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Solar Power Rate Touches Record Low

Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […]

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Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids

Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […]

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Adani Appoints Jennifer Purdie as CEO for Renewable Energy Unit in Australia

Jennifer Purdie as the Chief Executive Officer will support the operations of Adani’s renewable energy business unit in Australia Indian energy giant Adani Group has appointed Jennifer Purdie as the Chief Executive Officer (CEO) for its renewable energy business unit in Australia in a bid to drive its plans to become the largest renewable energy […]

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ReNew Power Raises $475 Million at Cheaper Cost

The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […]

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SECI Gets a Significant Boost to its Credit Rating

Solar Energy Corporation of India has attained a beneficiary position in a tripartite agreement between the Government of India, state governments and RBI. In a very pleasing development for renewable IPPs, Solar Energy Corporation of India (SECI) has been included as a beneficiary in a tripartite agreement between the Government of India, state governments and […]

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Tata Power achieves the milestone of shipping 1 GW Solar Modules

Tata Power Solar has achieved 60% rise in shipment of solar modules in last five years Tata Power Solar, India’s largest integrated solar company, has successfully shipped 1 GW solar modules worldwide, a first for any Indian solar manufacturer. Having one of the largest solar manufacturing facilities in India, with modules as well as cell […]

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BHEL Bags 3.6 MW Solar Rooftop Order from Surat Municipal Corporation

BHEL has acquired an order to install solar PV Rooftop system with a capacity of 3.6 MW for  Surat Municipal Corporation State-run power equipment maker BHEL has secured order for the installation of Solar PV rooftop systems totaling 3.6 MW from Surat Municipal Corporation. While all the 10 identified areas of installation would be within […]

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Maharashtra to Take Joint Venture Route for Solar Energy Push

Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […]

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