SunSource Raises Funds For Development of Solar Projects in Low-Income States

SunSource Raises Funds For Development of Solar Projects in Low-Income States

SunSource Energy Private Limited, an Engineering Procurement and Construction (EPC) services provider, has announced that it has raised capital from Neev Fund for the development of solar projects across various ...
/ Finance and M&A, Solar
Goyal_ Indian Railways Plans to Invite Bids for the Development of More Solar Projects

Goyal: Indian Railways Plans to Invite Bids for the Development of More Solar Projects

The Indian Railways is preparing to release tenders for the development of solar projects that will expand the company’s footprint in the Indian solar sector, according to Union Railway Minister ...
/ Solar, Tenders & Auctions
ProjectCo Invites EPC Contractors to Develop 40 MW Solar Project in Malawi

ProjectCo Invites EPC Contractors to Develop 40 MW Solar Project in Malawi

Malawi-based Special Purpose Vehicle (SPV) ProjectCo, incorporated to develop, finance, build, own and operate solar energy projects, has invited bids from interested Engineering Procurement Construction (EPC) contractors for the development of ...
/ Solar, Utility Scale
L&T Construction Bags 200 MW Solar Projects in Rajasthan and Tamil Nadu

L&T Construction Bags 200 MW Solar Projects in Rajasthan and Tamil Nadu

The Engineering Procurement and Construction (EPC) company Larsen & Toubro (L&T) Construction has bagged two grid-connected solar photovoltaic (PV) projects worth ₹5.9 billion (~$92 million) to be developed in the states of ...
/ Solar, Utility Scale
State Determined Feed-In Tariff to Apply to Small Solar and Wind Projects

Feed-In Tariffs to Make a Comeback in India for Small Solar and Wind Projects

The Ministry of New and Renewable Energy (MNRE) has issued a clarification that calls for procuring power from small solar and wind projects through feed-in tariffs determined by their respective ...
/ Markets & Policy, Solar
Solar Projects Have an Economic Rate of Return of 7.4% according to MNRE Draft Report

Solar Projects have an Economic Rate of Return of 7.4 Percent: MNRE Draft Report

The Ministry of New and Renewable Energy (MNRE) has released a draft study report that analyzes the economic rates of return for various renewable energy technologies in India. The draft ...
/ Markets & Policy, Solar
NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

NTPC to Tender 20 GW of Grid-Connected Solar PV Under Developer Mode

The National Thermal Power Corporation (NTPC) has announced that it will tender 20 GW of grid-connected solar photovoltaic (PV) projects in coming years. The decision was announced at the ninth ...
/ Solar, Tenders & Auctions
Government Announces $350 Million Solar Development Fund for Project Financing

Government Announces $350 Million Solar Development Fund for Project Financing

The government has announced the setting up of a whopping $350 million (~₹22.4 billion) solar development fund to enable financing of solar projects in the country. The announcement was made ...
/ Finance and M&A, Solar
India’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations

India’s Energy Storage Industry Buoyant Despite Recent Tender Cancellations

India is on the cusp of a revolution in energy storage, according to key industry players. This was the sentiment at the well-attended 5th Energy Storage India Conference held in ...
/ Energy Storage, Market & Policy
SECI Tenders Over 275 MW of Grid-Connected Solar Projects in Uttar Pradesh

Breaking: SECI Tenders 275 MW of Grid-Connected Solar Projects in Uttar Pradesh

The Solar Energy Corporation of India has (SECI) tendered 275 MW of grid-connected solar photovoltaic (PV) projects to be developed in the Uttar Pradesh Solar Park. SECI confirmed to Mercom ...
/ Solar, Tenders & Auctions
CERC waives ISTS

CERC Waives Inter-State Transmission Charges for Solar Projects

In a welcome move for the solar project developers in the country, the Central Electricity Regulatory Commission (CERC) has waived the transmission charges for using the Inter-State Transmission System (ISTS) ...
/ Markets & Policy, Solar
US Says India Failed to Comply with WTO Ruling in Solar DCR Case

India Failed to Comply with WTO Ruling in Solar DCR Case: US

In the ongoing saga of the World Trade Organization (WTO) solar Domestic Content Requirement (DCR) case between the U.S. and India, the U.S. has communicated to the WTO that India ...
/ Markets & Policy, Solar
MAHAGENCO Tenders 300 MW of Grid-Connected Solar

MAHAGENCO Tenders 300 MW of Grid-Connected Solar to Be Developed on a PPP Basis

The Maharashtra State Power Generation Company (MAHAGENCO) has issued three separate tenders for a total of 300 MW of grid-connected solar capacity. The capacity will be developed on a public ...
/ Solar, Tenders & Auctions
MAHAGENCO Invites Expression of Interest for 50 MW of Solar in Maharashtra

