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Upward trend in imported PV module prices to affect recent solar projects: ICRA

The imported photovoltaic (PV) module price has been rising over the last 3-4 months, up by about 15 per cent, to 35-37 cents per watt in August, from about 30-32 cents in May The upward trend in imported photovoltaic module prices is likely to affect viability of recently awarded solar projects, rating agency ICRA said […]

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MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power

The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […]

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SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage

The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […]

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MAHAGENCO Floats tender for 110 MW of solar power projects in the state

The 60 MW grid Interactive Solar PV power plant will be developed at various locations of Tembhu, Tal. Karad, Dist. Satara to cater the load of Tembhu lift irrigation scheme on boot basis. Maharashtra State Power Generation Company (MAHAGENCO) has floated tendered for two (60 +50 MW) solar projects in the state. The 60 MW […]

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India’s Overemphasis on renewable energy would affect thermal power projects: CEA

“Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […]

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D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar

The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […]

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Faridabad Residents Get a Dose of Solar Lessons

The two- day workshop held at Centre for Smart Solar Energy, Manav Rachna University, Faridabad was open to all. The training modules included basics of PV modules, batteries and solar UPS, types and working on solar modules, types, and significance of solar charge controller, working, installation and sizing of both solar on-grid and off-grid systems […]

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Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra

“An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […]

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Empower Energies Announces Completion of 14.5MW Solar Project for CYRQ Energy in Utah

Empower advised CYRQ on the development and design of the Patua solar project, including the selection of the solar equipment, which included approximately 45,360 photovoltaic (PV) solar panels, and the EPC for the construction and commissioning of the project Empower Energies has announced the completion of the Patua solar power project, a 14.5MW DC solar […]

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