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Zunroof Bids Lowest For IPGCL’s 35 MW Solar Tender Under CAPEX A,D Model

Zunroof was the L1 bidder at Rs 42,000/kW in the capex A and D categories for development of solar power projects in 1-10 kW range. Gurgaon-based clean energy startup, Zunroof has won 250 kW capacity as the L1 bidders in Indraprastha Power Generation Co. Ltds (IPGCL) 35 MW solar tender under the Mukhyamantri Solar Power […]

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Viz-A-Viz with Venkatesh Dwivedi, Director (Projects), Energy Efficiency Services Limited

EESL Working Towards Removing Various Hurdles to Facilitate E-Mobility Growth EESL has been working towards removing various hurdles to facilitate the growth of electric mobility in the country. With our approach of demand aggregation and bulk procurement, we have been able to contribute to addressing significant challenges like low demand, the high upfront cost of […]

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ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia

The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […]

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723 GW of New Wind Capacity Expected in the Next Decade : WoodMac

Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […]

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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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World Bank and AfDB Commit $ 47 billion For African Climate Finance

The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […]

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Maharashtra Issues Tender For 184 MW Solar Projects for AG Feeders

The last date for bid submission is April 16, 2019. The Maharashtra State Power Generation Company Limited (MAHAGENCO) has issued a tender inviting online bids for the development of 184 MW of grid-interactive solar PV power plants at various locations in the state. The successful bidder will also have to provide operations and maintenance (O&M) for 25 […]

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Fortum Wins Right to Build 250 MW Solar Project in India

Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […]

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Top Stories of the Week for Solar Industry

Narendra Modi Flags Off First Ever Diesel to Electric Locomotive Prime minister Narendra Modi has flagged off the world’s first ever diesel to electric converted locomotive at the Diesel Locomotive Works in Varanasi. The Prime Minister unveiled the first of its kind converted electric locomotive during his visit to Varanasi, Uttar Pradesh on February 19, […]

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