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ET Energy

Government introduces Solar Power Scheme to Promote Powerloom Sector

The textile ministry has formulated a ‘Solar Energy Scheme’ for the promotion of powerloom sector to make use of solar power. Government has framed a new ‘Solar Energy Scheme’ to provide financial assistance/capital subsidy to small powerloom units, for installation of Solar Power Plant, in order to alleviate the problem of power cut/ shortage faced […]

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Waaree Energies to raise $100 million: Report

“Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […]

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NEXTracker to Manufacture Additional Structural Components of its Solar Tracking Systems in India

NEXTracker’s demand has expanded rapidly in India with over 20 projects delivered or under fulfillment with six of India’s largest developers and EPCs. NEXTracker has announced that it will be manufacturing additional structural components of its solar tracking systems locally in India. By augmenting its supply partners to include APL Apollo Tubes Limited along with four other local steel fabricators […]

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India’s McNally Bharat Engineering bags 500MW EPC order in Andhra Pradesh

McNally Bharat Engineering has bagged a 500 MW solar power project worth Rs. 415.29-crore from Andhra Pradesh Power Generation Corporation Ltd. Kolkata-based engineering firm McNally Bharat Engineering has won a Rs. 415.29-crore solar power project from Andhra Pradesh Power Generation Corporation Ltd. The project entails design, engineering, manufacturing, supply, commissioning and operation and maintenance of […]

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Indian Oil Corporation Ltd. (IOCL) to add 1 MW of rooftop solar power: Report

IOCL has a captive solar power project with a capacity of 4 MW at its Cauvery Basin Marketing Terminal in Muttam, in Nagapattinam district The oil major, Indian Oil Corporation Ltd. (IOCL) is reportedly gearing up to add 1 MW of rooftop solar power in Chennai in order reduce its carbon footprint. IOCL has a […]

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Neoen Signs PPA for 54MW Solar Power Project in Zambia

The 54 MW PPA has won by a consortium of Neoen and First Solar for the development of solar power project in Zambia. French solar power developer Neoen has announced that it has signed off on a power purchase agreement (PPA) for a 54MW solar PV project in Zambia. Neoen signed off on the PPA […]

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SECI inviting tenders for Empanelment of Experts for Third Party Inspection of Grid Connected Rooftop Solar PV systems

The tenure of empanelment of “Experts for Third Party Inspection of Grid Connected Rooftop Solar PV systems” shall be two years from the date of empanelment letter issued by Solar Energy Corporation of India. Solar Energy Corporation of India Limited (SECI) inviting  Bids/Price Proposal  from the eligible Bidders, Consultants, Agencies, Experts to participate in the […]

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World Bank Loan for Rewa Solar Power Project

World Bank will provide 25% of the loan amount under its Clean Technology Fund to Rewa Solar Power Project at an interest rate of only 0.25%. The World Bank has agreed to provide loan to develop internal transmission arrangements for the upcoming Rewa Ultra Mega Solar Power Project in Madhya Pradesh. “The World Bank has […]

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Tata Power Solar Expands and Modernizes its Solar Module Manufacturing Facility

The expansion and modernization of its manufacturing facility will increase solar module capacity by 100% and cell capacity by 65% to cater to increasing demand for high quality solar panels. Keeping up with Government of India’s progressive ‘Make in India’ plan of domestic production with enhanced efficiency of a solar cells and solar modules, Tata […]

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