MAHAGENCO Invites Expression of Interest for 50 MW of Solar in Maharashtra

The Maharashtra State Power Generation Company (MAHAGENCO) has invited expression of interest (EoI) from developers, landowners, and bidders for the development of up to 50 MW of solar power projects ...
/ Solar, Tenders & Auctions
SECI Opens Financial Bids for 13 MW of Grid-Connected Solar Projects

SECI Opens Financial Bids for 13 MW of Grid-Connected Solar Projects

The Solar Energy Corporation of India (SECI) has opened the financial bids to develop 13 MW of grid-connected solar photovoltaic (PV) projects in two separate auctions. SECI tendered an 8 ...
/ Solar, Tenders & Auctions
New Goa Solar Policy Targets 150 MW of Solar by 2021

New Goa Solar Policy Targets 150 MW of Solar by 2021

The government and cabinet of ministers of Goa have approved the state’s Draft Solar Policy 2017, which sets a target of achieving 150 MW of solar by 2021. The policy ...
/ Markets & Policy, Solar
SMA Solar Has Sold Over 3 GW of Solar Inverters in India

SMA Solar Has Sold Over 3 GW of Solar Inverters in India

SMA Solar has announced that it has sold over 3 GW of solar inverters in India cumulatively including more than 1 GW in 2017 into all market segments. SMA inverter ...
/ Inverters & BOS, Solar
KREDL Tenders 860 MW of Large-Scale Solar Projects in Karnataka

Breaking News: KREDL Tenders 860 MW of Large-Scale Solar Projects in Karnataka

The Karnataka Renewable Energy Development Limited (KREDL) has issued a tender for allotment of 860 MW (20 MW x 43 Taluks) grid-connected solar projects in 43 selected taluks in Karnataka ...
/ Solar, Tenders & Auctions
Spanish Photovoltaic Union and NSEFI Collaborate to Promote Solar in India

Spanish Photovoltaic Union and NSEFI Collaborate to Promote Solar in India

The Spanish Photovoltaic Union (UNEF) and the National Solar Energy Federation of India (NSEFI) have formed a partnership to promote solar energy and promote the interests of the solar sector ...
/ Markets & Policy, Solar
SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

SgurrEnergy India On Track to Surpass 15 GW of Solar Project Consulting in 2018

Solar energy consultancy SgurrEnergy India is celebrating 10 years of delivering engineering and consultancy services to solar projects in India. The company has over 100 customers and is involved in ...
/ Markets & Policy, Solar
MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

MNRE to Tender 17 GW of Solar and Over 3.5 GW of Wind Projects by March 2018

Following a recent lull in tender activity, the Ministry of New and Renewable Energy (MNRE) is preparing to announce a spate of tenders for solar projects in the coming four ...
/ Markets & Policy, Solar
PPA for the 250 MW Solar Project in Kadapa Solar Park to be Signed Soon

PPA for the 250 MW Solar Project in Kadapa Solar Park to be Signed Soon

The Power purchase agreement (PPA) for the 250 MW grid-connected solar photovoltaic (PV) project to be developed in Kadapa Solar Park will be signed soon. An Andhra Pradesh State Power ...
/ Markets & Policy, Solar
India Generated 5.3 Billion Units of Solar Power in Q3 2017

India Generated 5.3 Billion Units of Solar Power in Q3 2017, a 91 Percent Increase YoY

Solar accounted for 5.3 billion units (BU) of electricity produced in India during the third quarter (Jul-Sep) of 2017, a 91 percent increase over the third quarter of 2016, according ...
/ Markets & Policy, Solar
Financial Innovation Enables Scatec Solar to Launch Projects Worth Nearly $1 Billion

Financial Innovation Enables Scatec Solar to Launch Projects Worth Nearly $1 Billion

Innovative ways to raise capital, ranging from Islamic Green Bond to climate finance, has enabled Scatec Solar to launch 758 MW of clean energy projects on three continents - Asia, ...
/ Finance and M&A, Solar
Grid-Connected Solar PV Projects Tendered for Cochin Airport

9.9 MW of Grid-Connected Solar PV Projects Tendered for Cochin Airport

CIAL Infrastructures Ltd., a wholly owned subsidiary of Cochin International Airport Ltd., has issued tenders to develop a total of 9.9 MW of grid-connected rooftop solar photovoltaic (PV) projects.  The ...
/ Solar, Tenders & Auctions