Indian Railways Plans to Source 1 GW of Solar, 200 MW of Wind Power by 2021-22

Indian Railways Plans to Source 1 GW of Solar, 200 MW of Wind Power by 2021-22

Indian Railways is planning to source approximately 1,000 MW of solar power and nearly 200 MW of wind power by 2021-22 across zonal railways and production units. Out of the ...
/ / Markets & Policy, Solar
Robotic Module Cleaning Company Skilancer Solar Gets Funding From Venture Catalysts

Robotic Module Cleaning Company Skilancer Solar Gets Funding From Venture Catalysts

Venture Catalysts, an integrated incubator, recently invested an undisclosed amount in Noida-based Skilancer Solar, a solar module cleaning solutions provider. Skilancer Solar specializes in providing a robotic cleaning system which ...
/ / Finance and M&A, Solar
MSEDCL Gets Tariff Approval from the Commission to Procure of 500 MW of Solar Power

MSEDCL Gets Tariff Approval from the Commission to Procure 500 MW of Solar Power

The Maharashtra Electricity Regulatory Commission (MERC) has approved the tariff discovered by MSEDCL through the competitive bidding process and has allowed the procurement of 500 MW of solar power on ...
/ / Markets & Policy, Solar
MERC Permits Adani to Renegotiate Tariff for 700 MW of Solar-Wind Hybrid Power

MERC Permits Adani to Renegotiate Tariff for 700 MW of Solar-Wind Hybrid Power

The Maharashtra Electricity Regulator Commission (MERC) has allowed Adani Electricity Mumbai Limited (AEML) to renegotiate a lower tariff for 700 MW of grid-connected solar-wind hybrid power. The Mumbai-based private power ...
MNRE Takes Stock of Insurance Products in Domestic Solar Market

MNRE Takes Stock of Insurance Products in Domestic Solar Market

The Ministry of New and Renewable Energy (MNRE) has issued a circular stating it has held talks with the Department of Financial Services, Ministry of Finance, and the Insurance Regulatory ...
/ / Markets & Policy, Solar
SunEdison’s Rooftop Solar Subsidiary Acquires Sherisha Solar

SunEdison’s Rooftop Solar Subsidiary Acquires Sherisha Solar

Chennai-based renewable energy company SunEdison Infrastructure Limited (formerly YKM Industries Limited) has informed that its subsidiary SIL Rooftop Solar Power Private Limited (SIL), has acquired 100% fully paid-up equity share ...
/ / Finance and M&A, Solar
UPERC Dismisses Amplus Green’s Plea to Term its 50 MW Solar Project as Captive

UPERC Dismisses Amplus Green’s Plea to Term its 50 MW Solar Project as Captive

The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently rejected Amplus Green Power Private Limited’s plea proposing its 50 MW solar project to be termed as a captive project. Amplus Green ...
/ / Markets & Policy, Solar
Rajasthan Seeks Consultants to Help Frame Tariff Regulations for Renewable Sources

Rajasthan Seeks Consultants to Help Frame Tariff Regulations for Renewable Sources

The Rajasthan Electricity Regulatory Commission (RERC) has issued a tender to engage consultants to assist in framing the terms and conditions for the determination of tariff for renewable sources from ...
/ / Solar, Tenders & Auctions
IFC to Lend $36 Million to Mahindra Renewables for a 250 MW Solar Project in Rajasthan

IFC to Lend $36 Million to Mahindra Renewables for a 250 MW Solar Project in Rajasthan

The International Finance Corporation (IFC), the financial arm of the World Bank, has announced its plan to lend $36 million (~₹2.57 billion) for a 250 MW solar project by Mahindra ...
Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Corporate Funding in 2019 Jumps 20% Reaching $12 Billion in the Solar Sector Globally

Total corporate funding in the solar sector increased by 20% in 2019, reaching $11.7 billion in 117 deals, up from $9.7 billion in 139 deals in 2018, according to Mercom ...
/ / Finance and M&A, Solar
NTPC Tenders for 550 kW of Rooftop Solar Systems at Thermal Power Stations in Odisha

NTPC Tenders for 550 kW of Rooftop Solar Systems at Thermal Power Stations in Odisha

The National Thermal Power Corporation Limited has floated a tender for the supply, installation, and commissioning of 550 kW of rooftop solar systems at thermal power stations in the state ...
Indian Railways Seeks to Empanel Construction Contractors to Develop Solar Projects

Indian Railways Seeks to Empanel Construction Contractors to Develop Solar Projects

IRCON International Limited (IRCON), (formerly Indian Railways Construction Company Limited), has invited an expression of interest (EoI) from specialist construction contractors to associate with IRCON for its upcoming projects. The ...
/ / Solar, Tenders & Auctions
Tata, Waaree, Inkel, Winners in Kerala’s 46.5 MW Rooftop Solar Auction

