Azure Power has raised nearly $500 million through the sale of bonds to overseas investors. The issue was oversubscribed by two times as investors offered to invest around $1 billion against the bond size of […]
New York-based private equity firm, Warburg Pincus has invested Rs 6.5 billion in CleanMax Solar. The funds will be used by CleanMax Solar to expand its footprint in the solar rooftop and open access markets […]
The Indian Renewable Energy Development Agency (IREDA) is planning to seek a loan worth $100 million from the World Bank for developing infrastructure in solar parks. In addition, the World Bank is providing low-cost financing […]
The Maharashtra State Power Generation Company (MAHAGENCO) has issued two separate solar tenders with a total capacity of 110 MW to be installed in Maharashtra. The bid submission deadline for the tenders is September 26, […]
As of July 2017, the cumulative installed solar capacity in the country has reached 13.6 GW. Out of this, 4.8 GW was installed in the first half of 2017 as compared to 4.3 GW of […]
The Indian Wind Energy Association (IWEA) has filed a petition in the Madras High Court against the Tamil Nadu Electricity Regulatory Commission’s order allowing TANGEDCO to conduct a 500 MW wind power project auction in […]
EESL has issued a tender for the supply of 5 million smart meters on behalf of the Haryana and Uttar Pradesh governments. The tender results are likely to be announced by end-August 2017.
Energy Efficiency Services Limited (EESL) has launched a tender for 200 MW of solar projects to be developed near pooling substations across Maharashtra. A company is eligible to bid for a minimum of 20 MW […]
The lowest tariff quoted under the 500 MW solar rooftop tender auctioned by the SECI has been recorded at Rs 2.20 per kWh. The tariff was quoted by Mundra Solar PV for an 11 MW […]
Premier Solar has set up an automated solar module manufacturing facility of 200 MW in Telangana’s Sangareddy district, taking the total module manufacturing capacity to 375 MW. The unit also houses a 50 MW solar […]
The Ujwal Discom Assurance Yojana (UDAY), the central government’s flagship programme aimed at achieving the financial turnaround of power distribution utilities, is making steady progress. Since its launch in November 2015, 26 states and the […]
The Delta Group has launched its outdoor energy storage system (ESS) cabinet. The ESS cabinet comprises lithium-ion batteries, a battery management system and in-built heating, ventilation and air conditioning system for thermal management. The ESS […]
The solar power market has been witnessing several innovations even as it rapidly approaches maturity. One such innovation is a nano coating introduced by Dr Aldrin Antony, a National Solar Science Fellow of the Ministry […]
Net metering is usually employed using two types of metering arrangements – unidirectional and bidirectional. A bidirectional meter displays both the energy consumed and supplied by the consumer on the same meter. In another metering […]
The renewable energy sector is flooded with players competing for a larger share of the market. In this regard, open access has been conceived as an important tool to give developers an option to sell […]
The National Energy Administration (NEA) of China recently released a detailed set of renewable energy targets under its Thirteenth Plan (2016-2020), setting a solar photovoltaic (PV) target of 190 GW to 200 GW by 2020. […]
The Indian Railways has launched its first 1,600 horsepower solar-powered diesel electrical multiple unit train. The train will run from Sarai Rohilla in Delhi to Farukhnagar in Haryana. A set of 16 solar panels has […]
Sangam Advisors Limited has been awarded a contract by MAHAGENCO to develop 4 MW of grid-connected solar projects. This comprises two projects of 2 MW each to be developed at Ralegan-Siddhi and Manjarda. The project […]
Madhya Pradesh Urja Vikas Nigam Limited has tendered 30 MW of grid-connected rooftop solar projects. The projects are to be developed through the Renewable Energy Service Company model. The scope of work includes design, engineering, […]
The Jharkhand Renewable Energy Development Agency has received renegotiated solar tariffs of Rs 4.99 per unit by developers for projects tendered under the state’s 1,200 MW mega auction held in 2016. Initially, the winning bids […]
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