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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
