Report Finds Municipalities Could Boost Rooftop Solar Adoption Using Bonds

SMC’s Plea to Enter New PPA for Rooftop Solar with Torrent Power at ₹11.33/kWh Rejected

The Gujarat Electricity Regulatory Commission (GERC) has declined a plea filed by the Surat Municipal Corporation (SMC) requesting the commission to direct project developer Torrent Power to enter into a ...
/ / Rooftop, Solar
NABARD Inks Pact with GCF to Infuse $100 Million for the Growth of Rooftop Solar in India

NABARD Inks Pact with GCF to Infuse $100 Million for the Growth of Rooftop Solar in India

The National Bank for Agriculture and Rural Development (NABARD) has signed an agreement with the Green Climate Fund (GCF) to infuse $100 million into a project designed to unlock private ...
/ / Rooftop, Solar
Solar: a Game Changer for India’s Agricultural Sector

Maharashtra Floats Tender for 100 MW of Solar Projects for Agricultural Feeders

The Maharashtra State Power Generation Company (MAHAGENCO) has issued two tenders (50 MW each) for 100 MW of grid-connected solar projects to be developed in the western region of the ...
/ / Solar, Tenders & Auctions
Technical Bids Aggregating 750 MW Received for UPNEDA’s 500 MW Solar Tender

NTPC Extends Bid Submission Deadline for its 1.2 GW Solar Tender

The National Thermal Power Corporation (NTPC) has extended the bid submission deadline for the tender to set up 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects in the ...
/ / Solar, Tenders & Auctions
Tamil Nadu’s Trichy Floats Tender for 2.4 MW of Solar Projects under Smart Cities Mission

Tamil Nadu’s Trichy Floats Tender for 2.4 MW of Solar Projects under Smart Cities Mission

The Tiruchirappalli Smart City Limited has tendered 2.4 MW of ground-mounted solar photovoltaic (PV) projects to be developed at sewage treatment plant (STP) Panchappur, located near Madurai By-Pass road in ...
/ / Solar, Tenders & Auctions
Solar and Wind Power Procurement Situation is a Mess

India’s First Mega Solar-Wind Hybrid Auction Sees Lowest Tariff of ₹2.67/kWh

In the first mega solar-wind hybrid auction conducted in the country by the Solar Energy Corporation of India (SECI), a tariff of ₹2.67 (~$0.03794)/kWh emerged as the lowest (L1) one ...
/ / Solar, Tenders & Auctions
Fund for Off-grid Solar in Kenya

Off-Grid Solar Solutions Provider SolarHome Raises $10 Million in Debt Financing

SolarHome, a Singapore-based Pay-As-You-Go (PAYG) off-grid solar solutions provider in southeast Asia, has raised $10 million in debt financing from a consortium of international investors, including Crowdcredit, a cross-border crowdfunding platform ...
/ / Finance and M&A, Solar
NTPC Issues Tender to Enlist Solar Module Suppliers and Manufacturers

NTPC Issues Tender to Enlist Solar Module Suppliers and Manufacturers

The National Thermal Power Corporation (NTPC) has issued a tender for enlisting solar photovoltaic (PV) module manufacturers and suppliers. The enlisted manufacturers or suppliers will supply modules for NTPC’s self-owned ...
/ / Solar, Tenders & Auctions
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules.  According to ...
/ / Markets & Policy, Solar
Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

Power Sale Agreements for 302 MW of Solar Projects Approved in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has approved power sale agreements (PSAs) for grid-connected solar photovoltaic (PV) projects totaling 302 MW under the Mukhyamantri Saur Krishi Yojana. MERC was reviewing ...
/ / Markets & Policy, Solar
Haryana Electricity Regulator Approves PPA with Deviations for a 10 MW Solar Project

Winning Tariffs Hover Around ₹3.02-3.08/kWh in Uttar Pradesh’s 550 MW Solar Auction

The National Thermal Power Corporation (NTPC) emerged as the lowest (L1) bidder in the auction conducted by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 550 MW ...
/ / Solar, Tenders & Auctions
Airports Authority of India Floats Tender for 1 MW Solar Project at Vijayawada Airport

Airports Authority of India Floats Tender for Electrical Work of 1 MW Solar Project at Vijayawada Airport

The Airports Authority of India (AAI) is on the lookout for a contractor to do the electrical work for a 1 MW grid-connected solar photovoltaic (PV) project at Vijayawada Airport. The bid-submission ...
/ / Solar, Tenders & Auctions
Tata Power Signs PPA with GE for Installation of Rooftop Solar Projects

West Bengal Issues Tender for 2 MW of Rooftop Solar Projects

The West Bengal Renewable Energy Development Agency (WBREDA) has tendered 2 MW of grid-connected rooftop solar projects to be developed on customers’ premises in residential, institutional, and social sectors. WBREDA ...
/ / Solar, Tenders & Auctions
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

