Coimbatore Smart City Issues Tender to Procure Energy Efficient LED Street Lights

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 ...
/ / Energy Efficiency, Other
NIWE, Solar Energy, Tamil Nadu, IIM, India, Tender

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 ...
/ / Solar, Tenders & Auctions
Payment Security Mechanism for Solar Projects under VGF Program Gets ₹5 Billion Fund

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 ...
/ / Markets & Policy, Solar
Phelan Energy Group Secures Financing for a 86 MW Solar Project in South Africa

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 ...
/ / Markets & Policy, Solar
German Solar Developer ib vogt GmbH Acquires Majority Stake in Singapore’s nv vogt

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 ...
/ / Markets & Policy, Solar
1 Million Solar Study Lamps Distributed by Government in Three Indian States

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 ...
/ / Off-grid, Solar
Upper Tariff Ceiling of ₹3.25/kWh Set for 500 MW Solar Tender in Uttar Pradesh

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 ...
/ / Solar, Tenders & Auctions
Jammu & Kashmir to get 23 GW of Solar Projects Starting With 2.5 GW in Kargil and 5 GW in Leh

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 ...
/ / Markets & Policy, Solar
ABB Commissions India’s First Industrial Solar Microgrid in Vadodara

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 ...
/ / Grid, Microgrid
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

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 ...
/ / Finance and M&A, Solar
MSEDCL Retenders 1 GW of Grid-Connected Solar Projects to Meet its RPO

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 ...
/ / Solar, Tenders & Auctions
Investments into Renewables in India Surpassed Fossil-Fuels in 2017: IEA

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 ...
/ / Other, Renewable Energy
India Generated 5.3 Billion Units of Solar Power in Q3 2017

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 ...
/ / Grid, Market & Policy
Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla

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 ...
/ / Markets & Policy, Solar
Shell to Acquire 49 Percent Stake in Cleantech Solar

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 ...
/ / Finance and M&A, Solar
Ceiling Tariff of ₹3.10/kWh Set for Maharashtra’s Solar Agricultural Feeder Program

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 ...
/ / Markets & Policy, Solar
Indian EV Start-Up Strom Motors Receives Angel Funding

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 ...
Jharkhand Adopts E-Mobility Program in Partnership With EESL

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 ...
Green Climate Fund Pledges $1 Billion to Fight Climate Change in Developing Countries

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 ...
/ / Other, Renewable Energy
15 States in India Achieve 100% Household Electrification Under SAUBHAGYA Program

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 ...
/ / Grid, Market & Policy
Sindicatum Renewables Lists Green Bonds On London Stock Exchange

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 ...
/ / Markets & Policy, Solar
SECI Scraps 300 MW Solar Capacity Awarded to Adani 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 ...
/ / Markets & Policy, Solar
NTPC Ties Up with Seven Vehicle Aggregators to Develop EV Charging Network

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, ...
Off-Grid Solar Products Sales in India Totaled $36 Million in the Second Half of 2017

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 ...
/ / Finance and M&A, Other
Indian Company Wins Auction to Build Albania’s First Solar Project of 100 MW

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 ...
/ / Markets & Policy, Solar