NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC, SJVN, NHPC, NLC, and IRCON Win IREDA’s 5 GW CPSU Solar Auction

NTPC Limited, SJVN, NHPC, NLC India, and IRCON International were declared winners in the Indian Renewable Energy Development Agency’s (IREDA) auction for 5 GW of grid-connected solar projects (Tranche-III) under ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up POWERGRID Infuses ₹4.07 billion in EESL

Daily News Wrap-Up: POWERGRID Infuses ₹4.07 Billion in EESL

Here are some noteworthy cleantech announcements of the day from around the world: Power Grid Corporation of India, an Indian State-owned electric utility, has infused ₹4.07 billion  (~$55.35 million) in ...
/ / Other, Renewable Energy
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh

The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
/ / Mercom Research Focus, Other
Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

Adani and ReNew Power Win the Largest Capacities in SECI’s 1.2 GW Wind Auction

ReNew Power, Green Infra Wind Energy (Sembcorp), Anupavan Renewables (EverGreen), Adani Renewable Energy, and Azure Power were declared winners in Solar Energy Corporation of India’s (SECI) auction for 1,200 MW ...
/ / Solar, Tenders & Auctions
Chile Announces the Lowest Bid of $0.01332kWh in its Renewable Energy Auction

Chile Announces the Lowest Bid of $0.01332/kWh in its Renewable Energy Auction

The National Energy Commission of Chile (CNE) has announced the list of bidders for the procurement of 2.31 TWh/year of renewable energy. The lowest bid submitted was $0.01332 (~₹0.98)/kWh, with ...
/ / Other, Renewable Energy
Bids Invited for 600 MW of Renewable Energy Projects in Australia

Bids Invited for 600 MW of Renewable Energy Projects in Australia

The government of the Australian state Victoria has issued a request for proposal (RfP) under the Second Victorian Renewable Energy Target Auction (VRET2) to develop at least 600 MW of ...
/ / Solar, Tenders & Auctions
Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender

Guaranteed Offtake the Reason for Success of MSEDCL’s 500 MW Solar Tender

Stakeholders in the solar industry believe that tariffs in upcoming solar auctions are likely to settle around ₹2.50 (~$0.034)/kWh, given the spike in module and commodity prices. Developers are bracing ...
NTPC, NLC India, Ayana, and Azure Power Winners in SECI’s 1.2 GW Wind-Solar Hybrid Auction

NTPC, NLC India, Ayana, and Azure Power Winners in SECI’s 1.2 GW Wind-Solar Hybrid Auction

NTPC Limited, NLC India, Project Ten Renewable Power (Ayana Renewable Power), and Azure Power were declared winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW interstate ...
/ / Solar, Tenders & Auctions
Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

Germany Allocates 156 MW of Solar Plus Storage in Innovation Auction

German Federal Network Agency Bundesnetzagentur has announced the auction results for the 250 MW solar innovation auction. In all, 16 solar plus storage projects with a combined capacity of 156 ...
/ / Solar, Tenders & Auctions
Tata Power Solar Wins SECI’s 20 MW Solar with 50 MWh of Battery Energy Storage Auction

Tata Power Solar Wins SECI’s 20 MW Solar with 50 MWh of Battery Energy Storage Auction

Tata Power Solar Systems has won Solar Energy Corporation of India’s (SECI) auction for a 20 MW solar power project with a 50 MWh battery energy storage system (BESS). The project ...
/ / Solar, Tenders & Auctions
Neemuch Auction

RUMSL’s 500 MW Neemuch Solar Auction Gets Lowest Tariff of ₹2.14/kWh

TP Saurya, a Tata Power subsidiary, and AlJomaih Energy and Water Company are winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 500 MW of projects at the ...
/ / Solar, Tenders & Auctions
Solar Developers Finding it Difficult to Bid Below ₹2.50kWh As ALMM Takes Effect

Solar Developers Finding it Difficult to Bid Below ₹2.50/kWh as ALMM Takes Effect

Solar developers are finding it challenging to execute solar projects with a tariff lower than ₹2.50 (~$0.034)/kWh with the Approved List of Models and Manufacturers (ALMM) restrictions. According to the ...
South Korea Allocates Over 2 GW of Solar Projects in Latest Auction

South Korea Allocates Over 2 GW of Solar Projects in Latest Auction

The Korean New and Renewable Energy Center (KNERC), a division of Korea Energy Agency, has announced that it has allocated 2.05 GW of solar capacity in its latest auction. In ...
Germany Allocates 665 MW of Solar Projects in Latest Auction

