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Startup Opportunities in Solar pv

Two key words that I would like to start: “startups” and “Rs.2.44/unit”. These have caught the attention of every educated citizen in the country. The first, for the opportunity of utilizing ones ideas and potential of doing something great; the other being the lowest tariff quoted in this month in solar PV under reverse bidding. […]

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Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore

Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […]

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How falling solar tariffs are shaping the solar future of India’s 100GW goal

The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […]

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Tata Power Renewable Energy Ltd. boosts generation capacity by four-fold

Tata Power Renewable Energy Ltd. generated 1440 MUs that from renewable energy sources (wind & solar) in FY17 as compared to 329 MUs in FY16. Tata Power has announced that the Company’s 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) increased its generation capacity by 337 per cent in FY17 as compared to FY16. Tata […]

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MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power

The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […]

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Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs

The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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AGL Launches Free Rooftop Solar Energy Monitoring Service

AGL Solar Command Check alerts registered customers if it detects a potential problem with their PV systems. AGL Executive General Manager New Energy Elisabeth Brinton said Solar Command Check was a free service which gives customers with digital meters a daily update about the performance of their solar systems. “We believe most of the 1.7 […]

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