SUBSCRIBE NEWS LETTER

Tata Power Solar

Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala

Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […]

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Rajasthan at 2nd position in achieving rooftop solar power target

Rajasthan is at No. 2 position in achieving the target for implementing rooftop solar power projects in the country, according to recent media reports. Gujarat, which was given a target of 3200 MW, has achieved 54%, while Rajasthan has set up 33% of the allocated 2300 MW capacity. In terms of capacity by February 2022, […]

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Low demand for grid-connected rooftop solar systems in Kerala

Kerala, the most literate state in the country with a high proportion of urban, independent housing, is failing the rooftop solar test. Grid-connected rooftop solar power systems, one of the key projects identified to meet the state’s solar target, is failing to  attract many users. This, even as the state discovered fairly competitive prices for […]

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Tata Power, Rustomjee Group collaborate for EV charging infrastructure in Mumbai

Tata Power has announced that it has tied up with Rustomjee Group, a real estate developer, to install end-to-end electric vehicle (EV) charging solutions in all residential and commercial projects in Mumbai Metropolitan Region (MMR). Tata Power will set up dedicated EV charging facilities for the residents of Rustomjee Group properties in Mumbai MMR, enabling […]

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Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP

The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the city’s peak energy demand which currently stands at 3600 […]

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TOP FIVE SOLAR PARKS IN INDIA

TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW • SB Energy SoftBank In December • Hero Future Energies 2020, the park • NTPC witnessed the • ACME Solar then lowest bid • Azure Power for solar power […]

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Auction Winners Bid at Rs 2.29/unit For 500 MW GUVNL solar auction

In bids that continue to surprise, the Gujarat Urja Vikas Nigam Limited’s (GUVNL) January tender for 500 MW of solar power has attracted a very aggressive set of bids from the 4 winners declared. Fortum (through Alpha Energy- 200 MW), SJVN (100 MW), Hinduja Renewable Energy (120 MW) and UPC Renewables (80 MW) have bid, […]

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New Solar PLI Scheme Changes

Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […]

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Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India

Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […]

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