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Mumbai Metro Tenders for 4.43 MW Rooftop Solar Projects

MMRDA has issued a tender for setting up 4.43 MW of rooftop solar PV projects at the station site of the Mumbai Metro Rail. The Mumbai Metropolitan Region Development Authority (MMRDA) has issued a tender, inviting bids from eligible firms for setting up 4.43 MW of rooftop solar PV projects at station site of the […]

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IEEFA Report on India’s Renewable Energy Policy Headwinds

After the addition of on average 13GW of renewable energy capacity in FY2016/17 and FY2017/18, India’s renewable capacity additions were expected to grow on average at 20-25GW in line with the target of 175GW by December 2022. However, less than 10GW of on-grid renewable capacity and installs were added in FY2018/19. This is expected to […]

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South Africa to Turn to Renewable Energy Amid Power Cuts

South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts that have “severely set back” efforts to rebuild the […]

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Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr

Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […]

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Tariff of Renewable Plus Storage Tenders now Competing With Thermal

In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […]

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Total Enters Spanish Solar Market With a 2 GW Pipeline of Projects

Total has established its presence on the Spanish solar market through two agreements to develop nearly 2 GW of solar projects. Total, through its wholly-owned affiliate Total Solar International, establishes its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy and to develop nearly 2 gigawatts (GW) of solar […]

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Govt Set to Divest its 100% Stake in CEL; Invites EoI by Mar 16

After BPCL and Air India, government is now set to privatise its solar products manufacturer Central Electronics Ltd (CEL) and invited bids for selling its 100 percent shareholding with management control. The last date for interested parties to submit the bids is March 16, 2020. CEL is a Government of India Enterprise under the Department of […]

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Competitive Power Announces 150 MW Solar Project in Pennsylvania

Competitive Power Ventures has announced its latest renewable energy project, a 150 MW solar facility in Portage and Summerhill Townships, Pennsylvania. Competitive Power Ventures (CPV) has announced its latest renewable energy project, Maple Hill, a 150-megawatt (MW) solar facility in Portage and Summerhill Townships, Pennsylvania. According to the firm, construction on the project will begin […]

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Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil

Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […]

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