SUBSCRIBE NEWS LETTER

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Adani Gets MERC Approval to Initiate Bidding on 700 MW Solar Auction

The state commission permitted the change after AEML filed a petition seeking the deviation from the standard bidding guidelines. The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved Adani Electricity Mumbai Limited’s (AEML) petition to initiate the bidding process for the procurement of 700 MW of solar power. The commission has ordered […]

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Madhya Pradesh Tenders For 25 MW Rooftop Solar Projects under RESCO Model

The last date for online bid submission is May 10, 2019, and the last date for bid submission (hard copies) is May 15, 2019. The Madhya Pradesh Urja Vikas Nigam Ltd. (MPUVNL) has invited Request for Proposal (RfP) for the selection of bidders for the implementation of 25 MW grid-connected rooftop solar PV systems under […]

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Second Deadline Extension For SECI’s  97.5 MW Rooftop Solar Scheme

The last date for bid submission has been extended from April 11, 2019, to April 16, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission for its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings in different states/union territories of India under RESCO/CAPEX model. The last […]

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UNDP Tenders For 10.5 MW Solar Power Projects in Gambia

The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […]

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Deadline Extension For SECI’s 3 GW Manufacturing-Linked Solar Tender

The deadline for submission has been extended from April 4, 2019, to April 22, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […]

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Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis

Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […]

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Vestas Bags Orders Worth 1.11 GW in USA and Brazil

Denmark-based, Vestas has bagged multiple orders in USA and Brazil with a combined capacity worth 1112 MW. In the United States, the turbine manufacturer and wind energy solutions provider has won three orders worth a total of 545 MW. The first order the company has received is for 220 MW of V120-2.2 MW turbines for […]

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Interview with Rajendra Kumar Parakh, CFO, Vikram Solar

Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […]

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