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MNRE Introduces New Mode-7 For Development of RE Parks

A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued []

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Maharashtra Invites Bids For Setting Up 4 Solar Parks

Maharashtra is seeking solar power developers to set up four solar parks of cumulative capacity of 450 MW. The Maharashtra State Power Generation Company Ltd. (MSPGCL) has issued a tender inviting bid for the selection of Solar Project Developers (SPD) for development of four Solar Parks in the state. The following locations have been proposed for []

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Egypt Building One of the Worlds Largest Solar Parks

The park on completion will house 32 power stations across the 37 sq. km. site and will be able generating close to 1,650 MW of electricity. One of the worlds largest and most ambitious solar energy projects is underway at a site in the Western Desert, some 650 km south of Cairo. The Benban Solar []

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Adani Energy Acquires 100% Stake in Kodangal Solar Parks

The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital []

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Juwi Energies secures business for EPC of 250 MW Solar Parks in S.Africa

The USD 206 million contracts include the 86-MW Waterloo and the 78-MW Bokamoso solar plants, both to be located in North West Province, as well as the 86-MW Droogfontein 2 PV farm in the Northern Cape. Leading renewable energy development services provider, Juwi Energies has bagged contracts for Engineering, Procurement and Construction (EPC) and Operations and []

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MNRE Extends Timeline for Implementing 40 GW Solar Parks and Ultra Mega Solar Power Projects Scheme to 2021-22

The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement []

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IL&FS, SoftBank Partnered to Power 20 GW Solar Power Parks

The announcement came two months after the SoaftBank tied up with Chinas GCL System Integration Technology for Indian solar power venture worth Rs 6350 Crore. Both SB Energy, the power and energy investment arm of SoftBank and IL&FS Energy will develop grid-connected solar projects across the country. To support Prime Minister Narendra Modis ambitious renewable []

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Kalpataru Unveils Parkside Galleria, World Class Real Estate Experience Centre at Thane

Spread over 40,000 sq. ft., Parkside Galleria, is one of the biggest experience centres in the country Mumbai, Maharashtra, India Kalpataru Limited, Indias leading luxury real estate developer, has unveiled one of the countrys largest and one of its kind real estate experience centres, Parkside Galleria, at Kolshet Road in Thane. Comprising 40,000 square feet of []

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TEDA Seeks Bids for Solar Parks in Tamil Nadu

TEDA has set three objectives for development of solar parks in the state such as develop quality infrastructure for solar energy, bring appropriate technology to achieve optimum efficiency, and achieve energy security in the state of Tamil Nadu. Riding on the Vision Tamil Nadu 2023 for renewable energy and the renewable energy purchase Obligations (RPO) []

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