SUBSCRIBE NEWS LETTER

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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia

ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […]

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Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec

In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […]

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Gujarat Commission to Amend Rooftop Solar Net Metering Regulations

GERC while assessing a petition by GUVNL has ordered its staff to begin work on drafting amendments for the Gujarat rooftop solar net metering regulations The Gujarat Electricity Regulatory Commission (GERC) while assessing a petition filed by the Gujarat Urja Vikas Nigam Limited (GUVNL) has ordered its staff to begin work on the drafting process […]

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47.86 GW of Renewable Capacity Installed in India Over Last 6 Years

RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six years. Power and New & Renewable Energy Minister RK Singh has informed the parliament that a total of 47.86 gigawatts (GW) of renewable energy capacity has been installed in India over the past six […]

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DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme

DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […]

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India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target

RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […]

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IREDA Deliberating Over $100 mn Green Window for Financing RE Projects

IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […]

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India Assures RE Developers of Pro-Business Policies at COP 25

The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […]

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