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JAKEDA Issues 175 MW Rooftop Solar Tender For Govt Buildings

The Jammu and Kashmir Energy Development Agency (JAKEDA) has issued a tender to select solar power developers for the construction of 175 MW grid-connected rooftop solar projects. These projects will be located on government buildings in the Union Territory (UT) of Jammu and Kashmir under the RESCO model. Bids are invited until February 28, 2025. […]

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APTEL Withholds KERC Order On Incremental Solar Tariff

The Appellate Tribunal For Electricity (APTEL) in a recent judgment dismissed a petition by a Karnataka discom to not allow incremental tariff to compensate a solar energy generator on account of ‘change of law’ events. The petitioner Hubli Electricity Supply Company Limited (HESCOM) had earlier moved APTEL seeing its intervention against an impuged order of […]

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Juniper Green Energy Raises $1bn In Debt Financing

Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […]

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Gautam Solar Establishes Its New Module Plant At Bhiwani

Indian solar module manufacturer Gautam Solar today announced the establishment of its new solar module manufacturing plant at Bhiwani in Haryana. The firm said that in a record time of one year, it successfully established its new solar module manufacturing plant from land acquisition to full-scale operations. This facility spans over 60 acres and is […]

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Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF

A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil

India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […]

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APTEL’s Relief To ACME Over COVID-Linked ‘Force Majeure’

The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […]

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After Tax Credit Aid, US Solar Module Production Rises By 600%

Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […]

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