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SECI pays Rs 4.2 billion for Solar and Wind Procurement for December Month

Solar Energy Corporation of India (SECI) has released a payments of about Rs 490 crores to just solar and wind power generators. This disbursement is meant for the renewable energy procured from the two power sources for the month of December 2021. As far as the total amount released by SECI for the said month […]

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Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry

The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […]

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Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac

Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac)   indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […]

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Airtel Sets Up Its Largest Captive Solar Plant, 21 MW with Avaada

Telecom operator Bharti Airtel on Tuesday has announced the commissioning of a new 21-megawatt solar power plant in Buldhana district of Maharashtra. The solar plant, spread over 80 acres, has been set up by Airtel in partnership with Avaada to supply clean energy to Airtel’s Nxtra data centres and switching centres in Maharashtra, the company […]

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Renew Power, Fourth Partner In Deal For On Site Solar Assets?

Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […]

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Coming Up Soon, The Problem OF Managing Solar Waste

As large-scale installation of PV solar modules increases in India, the volume of modules that reach the end of their life is also expected to grow manifold. By the end of 2040, the country will represent 30% of the world’s installed solar capacity, a recent IEA report has found. India, which currently doesn’t categorise PV […]

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ANIL To Lead Adani Group’s Renewable Energy Shift

The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […]

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Rays Power Infra to Build 500 MW Solar Park in Rajasthan

Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […]

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