats Tender for 4.7 MW of Solar Rooftop Installations Across Stations

Under the Indian Railway Solar Mission, the Northern Railways has invited developers for setting up of 4.715 MW of rooftop installations. This tender consists of 133 installations of 10 kW ...
SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

SECI Extends Bid Submission Deadline for 500 MW of Solar Projects in Tamil Nadu

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender to set up 500 MW (Phase I) of grid-connected solar photovoltaic (PV) projects in ...
Solar Developer and Haryana Power Purchase Centre Spar Over Applicable Generic Tariff

Solar Developer and Haryana Power Purchase Centre Spar Over Applicable Generic Tariff

Siwana Solar Power Projects Private Limited, which has a 5 MW solar project installed at Mithi village in Bhiwani district, recently filed a petition before the Haryana Electricity Regulatory Commission ...
Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

Price War Not Desirable for Any Industry: An interview with Sungrow’s Sunil Badesra

In India, there are over 30 inverter suppliers, which means there’s healthy competition in the market. Over the past two years (2017 and 2018), the top four inverter suppliers in ...
IFC to Invest $150 Million in Aditya Birla Finance

Renewable Development Firm Lightsource BP Raises £150 million to Finance Solar Projects

Lightsource BP, a global renewable energy development firm, has raised £150 million in debt financing from Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor. The funds will be utilized ...
Rewa Solar Park Projects

Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park

Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India. The 250 MW solar project ...
ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

ACME, Adani, Essel Were the Top Solar Project Developers in India in 2018

In 2018, ACME, Adani, and Essel were the top three developers of utility-scale solar projects in India in terms of installed capacity and accounted for 27% of installations in the ...
Prism Johnson Acquires 30% Stake in Cleantech SPV to Build 22 MW of Captive Solar Projects

Rajasthan Clarifies How Wheeling Charges on Solar Projects are to be Applied

The Rajasthan Electricity Regulatory Commission (RERC) has dismissed petitions filed by captive solar project developers seeking relief from applicable wheeling and banking charges. In this case, the petitioners were: Goyal ...
West Bengal Invites Developers to Install 2 MW of Rooftop Solar Projects

Andhra Pradesh Approves DISCOM-Driven Rooftop Solar Program

The Andhra Pradesh Electricity Regulatory Commission (APERC) has approved a DISCOM-driven solar rooftop program proposed by the Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL). The APEPDCL had petitioned the ...
/ / Rooftop, Solar
Deadline for Self-certification of Solar Modules Extended by Another 3 Months

Rajasthan Invites Domestic Manufacturers to Supply 4,50,000 Chip Solar Cells

The Rajasthan Electronics and Instruments Limited (REIL) has issued a notice inviting tenders for the supply of chip solar cells of 2.87 Watt capacity from domestic manufacturers. The last date ...
Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus to Develop 150 MW of Solar Projects in Haryana as State Waives Open Access Charges

Amplus Energy Solutions has decided to make the most of the waiver provided to open access solar photovoltaic (PV) projects in Haryana. The company has secured an approval from the ...
Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar Secures $50 Million Term Loan from Credit Suisse

Canadian Solar has secured a $50 million term loan from Credit Suisse. Canadian Solar intends to deploy the term loan to support the development of international solar project pipeline and for ...
Madhya Pradesh’s 35 MW Solar Rooftop Tender Sets Historic Lowest Tariff of ₹1.58/kWh

Deadline for SECI’s 97.5 MW Rooftop Solar Tender Extended Again

The Solar Energy Corporation of India (SECI) has announced another bid extension date for its 97.5 MW grid-connected rooftop solar tender. The bid deadline has now been extended to May ...
/ / Rooftop, Solar
Second Phase of Grid-Connected Rooftop Solar PV Program Approved

Telangana Extends Bid Submission Deadline for its 31 MW Solar Rooftop Tender

The Telangana State Renewable Energy Development Corporation (TSREDCO) has extended the bid submission date of a tender it had issued on March 3, 2019, for a 31.12 MW grid-connected rooftop ...
/ / Rooftop, Solar
TANGEDCO Hands Over Solar and Wind Tendering Responsibilities to SECI

TANGEDCO Hands Over Solar and Wind Tendering Responsibilities to SECI

Prolonged payment delays to solar and wind developers seem to have tarnished the reputation of Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in the industry. In a significant development, the ...
Old Off-Grid Solar Projects Could Soon Be Grid-Connected

Old Off-Grid Solar Projects Could Soon Be Grid-Connected

The Ministry of New and Renewable Energy (MNRE) has received requests from state nodal agencies and implementing agencies for connecting old off-grid solar projects sanctioned under MNRE’s program to the ...
Brookfield Negotiates with ReneSola for its Distributed Solar Assets in China

Draft Model Regulation Issued for Grid-Interactive Distributed Renewable Sources

The Forum of Regulators (FoR) has issued draft model regulation for grid-interactive distributed renewable energy sources to be followed by all states in India. These regulations will apply to:  Prosumer ...