Tata, Waaree, Inkel, Winners in Kerala’s 46.5 MW Rooftop Solar Auction

The Kerala State Electricity Board Limited (KSEBL) has awarded 46.5 MW of rooftop solar capacity in a recently conducted auction to Tata Power, Waaree Group, and Inkel, a senior KSEBL ...
/ / Solar, Tenders & Auctions
Spain’s Solarpack to Develop 116 MW of Solar Projects in Northern Malaysia

Spain’s Solarpack to Develop 116 MW of Solar Projects in Northern Malaysia

Solarpack, a Spanish solar company, has signed a power purchase agreement (PPA) for 116 MW of solar projects in Malaysia. In August 2019, the company won the bid to develop ...
/ / Solar, Utility Scale
ONGC Issues Tender for 5 MW of Solar Projects at its Hazira Site in Gujarat

ONGC Issues Tender for 5 MW of Solar Projects at its Hazira Site in Gujarat

The Oil and Natural Gas Corporation Limited (ONGC), a government-owned oil and gas company, has floated a 5 MW tender along with seven years of operation and maintenance (O&M) at ...
/ / Solar, Tenders & Auctions
Assam Invites Bids for 30 MW of Solar Projects Under CPSU Program

Assam Invites Bids for 30 MW of Solar Projects Under CPSU Program

The Assam Power Distribution Company Limited (APDCL) has floated a tender to develop 30 MW of grid-connected solar PV power projects. The capacity has been tendered under the Central public ...
/ / Solar, Tenders & Auctions
CERC Denies Solar Developer’s Claim for Carrying Costs and O&M Expenses After GST Law

CERC Denies Solar Developer’s Claim for Carrying Costs and O&M Expenses After GST Law

The Central Electricity Regulatory Commission (CERC) has approved Parampujya Solar’s plea that the introduction of GST laws with effect from July 1, 2017, should be covered under the ‘Change in ...
/ / Markets & Policy, Solar
Jharkhand Issues Tender for 10 MW of Residential Rooftop Solar Projects

Jharkhand Issues Tender for 10 MW of Residential Rooftop Solar Projects

The Jharkhand Bijli Vitran Nigam Limited (JBVNL) has floated a tender for the empanelment of agencies to install grid-connected rooftop solar PV power projects of various capacities anywhere in the ...
/ / Solar, Tenders & Auctions
SECI Issues RfS for 1,200 MW of Solar Projects Under Tranche VIII of ISTS Program

SECI Issues RfS for 1,200 MW of Solar Projects Under Tranche VIII of ISTS Program

The Solar Electricity Corporation of India (SECI) has issued a detailed request for selection documents to set up 1,200 MW of interstate transmission system (ISTS) connected solar projects. The tender was ...
AECEA_ China Likely to Install 23-31 GW of Solar in 2020 as Uncertainty Grips

AECEA: China Likely to Install 23-31 GW of Solar in 2020 as Uncertainty Grips

In May 2018, the Chinese government abruptly decided to stop approving any new renewable projects until further notice. Back then, just half-way through the 13th five-year plan, the country had ...
/ / Markets & Policy, Solar
BHEL Seeks Vendors for Solar Floatation Platform for a 22 MW Project

BHEL Seeks Vendors for Solar Flotation Platform for a 22 MW Project

The Bharat Heavy Electricals Limited (BHEL), a Government of India undertaking, has floated a tender for the design and supply of a solar floatation platform of 22 MW capacity. The ...
/ / Solar, Tenders & Auctions
KPI Global Expands its Solar Power Project in Gujarat by 7.5 MW

KPI Global Expands its Solar Power Project in Gujarat by 7.5 MW

KPI Global Infrastructure Limited has announced that it has added 7.5 MW to its existing solar power project located in Amod taluka of Gujarat’s Bharuch district. As per a filing ...
/ / Solar, Utility Scale
Solar EPC Company Sterling & Wilson Repays ₹10 Billion in Outstanding Loan

Solar EPC Company Sterling & Wilson Repays ₹10 Billion in Outstanding Loan

Sterling and Wilson Solar Limited, the solar engineering and construction arm of the Shapoorji Pallonji Group, has paid ₹10 billion in dues (~$140.18 million) of its outstanding loan. This payment ...
/ / Solar, Utility Scale
SBI Floats Empanelment Tender for Solar Projects Under CAPEX and OPEX Models

SBI Floats Empanelment Tender for Solar Projects Under CAPEX and OPEX Models

The SBI Infra Management Solutions Pvt Ltd, a subsidiary of the State Bank of India, has invited an expression of interest (EoI) for the empanelment of contractors to install solar ...
/ / Solar, Tenders & Auctions
Over 181,000 Solar Water Pumps Installed in India

Over 181,000 Solar Water Pumps Installed in India

In response to an inquiry raised in the Lok Sabha, Union Power Minister R.K. Singh announced that over 181,000 solar water pumps had been installed across the country by October ...
/ / Off-grid, Solar