Solar REC Trading Slumps While Non-Solar REC Trading Spikes in November 2018

With both solar and non-solar renewable energy certificate (REC) trading undergoing a reversal in the demand-supply situation, trading of solar RECs has witnessed a huge slump even as trade in ...
/ / Markets & Policy, Solar
Germany and India Sign a €200 Million Loan Agreement to Fund Renewable Projects

Delhi’s Residential Solar Program Offers Guaranteed Payment Security to Installers

The Delhi government recently approved the Mukhyamantri Solar Power Program to give the necessary and required impetus to solar power and its adoption in Delhi. This program will apply to ...
/ / Rooftop, Solar
Solar RPO In India

Noida Power Company’s Roadmap for Solar and Non-Solar RPO Fulfilment Gets its Go-Ahead

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted the submissions made by Noida Power Company Limited (NPCL) pertaining to the fulfilment of past renewable purchase obligations (RPO). NPCL’s submissions ...
/ / Markets & Policy, Solar
Tariff Disputes Threaten to Stall 970 MW of Solar Projects in Karnataka

200 MW of Solar Projects to be Developed in Kerala under IPP Mode

The Kerala State Electricity Regulatory Commission (KSERC) has approved the petition filed by the Kerala State Electricity Board (KSEB) seeking its nod for 200 MW of solar photovoltaic (PV) projects ...
/ / Markets & Policy, Solar
CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India Completes Acquisition of Suzlon’s Tornado Solarfarms for ₹325 Million

CLP India, one of the largest foreign investors in the Indian power sector, and domestic renewable energy project developer Suzlon have executed a deal for the sale of Tornado Solarfarms Limited to ...
/ / Finance and M&A, Solar
MERC Approves PPAs for Solar Projects Totaling 235 MW in Maharashtra

MERC Approves PPAs for Solar Projects Totaling 235 MW in Maharashtra

The Maharashtra Electricity Regulatory Commission (MERC) has approved power purchase agreements (PPAs) for grid-connected solar photovoltaic (PV) projects totaling 235 MW. MERC reviewed a petition filed by Maharashtra State Electricity ...
/ / Solar, Utility Scale
Decrease in Cost of Solar by 50% can Increase Solar Penetration by 8 Times: NITI Aayog

Tamil Nadu Floats Tender for 500 MW of Solar Projects with Tariff Ceiling of ₹3/kWh

The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has tendered 500 MW of grid-connected solar photovoltaic (PV) projects. The bid-submission deadline is December 27, 2018. TANGEDCO has fixed ₹3 (~$0.04257)/kWh ...
/ / Solar, Tenders & Auctions
Uttar Pradesh’s 550 MW Solar Tender Oversubscribed by 245 MW

Uttar Pradesh’s 550 MW Solar Tender Oversubscribed by 245 MW

Eight bidders have submitted bids aggregating 795 MW in response to Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)’s 550 MW grid-connected solar photovoltaic (PV) tender. The capacity, which ...
/ / Solar, Tenders & Auctions
Airports Authority of India Tenders 8 MW Solar Project at Karnataka’s Hubballi Airport

Airports Authority of India Tenders 8 MW Solar Project at Karnataka’s Hubballi Airport

The Airports Authority of India (AAI) is on the lookout for an engineering, procurement, and construction (EPC) contractor to develop an 8 MW grid-connected solar photovoltaic (PV) project at Hubballi airport. The ...
/ / Solar, Tenders & Auctions
Karnataka Proposes Reduction in BESCOM’S RPO Target from 13% to 12%

EIB, SBI and YES Bank to Cooperate for Wind Energy Financing in India

The European Investment Bank (EIB) has confirmed it is going to increase its support to investment in onshore wind through the expansion of an existing lending program with the State Bank ...
/ / Other, Wind
Renesola Announces Gross Profits of $8.6 Million in Q3 2018

Renesola Announces Gross Profits of $8.6 Million in Q3 2018

ReneSola Ltd, a fully integrated solar project developer and operator, has announced its unaudited financial results for the third quarter (Q3), ending September 2018. The gross profit was $8.6 million, compared ...
/ / Markets & Policy, Solar
MAHAGENCO Invites EoI to Set up Solar Manufacturing Unit in Maharashtra

OPIC provides $5.8 million to Solar Installation Company CrossBoundary Energy in Africa

The Overseas Private Investment Corporation (OPIC), a United States Government agency, has provided 600 million shillings (~$5.86 million) to CrossBoundary Energy, a Nairobi-based company which funds commercial and industrial solar ...
/ / Markets & Policy, Solar