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KERC Approves a Late Solar Project with a Tariff of Rs 8.40/kWh

The Karnataka Electricity Regulatory Commission (KERC) has approved a tariff of Rs 8.40/kWh for a 3 MW solar power project of Cambria Solar Private Limited. As per the Solar Policy 2014-21, the project was given allotment under SRTPV Scheme by Karnataka Renewable Energy Development Limited (KREDL) on March 17, 2015.  A power purchase agreement (PPA) […]

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Nextracker Awarded Master Supply Agreement by Solaria to Supply 125 MW of Smart Solar Trackers Across Spain

Nextracker, a Flex company, announced that is has been selected by Solaria Energía Medio Ambiente (SOLARIA) to supply 125 megawatts of its world-leading solar tracker technology, NX Horizon™ for numerous project sites in Spain. Solaria will utilize Nextracker’s smart solar tracker technology, NX Horizon, to maximize performance and minimize operational costs. The announcement comes as Spain […]

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Ørsted Commences Construction of its Largest Onshore Project

Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […]

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Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat

Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […]

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Adani Green Completes Rs 133 crore Spinel Energy Buyout

Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […]

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Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing

Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft  paper, has proposed offering two-way pricing to address the issue of network congestion on […]

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […]

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Uttar Pradesh Floats Tender for 75 MW of Grid-Connected Solar Projects

Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has floated an e-tender for setting up a 75 MW grid-connected solar PV power project in UP solar park, Uttar Pradesh.  As part of the Government of India’s target to achieve a cumulative capacity of 100 GW Solar PV installations by the year 2022, UPNEDA wishes […]

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