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Power Finance Corp More Than Doubled Q4 Profits

Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […]

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India Now the Lowest Cost Producer of Solar Power

A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […]

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Sixth Extension For SECI’s 97.5 Rooftop Scheme Tender

Bidders will now have until June 17, 2019, to submit their bids for the development of the rooftop solar projects under the scheme. The Solar Energy Corporation of India (SECI) has issued a notification amending the deadline for bid submission for its 97.5 MW grid-connected solar PV system rooftop scheme for government buildings. The nodal […]

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WB Announces Energy Partnership to Support Energy Storage in Developing Countries

The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […]

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EESL Issues Tender For Solar Projects Worth 100 MW in 3 States

The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […]

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Trina Solar Records 24.58% Efficiency For Mono-Crystalline Cell

Trina Solar’s State Key Laboratory (SKL) of PV Science and Technology (PVST) of China has set a new world record of 24.58% for a high-efficiency n-type monocrystalline silicon solar cell. Leading global PV and smart energy total solution provider, Trina Solar, has announced that its State Key Laboratory (SKL) of PV Science and Technology (PVST) […]

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CERC Drafts Outline For Power System Development Fund

The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […]

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Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project

Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […]

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Senvion and TWB II Secure Project Delivery of 200 MW Offshore Wind Farm

Senvion and Trianel Windkraftwerk Borkum II (TWB II) announced today to continue their cooperation agreement for the supply of turbines. The project partners have agreed on a new supply contract, which will ensure supply of wind turbines for the Trianel Borkum II wind farm. The remaining 17 of the 32 wind turbines are supposed to […]

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