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First Solar

Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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Naxal-affected Chhattisgarh Villages to get Solar Powered Electricity

Electricity will be reaching the Naxal-affected Abhujmarh region of 351 villages in the Chhattisgarh for the first time after Independence through the solar power units. In a meeting that was attended by the officials from Bastar and Southern Region Adivasi Development Authority and Surguja and Northern Region Adivasi Development Authority at secretariat, Dr. Raman Singh, […]

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NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh

National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […]

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Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria

The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […]

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India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land

The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […]

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Alterra Power acquires 20 MW solar portfolio from Inovateus Solar

Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […]

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Indian Government doubles down on Solar Parks after SunEdison Setback

According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […]

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