Funding and M&A Roundup: Sonnedix Acquires Solar Developer Sun Power Energy
From: Mercom Capital Group Sonnedix, an independent solar power producer (IPP), has acquired Warsaw-based Sun Power Energy, a solar project developer in Poland. The acquisition gives Sonnedix close to a ...
EoI Invited to Develop 120 MW of Solar Projects Along Maharashtra Prosperity Corridor
Maharashtra State Road Development Corporation Limited (MSRDC) has issued an expression of interest to develop 120 MW of solar projects on land available across the 701-kilometer Hindu Hrudaysamrat Balasaheb Thackeray ...
Developers Worried Over Proposed GST Hike on Solar Components from 5% to 12%
The Goods and Service Tax (GST) Council's recommendation to raise GST on solar components from 5% to 12% has project developers worried about its impact on project costs. The GST ...
NTPC Floats Tender for 300 MW of ISTS-Connected Wind Projects
NTPC Limited has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. The scope of work includes detailed design, engineering, micro-siting, manufacture, ...
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 ...
Here are the Top Global Large-Scale Solar Developers in the World
Mercom Capital Group has released a new report revealing the top 10 global large-scale solar PV developers. Adani Green Energy was the top solar photovoltaics (PV) developer in the world ...
Karnataka’s Tumakuru Smart City Releases Tender for 1.2 MW of Rooftop Solar Projects
Karnataka’s Tumakuru Smart City Limited (TSCL) has issued a request for proposal (RfS) seeking solar power developers to install 1.2 MW of rooftop solar systems on government buildings in the ...
ReNew Power, NLC India, and Azure Power, Top Utility-Scale Solar Developers in 2019
ReNew Power, NLC India, and Azure Power emerged as the top utility-scale solar project developers in India in terms of installed capacity in the calendar year (CY) 2019, according to ...
Maharashtra DISCOM Asked to Extend Commissioning Timeline for 100 MW of Wind Projects
The Maharashtra Electricity Regulatory Commission (MERC) has asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to extend the financial closure and scheduled commissioning dates for a wind power project ...
MERC Extends Commissioning Timeline for a Wind Project After Land Acquisition Delay
The Maharashtra Electricity Commission (MERC) has asked the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to extend the financial closure and scheduled commissioning dates of a wind project. The project ...
CERC Rules in Favor of PGCIL as a Wind Developer Fails to Achieve Timely Financial Closure
The Central Electricity Regulatory Commission (CERC) rejected a plea by Vaayu Renewable Energy Private Limited, a renewable energy developer, who filed a petition seeking for the commission to direct the ...
Adani Green’s Profit for Q2 FY20 Reaches ₹10.2 Million
Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, has announced its consolidated results for the first half of the financial year (FY) 2020 and the second ...
IPGCL Invites Bidders for 5 MW of Solar Rooftop Projects Under Open Category
The Indraprastha Power Generation Company (IPGCL) has floated a tender under the open category for 5 MW of grid-connected rooftop solar PV projects of various capacities across Delhi. The IPGCL ...
Intersolar Bangalore Day 1: Solar Industry Still in a Funk from Safeguard duty and GST
The Indian solar sector is still experiencing a hangover from the safeguard duty imposition and Goods and Services Tax (GST). This appeared to be the popular sentiment of solar project ...