SUBSCRIBE NEWS LETTER

RE projects

Solar developers seems least interested for TANGEDCO’s solar projects

In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […]

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Center grants Rs 2.45 crore for solar city projects

The Government of India has granted Rs. 2.45 crore for development of solar city project. The master plan includes preparation of, solar city cells, promotional activities and installation of renewable energy projects under the Solar City Programme in Mysuru and Hubballi-Dharwad. According to a Press Information Bureau release, the Center had already released Rs 0.87 […]

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ReneSola to sell 26MW of Solar Projects in the UK to a European investor

ReneSola Ltd has announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. The six utility-scale projects powered by company’s Virtus II modules are located in Carlam Hill Farm, North Wales, and Monmouthshire. All of […]

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Azure power raises 470 million dollars financing for its solar projects

Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […]

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IDFC Alternatives acquires three solar projects from Punj Lloyd

The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […]

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TANGEDCO releases tenders for solar projects

Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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