Daily News Wrap-Up: India’s Solar Power Generation Rises to 95.15 BU in 2022

Daily News Wrap-Up: India’s Solar Power Generation Rises to 95.15 BU in 2022

India generated around 95.15 billion units (BU) of solar power in the calendar year (CY) 2022, a 38% increase compared to 68.77 BU generated last year. Solar generation has seen ...
/ / Daily Wrap-up
Juniper Green, EDF Renewables, ACME, and Solarcraft Win GUVNL’s 300 MW Wind Auction

Juniper, EDF Renewables, ACME, and Solarcraft Win GUVNL’s 300 MW Wind Auction

Juniper Green Energy, WYN Renewables (EDF Renewables), ACME Pokharan Solar, and Solarcraft Power India won the Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 300 MW of grid-connected ...
/ / Other, Wind
Sprng Energy, IB Vogt, Hinduja, Blupine Win GUVNL’s 500 MW Solar Auction

Sprng Energy, ib vogt, Hinduja, Blupine Win GUVNL’s 500 MW Solar Auction

Sprng Energy, ib vogt, Hinduja Renewables, and Solarcraft Power India 9 (Blupine Energy) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 500 MW of grid-connected solar ...
/ / Solar, Tenders & Auctions
Solar Project Tenders and Auctions Witness a Steady Decline in Q4 2022

Capacity of Solar Projects Tendered and Auctioned Decline in Q4 2022

Solar tenders floated by various agencies in India declined 32% quarter-over-quarter (QoQ) to 9.7 GW in the fourth quarter (Q4) of 2022 from 14 GW, according to Mercom India Research ...
Germany Ups Ceiling Tariff by 25% After Poor Response to Renewable Auctions

Germany Ups Ceiling Tariff by 25% After Poor Response to Renewable Auctions

The underwhelming response to solar and wind auctions in 2022 has prompted the Bundestag (German Parliament) to allow the Federal Network Agency (Bundesnetzagentur) to raise the tariff cap by up ...
Five Lowest Solar Tariffs in 2022 [Infographics]

Five Lowest Solar Tariffs in 2022 [Infographics]

Auction activity was robust in 2022, with 111.48 GW of solar capacity projects going under the hammer in 274 auctions. The lowest tariff discovered in 2022 was ₹2.29 (~$0.028)/kWh, an ...
SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender

SJVN, Scatec India, and O2 Power Win SECI’s 1.2 GW Wind Tender

SJVN, Scatec India II BV, and O2 Power have won Solar Energy Corporation of India’s (SECI) auction for 1.2 GW interstate transmission system (ISTS)-connected wind power projects (Tranche-XIII). SJVN won ...
/ / Other, Wind
Ayana and NTPC Win MSEDCL’s 250 MW Renewables with Storage Tender

Ayana and NTPC Win MSEDCL’s 250 MW Renewables with Storage Tender

Ayana Renewables and NTPC Renewable Energy won the Maharashtra State Electricity Distribution Company (MSEDCL) auction to procure 250 MW of flexible and schedulable power from grid-connected renewable energy projects with ...
Greenko Wins NTPC’s Tender for 3,000 MWh Energy Storage Project

Greenko Wins NTPC’s Tender for 3,000 MWh Energy Storage Project

Greenko Energies won the NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to ...
Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Wins SECI’s EPC Auction for 30 MW Floating Solar Projects

Gensol Engineering announced that it has won the auction to develop 30 MW floating solar projects by quoting ₹2.32 billion (~$28.64 million). The projects will be spread over three thermal ...
Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy Wins 255 MW Wind-Solar Hybrid Auction

Tata Power Renewable Energy (TPREL) was declared the winner in Tata Power Delhi Distribution’s (TPDDL) auction for 255 MW wind-solar hybrid power projects. The company has quoted a price of ...
NTPC, SJVN, Hinduja Win RUMSL’s Phase II 300 MW Floating Solar Auction at ₹3.69-3.70/kWh

NTPC, SJVN, Hinduja Win RUMSL’s Phase II 300 MW Floating Solar Auction at ₹3.69-3.70/kWh

NTPC Renewable Energy, SJVN Green Energy, and Hinduja Renewables were declared winners in Rewa Ultra Mega Solar’s (RUMSL) auction for the 300 MW floating solar park (Phase II) at the ...
/ / Solar, Tenders & Auctions
PTC India’s EoI to Procure 1 GW of Hybrid Power Receives Overwhelming Response

PTC India’s EoI to Procure 1 GW of Hybrid Power Receives Overwhelming Response

PTC India’s expression of interest (EoI) to procure 500 MW of hybrid renewable energy (wind and solar) (Tranche-I), with a greenshoe option for an additional 500 MW, has received a ...
/ / Solar, Tenders & Auctions
Rewa Ultra Mega Solar’s 300 MW Floating Solar Tender Oversubscribed by 700 MW

