Solar Park

India: Karnataka retenders 200MWPavagada Solar Park

Karnataka will procure electricity generated from the solar power park through long-term power purchase agreements of 25 years. The Karnataka Renewable Energy Development Limited (KREDL), the renewable energy implementing agency in Karnataka, has retendered 200 MW of solar capacity at Pavagada Solar Park. The tender was initially issued in July 2017 but was withdrawn the […]

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Kent Coast to Get United Kingdom’s Biggest Solar Park

Cleve Hill could have a capacity approximately of 350MW as compared to Wiltshire’s 69MW. A huge solar power plant is now planned for the north Kent coast to be the UK’s biggest solar park, will help providing a significant boost to an industry in which subsidies were halted 18 months ago by the ministers. After being […]

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TATA Power Commissions 25MW Solar Power Plant in Gujarat

The total installed operating capacity for TPREL with this project now stands at 1484 MW. Tata Power’s wholly-owned subsidiary, Tata Power Renewable Energy Ltd. has successfully commissioned a 25MW solar power plant in Charanka, Gujarat Solar Park. The company secured the project in November 2016 through viability gap funding mode under the National Solar Mission […]

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]

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Implementation of GST to Hit Solar Capacity Addition in 2018

2018 will be a different story for the solar industry because of confusion over applicability of the GST on solar products, and this will affect the solar addition capacity in coming year. India has installed around 4800MW solar capacity in the in calendar year 2017, compared to 4038MW commissioned in 2016. Also, it is expected […]

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TMEIC Powers Up 350 Units of SOLAR WARE Inverters for SB Energy Holdings Limited

TMEIC’s SOLAR WARE inverters are highly engineered utility-scale PV inverter with the most advanced multi-level switching technology, delivering high energy efficiency (98.7%), and a lower equipment footprint, thus leading to an unparalleled yield on customer investment. Bangalore-based TMEIC Industrial Systems India Pvt. Ltd. has successfully supplied 350 units of 1MW SOLAR WARE inverters to SB […]

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Philips Lighting secures renewable energy certificates in the Gulf region

Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […]

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EBRD Invests in Second Solar Park in Kazakhstan

The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […]

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