Bihar Sets Solar PV Generic Tariff at ₹4.17/kWh for FY 2018-19

Gujarat’s 700 MW Solar Tender Oversubscribed by Over Two Times

The Gujarat Urja Vikas Nigam Limited (GUVNL)’s 700 MW grid-connected solar photovoltaic (PV) tender has been oversubscribed by over two times. A GUVNL official informed Mercom that bids aggregating 1,750 ...
/ / Markets & Policy, Solar
Solar Developers Win Four Project Commissioning Delay Cases in Telangana

African Development Bank Approves $18 Million Loan for a 50 MW Solar Project in Kenya

The African Development Bank (AfDB) has approved a senior loan of $18.17 million for the development of 50 MW Kopere solar power project in Nandi County, Kenya. The project also ...
/ / Finance and M&A, Solar
India’s Solar Market Share Leaders for First Half of 2018 Revealed

EBRD and Green Climate Fund to Lend $73.5 Million to Kazakhstan’s 100 MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has signed an agreement with a German company, Joachim Goldbeck Holding GmbH,  to develop a 100 MW solar project in the Karaganda region ...
/ / Finance and M&A, Solar
Uttar Pradesh Invites Bids for 200 MW in its Private Sector Owned Solar Park

Uttar Pradesh Invites Bids to Set Up 200 MW Solar Park

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids from a selection of solar park developers to develop 200 MW solar park in the state through ...
/ / Solar, Tenders & Auctions
Madhya Pradesh’s Rewa Ultra Mega Solar Limited Issues 1,500 MW Solar Tender

Madhya Pradesh’s Rewa Ultra Mega Solar Limited Issues 1,500 MW Solar Tender

Rewa Ultra Mega Solar Limited (RUMS) has tendered a total of 1,500 MW of grid-connected solar photovoltaic (PV) projects which will be developed across three solar parks in the state ...
/ / Solar, Tenders & Auctions
Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla

Azure Power Closes $88 Million in Financing for its 200 MW Solar Project in Bhadla

Azure Power (NYSE: AZRE), an independent solar power producer, has achieved financial closure for a 200 MW grid-connected solar photovoltaic (PV) project to be developed in the Bhadla Solar Park, Rajasthan ...
/ / Finance and M&A, Solar
Gujarat Floats Tender for 700 MW of Grid-Connected Solar Projects

Gujarat Floats Tender for 700 MW of Grid-Connected Solar Projects

The Gujarat Urja Vikas Nigam Limited (GUVNL) has tendered 700 MW of grid-connected solar photovoltaic (PV) power projects to be set up under Phase III of Raghanesda Solar Park located ...
/ / Solar, Tenders & Auctions
ACME Commissions a 200 MW Solar Project in Rajasthan’s Bhadla Solar Park

ACME Commissions a 200 MW Solar Project in Rajasthan’s Bhadla Solar Park

ACME Solar Holdings, an Indian renewable energy developer, has commissioned a 200 MW solar power project at Bhadla Solar Park, located in Rajasthan. The project is designed using the latest 1,500 ...
/ / Markets & Policy, Solar
Proposed Reductions in Solar Project Commissioning Timelines Not Enough to Reach 100 GW

Proposed Reductions in Solar Project Commissioning Timelines Not Enough to Reach 100 GW

The Ministry of New and Renewable Energy (MNRE) has recently proposed to reduce the commissioning timelines of solar projects to meet the country’s target of 100 GW of solar capacity ...
/ / Markets & Policy, Solar
Gujarat Invites EoI to Develop 1,000 MW of Solar Projects at Dholera Solar Park

MNRE Proposes Reducing Commissioning Timelines for Solar Projects

A proposal has been made once again to amend the competitive bidding guidelines for the procurement of power from grid-connected solar photovoltaic (PV) projects. This time around, the Ministry of ...
/ / Markets & Policy, Solar
Gujarat Invites EoI to Develop 1,000 MW of Solar Projects at Dholera Solar Park

Gujarat Invites EoI to Develop 1,000 MW of Projects at Dholera Solar Park

The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expression of interest (EoI) from project developers to develop 1,000 MW of grid-connected solar PV projects in the Dholera Special Investment ...
/ / Solar, Tenders & Auctions
UPNEDA Issues Draft Guidelines for Private Solar Parks in Uttar Pradesh

UPNEDA Issues Draft Guidelines for Private Solar Parks in Uttar Pradesh

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued draft guidelines for setting up private solar park in the state. The draft is open for comments up ...
Developers who have projects under development need to use the pass through option due to safeguard duty that was imposed recently on solar imports

