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Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park

A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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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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NSPCL Invites EPC Bids for 25MWp Solar Power Project in West Bengal

The 25 MWp Solar PV power project shall be implemented in a single EPC package under domestic competitive bidding using Non DCR (open category) manufactured PV modules and cells. NTPC-SAIL Power Company Limited (NSPCL), a Joint Venture of NTPC Limited and Steel Authority of India Limited, is in the process of setting up a 25 […]

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Azure Power Secures 250MW Solar Power Project with the Tariff of Rs 3.14

Azure Power will also be providing O&M services for 250MW solar power project apart from designing, engineering, manufacturing work scope. Azure Power has announced that it has won a 250MW solar project in an auction conducted under Domestic Content Requirement (DCR) by Indian utility NTPC. Azure Power quoted the lowest bid of Rs 3.14. NTPC […]

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India’s Acme Solar Eyes 335 Million Dollars through IPO

Funds raised from the IPO will be used for setting up this 200 megawatt project. This seems to be a very smart move on the part of the company, as raising debt with such a low tariff would have been a major challenge even when the off-taker is a government entity like NTPC Limited. One […]

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How Solar Won The Dirty Game?

Who would ever expect a country with generations naively leaned towards fossil fuels and struggling to lighten up their houses will be blessed with solar power. Sounding like intercession, today, a livelihood is well upholstered to arrogate a technology-driven life. Apparently, the black smut coal field where nourishment of human-kind was painted black has open-armed […]

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Let’s Talk Solar Energy Storage Systems

It is now said to be primitive if we sit with a strong brewed coffee and the board directors of green revolutionaries give a throwback on coal and thermal reserves. Without sharing an anecdote, the facts and figures and latest economics of renewables especially solar has tethered traditional energy production. India has one national grid […]

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Energy Storage Market to Touch 70 GW by 2022

The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW. Out of 70 GW, over 35 GW of demand is expected from newer applications. The market for energy storage in the South Asia region is dominated by India. Energy storage helps in the […]

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