SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs
The Central Electricity Regulatory Commission (CERC) recently passed an order asking Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) to pay the requested compensation to Wardha ...
Sweden’s Azelio Installs Round-the-Clock Energy Storage System in Morocco
Azelio, a Swedish renewable energy storage company, has completed installing a renewable energy storage system with round-the-clock clean power production at the Noor Quarzazate solar complex in Morocco. According to ...
Gujarat May Charge ₹0.5 Million/MW for Solar Projects to Build Evacuation Facility
The Gujarat Electricity Regulatory Commission (GERC) has invited public opinion on a draft paper discussing issues in establishing tariff for solar power procurement by distribution licensees. The last date for ...
Maldives to Develop 21 MW of Solar Projects Across Six Islands
Maldives has issued a tender inviting interested bidders to participate in the pre-qualification process for installing 21 MW of grid-tied solar systems in six major islands. These islands are Addu ...
Total to Acquire 50% Stake in Adani Green’s Solar Portfolio for $510 Million
Total, a French oil and gas major, has entered into an agreement with Adani Green Energy Limited (AGEL) to acquire a 50% stake in a joint venture company for $510 ...
SECI Issues Tender for 14 MW of Solar with 42 MWh Battery Storage in Leh and Kargil
The Solar Energy Corporation of India (SECI) has issued a tender for setting up 14 MW of solar power projects with 42 MWh battery storage system (7MW/21 MWh each) at ...
CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost
In its recent order, the Central Electricity Regulatory Commission (CERC) has reiterated its opinions on the restitution principle in power purchase agreements in the face of a Change in Law ...
Budget 2020 Allocates ₹220 Billion to Power & Renewable Energy Sector, Empowers Consumers
Amid the ongoing economic slowdown, the Union Budget 2020-21 has tried to instill hope in the investors and taxpayers. The Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in ...
CERC Orders NTPC to Pay ACME Solar GST Relief Along With Late Payment Surcharge
The Central Electricity Regulatory Commission (CERC) has directed the National Thermal Power Corporation (NTPC) to pay the dues claimed by ACME Solar along with late payment surcharge within 30 days ...
SECI Announces Deadline Extension for Two Solar Tenders Totaling 7.9 GW
The Solar Energy Corporation of India Limited (SECI) has once again extended the deadline for the submission of bids for its mega solar tender of 7.5 GW capacity. These grid-connected ...
Tech Based O&M for Solar Projects Can Optimize Cost-Effectiveness and Sustainability
As the renewable sector matured in India towards competitive bidding, the emphasis shifted from building capacities at a brisk pace towards cost-effectiveness and even portfolio consolidation. Project operations and maintenance ...
GERC Allows Changes to Force Majeure Clause for GUVNL’s 500 MW Solar Tender
The Gujarat Electricity Regulatory Commission (GERC) has approved the changes to the Ministry of Power’s guidelines relating to force majeure (unforeseen) events, as sought by Gujarat Urja Vikas Nigam Limited ...
France’s Technique Solaire Commissions 20 MW of Solar Project in Maharashtra
French company Technique Solaire has commissioned a total capacity of 20 MW (AC) of solar projects in Maharashtra. This is the second project of the company in India. This ground-mounted ...
CERC Asks NTPC to Refund Solar Developer’s ₹10 Million Deducted as Liquidated Damages
The Central Electricity Regulatory Commission (CERC) has directed the National Thermal Power Corporation (NTPC) to refund the performance bank guarantee (PBG) of ₹10 million (~$140,800) along with interest to Prayatna ...
Saudi Arabia Announces a 1.2 GW Solar Tender
In line with the country’s National Renewable Energy Program, the Ministry of Energy of Saudi Arabia has issued the request for qualification (RfQ) for four solar projects with a cumulative ...
Spain’s Solarpack to Develop 116 MW of Solar Projects in Northern Malaysia
Solarpack, a Spanish solar company, has signed a power purchase agreement (PPA) for 116 MW of solar projects in Malaysia. In August 2019, the company won the bid to develop ...
SBI Floats Empanelment Tender for Solar Projects Under CAPEX and OPEX Models
The SBI Infra Management Solutions Pvt Ltd, a subsidiary of the State Bank of India, has invited an expression of interest (EoI) for the empanelment of contractors to install solar ...
West Bengal Seeks Consultancy Service for 200 MW of Solar Projects
The West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited an Expression of Interest (EoI) for consultancy services for 200 MW of solar projects in the state to be ...
SECI’s 7.5 GW Solar Tender for Leh and Kargil Gets Another Deadline Extension
The Solar Energy Corporation of India Limited (SECI) has extended the bid submission deadline for its mega solar tender that calls for 7.5 GW of grid-connected solar power projects in ...
BHEL Seeks Cable Suppliers for 175 MW of Solar Projects in Gujarat
Bharat Heavy Electricals Limited (BHEL), a public sector undertaking (PSU), has issued a request for quotation (RfQ) for high-tension (HT) cables for two solar projects with the Gujarat State Electricity ...
Solar Auction Activity Increased in October with 1.3 Gigawatts
Auction activity increased in October 2019 while tender announcements decreased compared to the previous month, according to Mercom India solar tender tracker. About 2.7 GW of solar tenders were floated ...
GAIL Floats Tender for 3.2 MW of Rooftop Solar Projects for its Premises Across India
The Gas Authority of India (GAIL) has floated a tender for the installation of rooftop solar projects with a total capacity of 3.2 MW at various locations of GAIL across ...
South Africa Eyeing Old Solar, Wind Projects to Reduce Tariffs
The government of South Africa recently held discussions with power producers to procure cheaper electricity from older renewable energy projects. Although the government has not made any formal proposal to ...
Assam Floats Tender for a 20 MW Solar Project at Namrup Thermal Station
The Assam Power Generation Corporation Limited (APGCL) has issued a request for proposal (RfP) for a 20 MW solar power project at the state’s Namrup Thermal Power Station. The scope ...
Corporate Funding for Solar Sector Globally Rises by 34% With $9 Billion in 9M 2019
Total corporate funding (including venture capital/private equity, public market, and debt financing) in the first nine months (9M) of 2019 was up with $9 billion raised, compared to $6.7 billion ...
