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Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […]

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Railways Should use Sections of its Extensive Network for Transmission Infrastructure: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) in its latest report has shown how by facilitating electricity transmission routes, the Indian Railways could fast-track the energy transition. The report, Indian Railways at the Junction, suggests that transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables. […]

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Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK

Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […]

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Bengaluru’s Three Wheels United Enters Third Derivative’s Inaugural Cohort

A Bengaluru based, Three Wheels United (TWU) has announced their selection in the Third Derivative’s inaugural cohort of climate innovation startups, in a press release on 2nd December 2020. TWU a tech-enabled financier of light electric vehicles is one of the 50 climate innovation startups, selected from more than 600 applicants across 60+ countries. Founded […]

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Tender Issued for Installation of Solar PV Systems at Households Across Goa

GEDA has tendered for the installation of solar PV systems at various households across Goa under the Remote Village Electrification Scheme The Goa Energy Development Agency (GEDA) has issued a tender for the installation of solar PV systems at various households across Goa under the Remote Village Electrification (RVE) Programme.  In June, it was reported […]

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SJVN Enlisting EPC Firms for Development and O&M of 100 MW+ Solar Plant

SJVN is enlisting EPC vendors for the development of a 100 MW+ solar PV power plant anywhere in India along with its O&M. SJVN Ltd, a joint venture of the Government of India and the Government of Himachal Pradesh, has issued an Expression of Interest (EoI) for the enlistment of EPC vendors for the development […]

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SECI Extends Deadline for 15 MW Floating Solar Tender in Himachal Again

SECI has extended the bid submission deadline for its tender for a 15 MW floating solar PV power plant at the Nangal Pond in Himachal Pradesh. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the selection of a project developer for setting up of 15 MW […]

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Ecoppia IPO in Israel Signals Maturity In Robotic Cleaning For Solar

Ecoppia Scientific Ltd, the Israel-based leader in water-free solar panel cleaning robots, has raised USD 82.5 million from institutional investors in its initial public offering (IPO) in Tel Aviv. That has supported the firm’s IPO completion with the public. Listing should happen this week. The IPO values the company at around USD 300 million, it […]

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ReneSola Power Inks Solar-Plus-Storage Power Purchase Agreement with Valley Clean Energy

ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, announced today that it signed a power purchase agreement (“PPA”) for a solar and battery system with Northern California-based Valley Clean Energy (“VCE”), a public electricity provider serving over 125,000 customers in cities of Woodland and Davis, and Unincorporated Yolo County. The project is located […]

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