KSEB Floats O&M Tender for 1 MW Solar Project in Palakkad

KSEB Floats O&M Tender for 1 MW Solar Project in Palakkad

The Kerala State Electricity Board (KSEB) has invited bids for an operation and maintenance (O&M) contract for three years for the 1 MW grid-connected, ground-mounted solar project on the premises ...
ReneSola Power's Revenue Up by 39% QoQ in Q1 2021

ReneSola Power’s Revenue Up by 39% QoQ in Q1 2021

ReneSola Power, a fully integrated solar project developer and operator, has announced the financial results for the first quarter (Q1) of the calendar year (CY) 2021. As per the financial ...
Tata Power Solar Bags EPC Contract for a 40 MW Solar Project from NHPC

Tata Power Solar Bags EPC Contract for a 40 MW Solar Project from NHPC

NHPC Limited has awarded the engineering, procurement, and construction (EPC) contract to Tata Power Solar Systems to develop a 40 MW solar project in the Ganjam district of Odisha. As ...
Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

Regulators Must Decide Incremental Tariff for Solar Safeguard Duty Compensation: APTEL

The Appellate Tribunal for Electricity (APTEL), in a recent order, directed the Karnataka Electricity Regulatory Commission (KERC) to decide the incremental tariff payable as compensation to the solar project developer ...
Bahrain Formula 1 Circuit Floats Tender for a 3 MW Solar Carport Project

Bahrain Formula 1 Circuit Floats Tender for a 3 MW Solar Carport Project

The Bahrain International Circuit, which hosts the Formula 1 Bahrain Grand Prix, has announced the launch of an international public tender for a solar carport project at the circuit. The ...
IREDA Invites Bids to Set Up Solar Module Manufacturing Capacities Under PLI Program

IREDA Invites Bids to Set Up Solar Module Manufacturing Capacities Under PLI Program

The Indian Renewable Energy Development Agency (IREDA) has invited bids for setting up manufacturing capacities for vertically integrated high-efficiency solar modules under the production-linked incentive (PLI) program. Manufacturers setting up ...
Torrent Power's Total Income Up by 13% in FY 2021

Torrent Power’s Total Income Up by 13% in FY 2021

Torrent Power has announced the results for the fourth quarter (Q4) of the financial year (FY) 2020-2021. As per the financial statement released by the company, the company reported a ...
Bids Invited for 5 MW of Rooftop Solar Projects on Government Buildings in Punjab

Bids Invited for 5 MW of Rooftop Solar Projects on Government Buildings in Punjab

The Punjab Energy Development Agency (PEDA) has invited bids for the design, manufacture, supply, erection, and commissioning of 5 MW of grid-connected rooftop solar projects on government buildings in the ...
Inflating Prices, Policy Bottlenecks Stall Rooftop Solar Progress Amid COVID Outbreak

Inflating Prices, Policy Bottlenecks Stall Rooftop Solar Progress Amid COVID Outbreak

The Renewable Energy Association of Rajasthan (REAR) has written to the Rajasthan Renewable Energy Corporation (RREC), requesting a deadline extension for rooftop solar projects to allow the stakeholders to cope ...
/ / Rooftop, Solar
Chhattisgarh Renewable Energy Agency Floats Tender for Solar Modules

Chhattisgarh Renewable Energy Agency Floats Tender for Solar Modules

The Chhattisgarh State Renewable Energy Development Agency (CREDA) has invited bids to standardize the rates for the supply of solar modules of different capacities (75 W- 315 W) for solar ...
SJVN Floats EPC Tender for a 75 MW Solar Project in Uttar Pradesh

SJVN Floats EPC Tender for a 75 MW Solar Project in Uttar Pradesh

SJVN Limited, a joint venture between the central government and Himachal Pradesh government, has invited bids for the end-to-end services, including design, engineering, supply, erection, testing, and commissioning of a ...
Adani Green Unit Transfers 74% Stake in Mundra Solar Energy to Adani Tradecom

Adani Green Unit Transfers 74% Stake in Mundra Solar Energy to Adani Tradecom

Adani Renewable Energy Holding Four Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has transferred 74% shareholding of Mundra Solar Energy Limited (MSEL) to Adani Tradecom LLP (ATLLP) ...
/ / Finance and M&A, Solar
Canadian Solar Reports 42% YoY Rise in Module Shipments