Germany Allocates 665 MW of Solar Projects in Latest Auction

German Federal Network Agency Bundesnetzagentur has announced the auction results for ground-mounted and rooftop solar projects. The last date for the submission of bids was June 1, 2021. The maximum value for ...
NTPC and SolarArise win RUMSL’s 450 MW Shajapur Solar Auction; Lowest Tariff - ₹2.33/kWh

NTPC and SolarArise Win RUMSL’s 450 MW Shajapur Solar Auction; Lowest Tariff – ₹2.33/kWh

NTPC Renewables and Talettutayi Solar Projects Nine (SolarArise) were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 450 MW of solar projects at the Shajapur Solar ...
RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

RUMSL’s 550 MW Solar Auction Won by Avaada Energy and O2 Power

Avaada Energy and O2 Power were declared winners in the Rewa Ultra Mega Solar Limited’s (RUMSL) auction for 550 MW of solar projects at the Agar Solar Park in Madhya ...
Tata Power and Azure Power Winners in MSEDCL’s 500 MW Wind-Solar Hybrid Auction

Tata Power and Azure Power Win MSEDCL’s 500 MW Wind-Solar Hybrid Auction

Tata Power and Azure Power were declared winners in the Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) auction to procure power from 500 MW of from grid-connected interstate and intrastate ...
Uttar Pradesh Scraps 500 MW Solar Auction, Plans to Re-Auction Hoping for Lower Bids

Uttar Pradesh Scraps 500 MW Solar Auction, Plans to Re-Auction Hoping for Lower Bids

In a new development, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has canceled its 500 MW solar auction. An official statement from UPNEDA stated that the auction ...
Commission Approves Tariff Adoption for GUVNL’s 500 MW Solar Tender Auction

Commission Approves Tariff Adoption for GUVNL’s 500 MW Solar Auction

The Gujarat Electricity Regulatory Commission (GERC) has allowed Gujarat Urja Vikas Nigam (GUVNL) to adopt the tariff discovered through a competitive bidding process for procuring power from grid-connected solar photovoltaic ...
Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements

Smoothening the Rough Ride from Tenders and Auctions to Signing Power Sale Agreements

According to the Q4 & Annual, 2020 India Solar Market Quarterly Update, in 2020, about 32.5 GW of tenders were announced by various agencies, and over 22 GW of projects ...
/ / Markets & Policy, Solar
GUVNL's 500 MW Solar Auction Gets Lowest Tariff of ₹2.20_kWh

First Auction After BCD: GUVNL’s 500 MW Solar Auction Gets Lowest Tariff of ₹2.20/kWh

Sprng Ujjvala Energy, NTPC Renewable Energy, Coal India, and TP Saurya-a Tata Power subsidiary - were declared winners in the Gujarat Urja Vikas Nigam Limited's (GUVNL) auction to purchase power ...
Lowest Tariff of ₹2.77/kWh Quoted in SECI’s 1.2 GW Wind Auction

Lowest Tariff of ₹2.77/kWh Quoted in SECI’s 1.2 GW Wind Auction

Adani Renewable Energy, Ayana Renewable Power, Evergreen Power, and JSW Future Energy won 1.2 GW of wind power projects in the Solar Energy Corporation of India’s (SECI) auction to select ...
/ / Wind
U-Solar Wins SECI's EPC Services Auction for a 5 MW Solar Project at Tuticorin Port

U-Solar Wins SECI’s EPC Services Auction for a 5 MW Solar Project at Tuticorin Port

U-Solar Clean Energy has said it has won 5 MW of grid-connected, ground-mounted solar projects at the V. O. Chidambaranar Port Trust at Tuticorin, Tamil Nadu, in a tender floated by ...
APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction

APTEL Provides Interim Relief to Developers in the Scrapped GUVNL 700 MW Solar Auction

The Appellate Tribunal for Electricity (APTEL) has directed the Gujarat Urja Vikas Nigam Limited (GUVNL) to extend the validity of bids placed by developers in its scrapped 700 MW solar auction ...
Rising Sun Energy Bags a 190 MW Project in Rajasthan’s Nokh Solar Park From NTPC

Rising Sun Energy Bags a 190 MW Project in Rajasthan’s Nokh Solar Park from NTPC

Rising Sun Energy, a New Delhi-based independent power producer, won 190 MW of solar projects quoting a tariff of ₹2.25 (~$0.031)/kWh in NTPC Limited’s auction for 190 MW of grid-connected ...