Rewa Ultra Mega Solar’s 300 MW Floating Solar Tender Oversubscribed by 700 MW

The Rewa Ultra Mega Solar Limited’s (RUMSL) tender to develop 300 MW of floating solar projects (Phase II) at the Omkareshwar reservoir in Madhya Pradesh has been oversubscribed by 700 ...
/ / Finance and M&A, Solar
Spain Auctions 146 MW of Biomass and 31 MW of Solar in October

Spain Auctions 146 MW of Biomass and 31 MW of Solar in October

The Spanish Ministry for Ecological Transition and Demographic Challenge (MITECO) has awarded 146 MW of biomass and 31 MW of distributed solar projects in the third auction under the Renewable ...
/ / Other, Renewable Energy
SJVN Bags 105 MW Floating Solar Project in Maharashtra

SJVN Bags 105 MW Floating Solar Project in Maharashtra

SJVN emerged as the winner in the Maharashtra State Power Generation Company’s (MSPGCL) auction to set up a 105 MW grid-connected floating solar project at Erai Dam Solar Park in ...
/ / Solar, Tenders & Auctions
Sprng Energy, Tata, ReNew, O2 Power Winners in RUMSL’s 750 MW Wind-Solar Hybrid Auction

Sprng Energy, Tata, ReNew, O2 Power Winners in RUMSL’s 750 MW Wind-Solar Hybrid Auction

Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared winners in Rewa Ultra Mega Solar Limited’s (RUMSL) auction for the development ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: Sterling and Wilson Solar to Develop 961 MW of Solar Projects in Nigeria

Blupine, Engie, Tata Power, UPC Renewables Winners in GUVNL’s 750 MW Solar Auction

Solarcraft Power India 2 (Blupine Energy), Solairedirect Energy (Engie), Tata Power Renewable Energy, and Utkrrisht Solar Energy (UPC Renewables) are the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to ...
/ / Solar, Tenders & Auctions
Linking Wind Tariff to Commodity Price Indices Could Mitigate Market Volatility GWEC

Linking Wind Tariff to Commodity Price Indices Could Mitigate Market Volatility: GWEC

The Global Wind Energy Council (GWEC) has suggested linking the tariff discovered in reverse auctions to commodity price indices to mitigate any volatility arising from an increase in the price ...
/ / Wind
NTPC and Avaada Energy Declared Winners in MSEDCL’s 500 MW Solar Auction

NTPC and Avaada Energy Declared Winners in MSEDCL’s 500 MW Solar Auction

NTPC Renewable Energy and Avaada Energy were declared winners in Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to procure power from 500 MW of grid-connected inter or intrastate solar projects ...
/ / Solar, Tenders & Auctions
JSW Renew Energy Wins SECI Tender for 1GWh Battery Energy Storage Systems

JSW Renew Energy Wins SECI Tender for 1 GWh Battery Energy Storage Systems

JSW Renew Energy Five Limited, a special purpose vehicle (SPV) of JSW Energy, has won Solar Energy Corporation of India’s (SECI) auction to set up pilot projects of 500 MW/1000 ...
A 1 kW Residential Rooftop Solar System in Jaipur to Cost ₹43,500

A 1 kW Residential Rooftop Solar System in Jaipur to Cost ₹43,500

Ajmer Vidyut Vitran Nigam (AVVNL) has announced the lowest (L1) bids for 55 MW of rooftop solar projects under the capital expenditure (CAPEX) model for three power distribution companies (DISCOMs) ...
/ / Solar, Tenders & Auctions
SJVN, Juniper Green, Tata Power, SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SJVN, Juniper Green, Tata Power, SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, SAEL, and Avaada Energy were declared winners in Maharashtra State Electricity Distribution Company’s (MSEDCL) auction to procure power from 500 ...
/ / Solar, Tenders & Auctions
Lowest Tariff of ₹2.84/kWh Discovered in GUVNL’s 500 MW Wind Auction

Lowest Tariff of ₹2.84/kWh Discovered in GUVNL’s 500 MW Wind Auction

Gujarat State Electricity Corporation (GSECL), Rajpur Renewables (EDF Renewables), Juniper Green Energy, Solarcraft Power India 3 (Blupine Energy), TEQ Green Power XII (O2 Power), ACME Pokhran Solar, and Project Twelve ...
/ / Other, Wind
Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program

Philippines Awards 1.57 GW of Renewables Under its Green Energy Auction Program

The Philippines' Department of Energy has awarded 19 contracts to develop 1.57 GW renewable energy projects under the first round of the 2 GW Green Energy Auction Program (GEAP). The ...
/ / Other, Renewable Energy