SUBSCRIBE NEWS LETTER

Independent Power Producer

Azure Power Commissions a 50 MW NTPC Solar Power Project in Uttar Pradesh

Azure Power will provide power for 25 years at a tariff of INR 4.78 per kWh to NTPC. The 50 MW project is spread across 300+ acres of land. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power […]

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State distribution companies (discoms) are biggest obstacle on open access for solar power

Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […]

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Azure Power Assigned Highest Accreditation Rating by ICRA

While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […]

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SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France

The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […]

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Centre to Notify Guidelines for Renewable Power Procurement

Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […]

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Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform

The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […]

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Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh

The 100 MW solar power project was auctioned by NTPC and has been set up at Kurnool Ultra Mega Solar Park. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. The project was auctioned by NTPC, which has a […]

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NEXTracker Delivers Advanced Single Axis Trackers to the Largest Solar Power Project in Western Hemisphere

NEXTracker has shipped over 200 MW of its Advanced Single Axis Trackers to the solar power project site in Western Hemisphere. NEXTracker has announced that it has started supplying its advanced single axis trackers to the largest solar power plant in the Western Hemisphere. This grid-connected project of over 750 MW will deliver energy to […]

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ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm

As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […]

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