Solar Energy

CARE Downgrades Outlook of 11 Telangana Solar Firms

After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […]

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Australia Offers USD 340 Million in Climate Funding to Pacific Islands

Australia will be granting a USD 340 million climate change package to the pacific island countries to help them invest in renewable energy projects Prime Minister Scott Morrison has announced that Australia will be granting an AU$ 500 million (USD 340 million) climate change package to the pacific island countries. The move to grant the […]

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Assam Tenders for 8 MW Rooftop Plants in Residential Sector

Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […]

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BHEL Tenders for Solar Cable for 50 MW Solar Plant in Maharashtra

BHEL has tendered for 700 km solar cable for the MAHAGENCO 50 MW solar PV power project under development in Maharashtra Bharat Heavy Electricals Limited (BHEL) has issued a tender for the procurement of 4 sqm solar cable for the MAHAGENCO 50 MW solar PV power project under development in Kaudgaon, Maharashtra. The scope of […]

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Japan’s GPIF and ADB Partner to Finance Green Projects

ADB and Japan’s GPIF recently formed a partnership to support green project financing through investments in ADB’s green bonds. The Asian Development Bank (ADB) and Japan’s Government Pension Investment Fund (GPIF) recently formed a partnership to support green project financing through investments in ADB’s green bonds. “We are pleased to collaborate with GPIF on this […]

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Portugal Awards World’s Lowest Cost Solar Contract

Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […]

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Resiliency to Drive US Microgrid Growth: WoodMac

A new report has predicted that the US microgrid industry may find substantial future growth in areas that are repeatedly affected by power outages, as customers seek out resiliency solutions. The U.S. microgrid industry may find opportunities for substantial future growth in geographical areas that are repeatedly affected by power outages, as customers seek out […]

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Central Railways’ Danapur Division to go Solar

The East Central Railways’ Danapur division has reportedly taken a decision to switch completely from the conventional power to solar energy. The Indian Railways Danapur division has signed an agreement with a private company and is likely to install solar energy systems at all its main office buildings and railways stations by the end of […]

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TCIL Seeking Consultancy for Proposed Solar Power Projects in Assam

TCIL is seeking bids from eligible parties for providing comprehensive consultancy services for setting up solar power plant/ rooftop plants in Assam Telecommunications Consultants India Ltd. (TCIL) has issued a tender, seeking bids from eligible parties for providing comprehensive engineering consultancy services for setting up solar power plant/ rooftop plant and rooftop projects for solar […]

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