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Cabinet approves MoU in the area of large-scale Grid Integration of Renewable Energy

The MoU envisages promoting information exchanges in the areas of Renewable Energy integration regulations and balancing using gas, storage, and demand-side approaches, energy imbalance markets The Union Cabinet chaired by the PM Narendra Modi has approved for signing of a Memorandum of Understanding (MoU) between Forum of Regulators (FOR) and the National Association of Regulatory Utility […]

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Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report

Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […]

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CleanMax Installs 1.5MW Rooftop Solar Power Plant at AMU

In collaboration with SECI and MNRE, CleanMax Solar has commissioned 1.5 MW rooftop solar power plants across 17 roofs at Aligarh Muslim University. India’s one of the oldest and most renowned educational institutes, Aligarh Muslim University has turned to solar power to meet its electricity needs. In collaboration with SECI and MNRE, CleanMax Solar has […]

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First Solar sells 250MW Moapa Solar Project to Capital Dynamics

PV solar systems provider First Solar has sold the cash equity interests in the 250MW Moapa Southern Paiute Solar Project to Capital Dynamics. First Solar has announced that it has completed the sale of the cash equity interests in the 250MWac Moapa Southern Paiute Solar Power Project in Nevada to global private asset manager Capital […]

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NTPC reportedly planning expansion of solar power generation capacity

NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […]

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Canadian Solar Secures JPY4 Billion Credit Facility with SMFL

Canadian Solar intends to use proceeds from the facility to expand the development of solar energy projects in Japan. Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$35 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”), a member […]

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Azure Power Wins Indian Railway’s Largest Rooftop Solar Power Project

Azure Power wins 46 MWs of solar projects from Indian Railways across 11 states in India, and company’s rooftop portfolio now more than 100 MWs across 14 states in India. Azure Power, a leading solar power producer in India, announced that it has won 46 MWs of rooftop solar power projects across eleven states pan […]

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Kerala, Arunachal Pradesh and Tripura join UDAY

Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […]

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SMA Inverters Selected For Massive Copper Mountain Solar PV Project

SMA Sunny Central Inverters will help in powering around 41000 homes in Boulder City, Nevada through Sempra Renewables’ 94 MW Copper Mountain Solar PV project. SMA inverters were recently selected by Amec Foster Wheeler for Sempra Renewables’ 94 MW Copper Mountain Solar PV project in Boulder City, Nevada. This is the fourth phase of the […]

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