Solar Projects

SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra

The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […]

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NTPC Looking to Enlist Inverter Vendors For its Solar Projects

The last date for receipt of enlistment applications is March 8, 2019. NTPC Limited has issued a Notice Inviting Applications (NIA), inviting applications from eligible bidders for vendor enlistment of inverter-inverter transformer package for development of solar power projects of NTPC. The brief scope of work enlisted vendors will include the supply, type testing, supervision […]

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Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa

The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA – an affiliate of SolarAfrica. Commercial Energy SA offers […]

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Adani to Invest Rs 55k Cr in Gujarat including Solar Projects

Further, this will lead to creation of over 50,000 new direct and indirect jobs in the state. Billionaire Gautam Adani has announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Speaking at the […]

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Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects

Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […]

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BlackRock Sells 14 French Solar Projects to International Consortium

The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […]

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Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects

Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […]

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Solar FlexRack Completes Shipments of New TDP 2.0 Solar Trackers to 17 MW of Solar Projects in Georgia

Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced today it has completed shipments of its new TDP 2.0 Solar Trackers to SolAmerica Energy to be installed in eight solar projects located across the state of Georgia. The new Solar FlexRack 2.0 Tracker with BalanceTrac introduces a technology […]

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Rupee fall puts Rs 28,000 crore solar projects at risk

With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […]

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