SUBSCRIBE NEWS LETTER

auction results

Domestic Solar Power Industry

Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance.  As per the final findings dated 16th July, 2018, in the investigations […]

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SECI Invites Bids for 2000 MW Hybrid Projects

This project is reportedly much larger than the first tender for 16 MW that was issued this January by SECI. The company envisioned setting up a greenfield hybrid project in Andhra Pradesh’s Anantapur district. The results of this bid are yet to be announced. Solar Energy Corporation of India (SECI) is all set to promulgate its […]

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Gigawatt of Storage in 2018?

From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […]

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Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty

According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […]

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Canadian Solar Declared Itself of Being Awarded With a 17.87MW project in Japan

A total of 141.3MW AC of projects at a price of JPY 19.6 ($0.18) per kWh, declared on November 21, 2017, as per the results of the first auction. Canadian Solar Inc. has secured a 17.87MW project in Japan’s inaugural solar energy auction. The company is among the world’s largest solar power company. The project is set up […]

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Renewable Electricity’s Spanish Support Scheme Approved by the European Commission

The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […]

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Key technology trends shaping the Global Solar Industry

Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […]

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First Utility Scale Storage Project in India Takes Off

The 20MW solar power project is the first utility scale storage tender in India to announce results, and it includes provision of complete EPC and O&M services for twenty-five years. NLC India Limited, a government of India owned coal mining company, recently completed auction for a 20 MW solar project integrated with 28 MWh storage […]

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