India

BHEL Commissions World’s 1st Solar Plant for Rail Traction Applications

BHEL has successfully commissioned a 1.7 MW solar plant in Madhya Pradesh for the Indian Railways, with the power being used for traction applications. Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 1.7 MW solar PV plant at Bina in Madhya Pradesh for the Indian Railways, with the plant directly feeding power to the […]

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CFM Partners With Ampyr for 138 MW Wind Energy Project in India

CFM has partnered up with Ampyr Energy for the development, construction and ownership of 138 MW wind projects located in the state of Karnataka, India. Climate Fund Managers (CFM), the manager of the Climate Investor One (CI1) financing facility, has announced that it has partnered up with renewable energy developer Ampyr Energy for the development, […]

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Tender Issued for 25 MW Canal Top Solar Plants in Karnataka

SSCL has tendered for setting up 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on DBFOT Basis. Shivamogga Smart City (SSCL) has issued a tender, inviting bids from eligible firms for setting up of 25 MW solar PV power plants on the Upper Tanga Canal Stretches […]

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Swelect Energy Systems Posts Rs 14.87 Crore Loss For March Quarter

Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore. Indian solar module manufacturer Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore in […]

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Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA

The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […]

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History Set To Be Rewritten In Indian EV Space, Says VC Analysis

Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty  goes on […]

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NHDC Empaneling Module Manufacturers for its Solar Projects

NHDC has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers for the development of its solar power projects NHDC Limited, a JV company between NHPC Ltd and the Government of Himachal Pradesh, has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers […]

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NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR

NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […]

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SECI Tenders for 5 MW Solar Power Plant at Tuticorin Port

SECI has issued a tender for setting up a 5 MW grid-connected solar PV power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible firms for setting up a 5 MW grid-connected solar PV power plant […]

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