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Solar Revenue

Gujarat Govt Revises Policy for Wasteland Allocation for RE Parks

The state government of Gujarat has revised its policy for allocating wasteland for renewable energy i.e. wind, solar and hybrid (wind and solar) power parks. According to the new provisions, the renewable project/ park developer(s) will have a period of 3 years from the date of handing over of the sites to build a minimum […]

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Adani Green Reports Strong Q1 2021, Moves Closer to 25 GW by 2025 Target

Adani Green Energy Ltd. (AGEL) has announced the financial results, reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. Adani Green Energy Ltd. (AGEL), a part of the Adani Group, has announced the financial results reporting a strong Q1 for FY 2021, for the quarter ended June 30, 2020. The […]

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Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake

Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […]

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Proposal for 41.5 GW Hybrid Renewable Park in Kutch Approved

The Gujarat cabinet has cleared the proposal for the 41.5 GW renewable park in Kutch district by approving the allotment of 60,000 hectares of land for the mega project. The Gujarat cabinet on September 9, 2020, has cleared the long-pending proposal of the 41,500 MW or 41.5 GW renewable energy (solar and wind) park in […]

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EDPR Sells 80% Stake in 563 MW Renewable Portfolio in US, H1 Profit Down

EDPR has signed a Sale & Purchase Agreement with Connor, Clark & Lunn Infrastructure, to sell an 80% equity shareholding in a 563 MW renewable portfolio in the US. EDP Renewables (EDPR) a global leader in the renewable energy sector and one of the largest wind energy producers in the world, has signed a Sale and […]

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Overall Electricity Demand Nearly at pre-Covid Levels: ICRA

The all India electricity demand is witnessing a gradual recovery and stood at 98 percent of the pre-COVID level in August 2020, finds ICRA The all India electricity demand is witnessing a gradual recovery and stood at over 96 percent of the pre-Covid level in July 2020 and further improved to close to 98 percent […]

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Sungrow Signs 900 MW Agreement for 1500V Inverter Solution to Dubai

Sungrow has partnered with Shanghai Electric to supply its latest 1500V turnkey inverter solution to the 900 MW 5th phase of the MbRAM Solar Park in Dubai. Sungrow, a leading global inverter solution supplier for renewables, has announced that it has partnered with Shanghai Electric to supply its latest 1500V 6.25 MW turnkey solution to the […]

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Sungrow Bags 100% Bankability for a Second Year From BNEF

Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […]

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