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RE projects

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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Ujaas commission’s three EPC projects across the country

Ujaas Energy Limited, a leading national provider of solar power and top solar energy graded Company with SP-1A solar energy grading, and the pioneer of solar REC Mechanism in the country announced successful commissioning of 25 MW EPC projects, executed at three different locations across the nation. The projects include: 9 MW Oil India Project […]

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MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects

Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […]

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MNRE asks Channel Partners, SNAs, PSUs and Agencies to ensure Geotagging of all renewable Energy projects

Government of India has setup an ambitious target of installing I 00 GW of Solar Power by 2022, which include 40GW of grid connected rooftop solar (RTS). RTS sector has tremendous potential for generating decentralized and distributed solar power by utilizing the rooftop and vacant areas of industrial, commercial, residential, institutional, social and public buildings. […]

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