Coimbatore Smart City Issues Tender to Procure Energy Efficient LED Street Lights
Coimbatore Smart City has issued a tender for the replacement of existing conventional street lights by smart LED energy efficient lamps. The scope of work of this tender also includes ...
Tender Announced for 2 MW of Solar Projects at IIM Trichy
The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the ...
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund
The Ministry of New and Renewable Energy (MNRE) has announced the guidelines for the payment security mechanism (PSM) for projects allocated under the viability gap funding (VGF) program. This has ...
Phelan Energy Group Secures Financing for a 86 MW Solar Project in South Africa
Phelan Energy Group has announced that in December 2018, its subsidiary, Solar Capital reached financial close on its third solar project. The project, located in South Africa, has a capacity ...
Power Finance Corporation’s Acquisition of 52% Stake in REC Approved
The Competition Commission of India has announced that it has approved Power Finance Corporation’s (PFC) acquisition of 52% stake in Rural Electrification Corporation (REC). In December 2018, the acquisition received ...
India’s Private Player Distributed Solar Market to be $327 Million by 2023: GOGLA Report
India remains the world’s largest market for portable solar lantern. The Indian private player driven market for solar lanterns and solar home systems is expected to reach ₹26,178 million (~$327 ...
SECI Announces New Tender for 3 GW of Solar Projects Linked with 1.5 GW Manufacturing
The Solar Energy Corporation of India Ltd. (SECI) has issued a new tender to set up 3 GW of grid-connected solar photovoltaic (PV) capacity linked to 1.5 GW of solar ...
NLC India Inks Pact with TANGEDCO to Set Up 1 GW of Solar Projects in Tamil Nadu
Government-owned mining and power generating company, NLC India (NLCIL), has announced that it has signed a memorandum of understanding (MoU) with the Tamil Nadu government to develop 2,640 MW of ...
Micro and Mini Grids Could be the Answer to Grid Stability and Reliable Power in India
The demand for electricity in India is expected to continue its rise along with economic growth. Government-run electrification programs like the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) to ...
Adani Green Energy Acquires Remaining 51% Stake in Karnataka’s Kodangal Solar Parks
Adani Green Energy has announced the acquisition of a 51 percent equity share capital in Kodangal Solar Parks Private Limited (KSPPL), comprising a 20 MW solar project which was incorporated ...
SECI’s New 1,200 MW ISTS-Connected Solar Tender Comes with Tariff Ceiling of ₹2.65/kWh
The Solar Energy Corporation of India (SECI) has issued a tender for 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects to be developed across the country. The ...
India Extends $1.4 Billion Aid to Maldives, Joins Hands to Promote Renewables
The President of the Republic of Maldives was on a state visit to India recently. The visit has been fruitful for India’s renewable energy sector as the country has found ...
Electricity Demand in India Will Almost Triple Between 2018 and 2040: World Bank
More than 250 million people in South Asia live without access to electricity, which is a quarter of the global population living off the grid, reveals a new report In ...
India Was the Second Largest Solar Market in 9M 2018
India’s solar installations came in second worldwide during the first nine months of 2018 in terms of solar capacity addition. China added a whopping 34.5 GW of solar PV capacity ...
Shell to Acquire 49 Percent Stake in Cleantech Solar
Cleantech Solar, a Singapore-based renewable energy project developer, has announced that Shell Eastern Petroleum Ltd (Shell) will acquire a 49 percent interest in the company. The deal is expected to ...
NSEFI Issues Recommendations to Help Attain India’s Solar Targets
India has set a solar photovoltaic (PV) capacity addition target of 100 GW by 2022. According to Mercom’s India Solar Tracker, so far over 26 GW of solar PV capacity ...
India and France to Work Together for Expansion of Electric Vehicles
India and France have announced quite a few collaborations together lately to battle climate change affecting the world. The latest Memorandum of Understanding (MoU) has been signed between India’s Solar ...
New EV Charging Station Guidelines Announced
With the goal to facilitate the widespread adoption of electric vehicles (EV) in the country, the Ministry of Power (MoP) has announced guidelines and standards for the development of electric ...
India Joins Hands with Japan and France for a Sustainable Future
The Cabinet has approved a Memorandum of Understanding (MoU) between India and France in the field of energy efficiency. The MoU is a science and technology agreement, which involves knowledge ...
15 States in India Achieve 100% Household Electrification Under SAUBHAGYA Program
According to the government, 15 states in India have achieved 100 percent household electrification under Pradhan Mantri Sahaj Bijli Har Ghar Yojna (SAUBHAGYA) program so far. Mercom had reported on ...
Sindicatum Renewables Lists Green Bonds On London Stock Exchange
Sindicatum Renewable Energy Company Pte Ltd (Sindicatum), a developer and operator of clean energy projects in Asia, has listed its three guaranteed Indian Rupee (₹) and Philippine Peso (PHP) green ...
European Union to Join Hands with India for the Growth of Sustainable Technologies
The European Union (EU) has issued a joint communication to the European Parliament and the Council through which the EU aims to reinforce EU-India strategic partnership, build a strong partnership ...
NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network
NTPC Limited has signed a memorandum of understanding (MoU) with a host of vehicle aggregators for the development and utilization of public charging infrastructure across the country. Seven vehicle aggregators namely: Ola, ...
India was Among the Top Recipients of Electricity Financing During 2015-16: Report
India was among the top recipients of electricity financing during the year 2015-16, with two-thirds of total financing concentrated in South Asia, according to a report titled “Energizing Finance: Understanding ...
Indian Company Wins Auction to Build Albania’s First Solar Project of 100 MW
Albania, a country in the Balkan peninsula, has selected a group led by India Power Corporation Ltd. to build its first solar power project, reported Reuters. The project capacity is 100 ...