Tata Power to Develop 250 MW of Solar Projects at Pavagada Solar Park

Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power, has received a Letter of Award from Karnataka Renewable Energy Development Limited (KREDL) to develop 250 MW ...
/ / Markets & Policy, Solar
MNRE Extends Implementation Timeline for 40 GW of Solar Parks in India

MNRE Extends Implementation Timeline for 40 GW of Solar Parks in India

The Ministry of New and Renewable Energy (MNRE) has extended the implementation timeline of 40 GW of solar parks in India. Per an MNRE order, “The timeline for development of ...
Tata Power Commissions 100 MW of Solar Projects in Ananthapuramu Solar Park

Tata Power Commissions 100 MW of Solar Projects in Ananthapuramu Solar Park

Tata Power Renewable Energy Ltd. (TPREL), a subsidiary of Tata Power, has announced the successful commissioning of two solar projects of 50 MW each in Ananthapuramu Solar Park, located in ...
SECI Extends Bid-Submission Deadline for 750 MW Solar Tender

SECI Extends Bid-Submission Deadline for 750 MW Solar Tender

The Solar Energy Corporation of India (SECI) has extended the bid-submission deadline for the 750 MW of grid-connected solar photovoltaic (PV) capacity it had tendered in January 2018. The capacity ...
BHEL Bags Orders Worth ₹1.25 Billion for Two Solar Projects in Gujarat

BHEL Bags Orders Worth ₹1.25 Billion for Two Solar Projects in Gujarat

Bharat Heavy Electricals Limited (BHEL), a public sector undertaking (PSU) involved in the manufacturing of electrical equipment, has announced that it has bagged orders worth ₹1.25 billion (~$0.019 billion) for ...
/ / Solar, Utility Scale
ACME Wins SECI’s 75 MW Solar Auction Quoting a Tariff of ₹ 3.32/kWh

ACME is the Winner in SECI’s 75 MW Solar Auction Quoting a Tariff of ₹3.32/kWh

ACME Solar Holdings, an independent power producer (IPP) has won a SECI auction to develop 75 MW of solar projects in Parasan Solar Park, located in the state of Uttar ...
MNRE Amends Guidelines for Selection of Solar Park Developers

MNRE Amends Guidelines for Selection of Solar Park Developers

The Ministry of New and Renewable Energy (MNRE) has amended the guidelines for the selection of solar power park developers (SPPDs) through tariff-based competitive bidding process. The MNRE has amended ...
Sprng Energy, Ayana and SB Energy are the Winners in 750 MW NTPC Auction

Sprng Energy, Ayana and SB Energy are the Winners in 750 MW NTPC Auction

Sprng Energy, Ayana Renewable Power, and SB Energy were winners in the recently conducted auction by the National Thermal Corporation of India (NTPC) for 750 MW of solar projects in ...
TEDA Invites Expression of Interest for the Development of 500 MW Solar Park in Tamil Nadu

TEDA Invites Expression of Interest for the Development of 500 MW Solar Park in Tamil Nadu

The Tamil Nadu Energy Development Agency (TEDA) has invited expressions of interest (EoIs) for the development of 500 MW solar park in the state. The bid-submission deadline is June 7, ...
Gujarat to Develop India’s Largest 5 GW Solar Park

Gujarat to Develop India’s Largest 5 GW Solar Park

Gujarat will soon have the largest solar park at a single location in India as the state government has approved the establishment of a 5,000 MW in Dholera Special Investment ...
/ / Markets & Policy, Solar
MNRE Amends CFA Guidelines for Utilities Developing Solar Park Evacuation Infrastructure

MNRE Amends CFA Guidelines for Utilities Developing Solar Park Evacuation Infrastructure

The Ministry of New and Renewable Energy (MNRE) has amended the payment guidelines for the Central Financial Assistance (CFA) received by the state/central transmission utilities (STU/CTU) involved in the development ...
/ / Markets & Policy, Solar
KREDL Extends Bid Submission Deadline for 1.2 GW Solar Tender Up to March 5, 2018

KREDL Extends Bid Submission Deadline for 1.2 GW Solar Tender Up to March 5, 2018

The Karnataka Renewable Energy Development Limited (KREDL) has extended the bid submission deadline for its 1,200 MW grid-connected solar photovoltaic (PV) project tender. Project developers can now submit their bids ...
/ / Solar, Tenders & Auctions
KSERC Sets ₹3.90/kWh as Interim Tariff for Power Purchased from IREDA

KSERC Sets ₹3.90/kWh as Interim Tariff for Power Purchased from IREDA

The Kerala State Electricity Regulatory Commission (KSERC) has approved ₹3.90 (~$0.062)/kWh as the interim tariff for the electricity supplied from the 50 MW Kasargod Solar Park set up in Ambalathara ...
/ / Markets & Policy, Solar