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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […]

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Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects

The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […]

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NTPC Invites Bids For 1.2 GW Solar Project With Energy Storage

NTPC Renewable Energy has issued a tender to select solar power generators for a 1.2 GW solar + BESS project. The project includes a 600 MW/2400 MWh (600 MW × 4 hours) energy storage system (ESS) to be located anywhere in India (SOLAR-ESS-01). NTPC has invited bids until February 27, 2025. The tender stated, “The […]

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Telangana Joins BESS Space With 250 MW/500 MWh Tender

Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […]

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KSERC Clears KSEBL’s PSA With SECI For 500 MW Project

The Kerala State Electricity Regulatory Commission (KSERC) recently reviewed a petition filed by the Kerala State Electricity Board Ltd. (KSEBL) seeking approval for a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI). The agreement entails procuring 500 MW of power, including 250 MW allocated for two hours of peak power supply […]

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Trump Entry, Chinese New Year To Mark A Turning Point On Solar Prices?

As the Chinese New Year holidays start on Jan 29, like always, the country is already preparing for the massive national holiday, which will run into the first week of February. For the Chinese solar sector, and by extension, a large part of the global solar sector, it is the post-holiday changes that will be […]

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NHPC Issues Tranche-I 125 MW/500 MWh BESS Tender In Kerala

NHPC has released a tender to build a battery energy storage system (BESS) to select developers for setting up 125 MW / 500 MWh (InSTS) connected standalone BESS (NHPC-Tranche-I-BESS). The project would be located in Kerala with viability gap funding (VGF) support (2024-25). NHPC has sought bids until February 21, 2025. The NHPC tender explained, […]

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UP To Develop 2 GW Of Solar Projects In 4 Districts, EOI Issued

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has announced plans to develop solar projects with a cumulative capacity of 2 GW across four districts in the state. To attract potential developers, the state nodal agency has issued an Expression of Interest (EOI), inviting participation from solar project developers. Investment Opportunities for Renewable […]

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