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ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid

The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […]

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Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam

These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […]

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Govt Brings National Policy for Wind-Solar PV Hybrid Projects

A scheme for new hybrid projects under the policy is also expected shortly. The government has issued a new national wind-solar hybrid policy aiming to provide framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission infrastructure and land. The Ministry of New and Renewable Energy (MNRE) also said […]

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Solar Power Project Developers Urge MNRE to Defer Auctions

The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […]

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Karnataka Gets Three Solar PV Projects Through Rays Power Infra

Open access model implemented in Karnataka enables access to power at considerably lower rates, offering better efficiencies and lower utility bills while reducing the carbon footprint of industries in the areas being serviced by projects built in the state. Under the state’s open access scheme and to add to its portfolio, Rajasthan-based utility company Rays […]

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India Rapidly Progresses Towards Renewable Energy, says R K Singh

“India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […]

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RBI Cancels Govt Request to Ease Norms for Stressed Power Cos

RBI has stated that it is for lenders, administrative ministries, and the developers to find the solution as the regulator won’t give any special treatment to a particular sector. Power Projects worth 20,000 MW are at the verge of liquidation, as the Reserve Bank of India (RBI) has rejected the government’s demand to ease the […]

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China Successfully Tests Battery For Renewable Energy Storage

The project of energy storage system with batteries was tested in Dalian Institute of Chemical Physics in northern China’s Liaoning Province. For the first time a lead carbon battery for storing power generated from solar panels is developed by Chinese scientists. The claim is that with such devices at disposal the electricity supply is stable […]

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Radite Energy Bags 1.3 MW Rooftop Solar Project from Azure Power

As per the deal, the company will be responsible for the complete installation and commissioning (I&C) of the project.   In a significant development, Gurgaon based Radite Energy has bagged 1.3 MW rooftop solar project from Azure Power for Noida’s Gautam Buddha University. As per the deal, the company will be responsible for the complete […]

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