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China Solar Policy May Further Cut Power Bidding Tariff

The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […]

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EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US

As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […]

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Nigeria Eyes 30% Renewable Energy by 2030 to National Grid

A loan of $66m and $8m was granted to Nigeria for the solar project after it joined other countries to sign the International Solar Alliance (ISA) in March 2018 in New Delhi, India. Intensifying its collaboration with India on clean energy, the Federal Government of Nigeria has set a target for 30 percent renewable energy […]

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Solar-Wind Hybrid Power Policy Announced for Gujarat

The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […]

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Govt to Launch Single Solar Power Bid of 100,000 MW: R K Singh

India is making rapid strides in the field of renewable energy and we will overshoot the target of 175GW renewable energy by 2022. Propelling the growth trajectory in renewable energy, the government is planning a single solar bid of 1 lakh MW for the generation, storage and manufacturing of solar equipment in the country. While […]

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NMC, PGCIL to Set up Floating Solar Power Plant on Gorewada Lake

Water treatment plant (WTP) that is adjacent to the lake will be the first beneficiary of the power generated from the panels. Nagpur Municipal Corporation (NMC) and Power Grid Corporation of India Limited (PGCIL) has decided to set up a floating solar power plant on Gorewada Lake to fulfill its electricity needs. This project is […]

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Higher RPOs to Help India Meet 175 GW Renewable Target, says Greenpeace

It further added that, MNRE’s recently announced Kusum scheme to promote solar arrays connected to irrigation pumps can play a key role in helping states fulfil their RPOs. Greenpeace India said that 21 per cent target of Renewable Purchase Obligation (RPO) by 2022 will be helping India in meeting the renewable energy goal of 175 GW till 2022, […]

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BMTC Plans to Create New Revenue Model, Generate Solar Power

We have had talks with a few solar project developers. The corporation has also written to Bescom and Karnataka Electricity Regulatory Commission (KERC). In order to create a new revenue model and continuing with its core business of running public transport, Bengaluru Metropolitan Transport Corporation (BMTC) is contemplating to generate solar power. In the city of […]

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Samsung to Increase Renewable Energy Use to Curb Global Warming

Samsung, the world’s biggest smartphone maker, and South Korea’s biggest corporate group, is the first electronics manufacturer to join a movement spearheaded by Apple and other Silicon Valley companies. In order to help in curbing the global warming, Samsung Electronics join the global list of companies that are promising to increase their use of solar and other renewable […]

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