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After 1.99/kWh, Gujarat Cancels Results of two Earlier Solar Auctions

GUVNL has cancelled the results of auctions held for 800 MW solar projects in Gujarat after receiving permission to re-tender the projects. According to local reports, the Gujarat Urja Vikas Nigam Ltd (GUVNL) has cancelled the results of auctions held for the award of 700 MW Dholera solar park and the 100 MW Raghanesda solar […]

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Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu

Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India.  The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […]

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GE Selected by SB Energy for 327 MW Wind Plant in Madhya Pradesh

GE Renewable Energy has been selected by SB Energy to supply, install and commission 121 wind turbines, cumulating 327 MW, in Madhya Pradesh. GE Renewable Energy has announced that it has been selected by SB Energy (SoftBank Group) to supply, install and commission 121 sets of its 2.7-132 onshore wind turbines, cumulating 327 MW, to […]

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Focus on Breakthrough Tech at Disruptive Solar Technology Session at WSTS

At the Disruptive Solar Technology session at WSTS, solar PV progress over the years, and key trends that will lead it into the next decade were discussed. At the Disruptive Solar Technology session at the first World Solar Technology Summit (WSTS) by the ISA yesterday industry leaders discussed the progress that solar photovoltaic technology has […]

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NHPC Awards LoA for 400 MW ISTS-Connected Solar Projects

NHPC has issued a letter of award (LoA) to a Solar Power Developer (SPD) for ISTS-connected solar projects for balance 400 MW capacity in its 2 GW tender NHPC, India’s premier hydropower company which has diversified its portfolio to include solar power business has announced that it has issued a letter of award (LoA) to a […]

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NHPC Board Approves Foray Into Solar Energy Business

State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. The firm is mainly into hydropower generation. “It is to inform that board […]

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The Top 7 Solar Power Parks across the World

A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […]

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In Renewables Shadow, who Will Still Fund Coal in India? : Report

Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […]

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NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs

State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […]

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