Canadian Solar Reports 42% YoY Rise in Module Shipments

Canada-based solar module manufacturer Canadian Solar released its financial results for the first quarter (Q1) of 2021. The company's net revenue in Q1 2021 grew by 32% year-over-year (YoY) and ...
/ / Finance and M&A, Solar
Madhya Pradesh Floats Tender for 270 MW of Solar Projects Under KUSUM Program

Madhya Pradesh Floats Tender for 270 MW of Solar Projects Under KUSUM Program

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids to set up 270 MW of grid-connected solar power projects of capacity 500 kW to 2 MW under Component ...
IFC to Invest $15 Million in a Fund For Clean Energy Projects in India and Bangladesh

IFC to Invest $15 Million in a Fund For Clean Energy Projects in India and Bangladesh

International Finance Corporation (IFC) – the financial arm of the World Bank – has proposed an equity investment of up to $15 million in South Asia Growth Fund II (SAGF II), ...
/ / Finance and M&A, Solar
Central Electronics Floats Tenders for 1.75 Million Multicrystalline Solar Cells

Central Electronics Floats Tenders for 1.75 Million Multicrystalline Solar Cells

Central Electronics Limited (CEL), a public sector enterprise, has floated tenders for 1.75 million multicrystalline solar cells. The tenders are for procuring 250,000 multicrystalline solar cells of wattage capacity of ...
Residential Solar Company Sunrun’s Total Revenue Up 59% YoY in Q1 2021

Residential Solar Company Sunrun’s Total Revenue Up 59% YoY in Q1 2021

Sunrun, one of the leading home solar, battery storage, and energy services companies in the United States, has announced financial results for the first quarter (Q1) of the calendar year ...
Himachal Pradesh Invites Bids for 1,700 Off-Grid Solar Systems in Tribal Areas

Himachal Pradesh Invites Bids for 1,700 Off-Grid Solar Systems in Tribal Areas

The Himachal Pradesh Energy Development Agency (Himurja) has invited bids for the supply, installation, and commissioning of 1,700 off-grid solar systems of 250 W capacity each in the premises of ...
/ / Off-grid, Solar
Haryana Issues Guidelines for Solar Parks by Private Developers

Haryana Issues Guidelines for Solar Parks by Private Developers

The New and Renewable Energy Department, Haryana, has issued guidelines for developing solar parks in the state by private entrepreneurs without central financial assistance. The solar park developers are required ...
Solar Developers Caught Between Time Extension and Safeguard Duty Reimbursement Pleas

Solar Developers Caught Between Time Extension and Safeguard Duty Reimbursement Pleas

Tata Power Renewable Energy Limited (TPREL) had filed petitions with the Uttar Pradesh Electricity Regulatory Commission (UPERC) on extending the validity of safeguard duty as a 'Change in Law' event ...
String Inverters for Optimizing Commercial Rooftop Solar Installations

String Inverters for Optimizing Commercial Rooftop Solar Installations

With cutting-edge innovations driving the solar space, technologically advanced string inverters are fast gaining popularity among solar developers. Although inverters account for 5% of the total project cost, they become ...
Solar Developer's Plea for Safeguard Duty Compensation Rejected as Premature

Solar Developer’s Plea for Safeguard Duty Compensation Rejected as Premature

The Maharashtra Electricity Regulatory Commission (MERC), in a recent order, dismissed the petition of ACME Heergarh Powertech, seeking compensation to offset the alleged financial impact that imposing safeguard duty led ...
SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increase in cost incurred due ...
Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green to Acquire SB Energy’s 5 GW Renewable Assets for $3.5 Billion

Adani Green Energy Limited (AGEL) has signed a share purchase agreement to acquire 100% stake in SB Energy India from Soft Bank Group (80%) and Bharti Group (20%). The transaction marks the ...
/ / Finance and M&A, Solar
SECI Pays ₹4.33 Billion to Solar, Wind Generators in March for Power Purchase

SECI Pays ₹4.33 Billion to Solar, Wind Generators in March for Power Purchase

The Solar Energy Corporation of India (SECI) paid nearly ₹4.33 billion (~$58.99 million) to solar and wind developers for the power it purchased in March 2021, as per the data ...