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SECI Schemes See June-July Capacity Additions Hit 24 Month Low

If Project commissionings under the schemes auctioned by SECI (Solar Energy Corporation of India) are any indication, solar and wind projects could really struggle to recover from a deep trough this year. Not only are delays, especially for wind energy projects in Gujarat, and lately, solar projects in Rajasthan and Tamil Nadu becoming endemic, it […]

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Torrent Power Issues RfS for Procurement of 300 MW Solar Power

Torrent Power has issued an RfS for the purchase of 300 MW power from grid-connected solar PV power projects in the state of Gujarat. Gujarat-based electricity generation, transmission and distribution company, Torrent Power (TPL) has issued a Request for Selection (RfS) for the purchase of 300 MW power through competitive bidding process followed from grid-connected […]

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MNRE Eases Norms Bidding on Solar Power Projects

MNRE has issued amendments to the guidelines for the tariff-based competitive bidding process for procurement of power from grid-connected solar projects The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guidelines for the tariff-based competitive bidding process for procurement of power from grid-connected solar PV power projects. The guidelines, which were […]

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Capital Dynamics Acquires 180 MW Solar Project in Nevada

Capital Dynamics has announced that its CEI business has acquired the Townsite Solar Project, a 180 MW solar project located in Nevada Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has acquired the Townsite Solar Project, a 180 MW/ 231 MWdc solar project located in […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report

Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […]

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Azure Power Gets LoA for 300 MW Project in SECI Auction

The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […]

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Industry Making a Mistake by Staying Quiet on the Andhra Skirmish

Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […]

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Siemens Gamesa Doubles Net Income in First 9 Months of FY 19

Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […]

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