Saudi Arabia and SoftBank Ink Deal to Develop World's Largest Solar Project

Saudi Arabia and SoftBank Ink Deal to Develop World’s Largest Solar Project

Japanese telecom giant-turned-tech investor SoftBank has announced plans to invest in creating the world’s largest solar power project in Saudi Arabia, according to Reuters. The project is expected to have ...
Four States Join UDAY

Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli, and Daman & Diu Join UDAY Program

Twenty-Seven Indian states and four union territories have so far joined the Ujwal DISCOM Assurance Yojana (UDAY) program which was implemented by the government of India to assist the financial ...
/ / Grid, Utilities
IFC to Invest $125 Million in Hero Future Energies

CleanMax Solar Raises $100 Million in Funding from Warburg Pincus

CleanMax Solar, an Indian rooftop solar developer, has raised $100 million (Rs.6.5 billion) in equity financing from Warburg Pincus, a New York-based private equity firm. CleanMax Solar will utilize the ...
/ / Finance and M&A, Solar
Solar Modules

EESL Issues Tender to Procure 300 MW of Solar Modules to Power Pump Sets

The Energy Efficiency Services Limited (EESL), a Joint Venture company of Public Sector Units of Ministry of Power and Government of India, tendered 300 MW of solar. The power generated ...
hitachi

Hitachi Enters Indian Solar Market with CleanMax Solar

Hitachi, a Japanese electronics conglomerate, has signed a Memorandum of Understanding (MoU) announcing its plans to enter the Indian solar market in collaboration with CleanMax Solar. The partnership aims to ...
/ / Rooftop, Solar
Utility-Scale Solar Project

SJVN Seeks Expressions of Interest In 500 MW of Solar Power

Earlier this month, Satluj Jal Vidyut Nigam (SJVN) Limited, a joint venture between the Governments of India and the state of Himachal Pradesh, announced that they were seeking Expressions of ...
/ / Solar, Utility Scale
Battery storage

NTPC Tenders 6 MW of Battery Energy Storage System for 17 MW Solar Project in South Andaman

The National Thermal Power Corporation (NTPC) invited bids to develop 6 MW, 24 MWh Battery Energy Storage System (BESS) at Manglutan in South Andaman. The bid submission deadline is July ...
UDAY

States of Meghalaya, Tripura, Arunachal Pradesh and Kerala Join India’s UDAY

Twenty-six Indian states and union territories have so far joined the Ujwal DISCOM Assurance Yojana (UDAY) program which was implemented by the government of India to assist the financial turn ...
/ / Grid, Utilities
REC

Rural Electrification Corporation Powers 130 Million Rural Households

The Rural Electrification Corporation (REC) has electrified 13,04,63,046 rural households, so far. There were 17,75,90,317 unelectrified rural households, but the REC has achieved close to two-thirds of the target. About ...
/ / Grid, T&D
UDAY Sikkim

Sikkim Becomes 22nd UDAY Signatory

Benefits of ~Rs.2.07 Billion ($0.03101 Billion) to be Realized by the State Sikkim has become the 21st Indian state to join the Ujwal DISCOM (distribution company) Assurance Yojana program. Sikkim ...
/ / Grid, Utilities
REC Jharkhand

Rural Electrification Corporation Signs MoU Worth Rs.151.5 Billion (~$2.25 billion) in Jharkhand to Connect State to the Grid

The Rural Electrification Corporation (REC) has signed a memorandum of understanding (MoU) with the state government of Jharkhand worth Rs.151.5 billion (~$2.25 billion). An MoU was signed with Jharkhand Bijli ...
/ / Grid, T&D
Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu Becomes 21st Indian State to Join UDAY

Tamil Nadu has become the 21st state in India to join the Ujwal DISCOM Assurance Yojana (UDAY), a government program designed to facilitate financial turnaround of DISCOMs (distribution company). Tamil Nadu ...
/ / Grid, Utilities
UDAYTelangana Assam

Telangana and Assam Join UDAY Program

The Indian states of Telangana and Assam became the 19th and 20th signatory states of the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program, a government program designed to bring ...
/ / Grid, Utilities