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Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028

CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […]

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JA Solar Supplies 480MW PV Modules To Project In Chile

The CEME1 480MW Project,  one of the large photovoltaic (PV) installations in Chile has reached full capacity grid connection. PowerChina Huadong Engineering Corporation Limited, the contractor of the project, utilized modules from Chinese major JA Solar, emphasizing the role of its technology and products in project’s construction. Spanning approximately 400 hectares—an area equivalent to 370 […]

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Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi

Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […]

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EV Car Sales In India Reached 1Mn With 70% YoY Growth

International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […]

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GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms.  The total potential of PHPs from all the 16 […]

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MNRE Issues Clarification On ALMM Implementation Timeline

The Ministry of New and Renewable Energy (MNRE) has now come out with a notification to allay apprehensions of solar project developers towards the timeline of the implementation of the ALMM scheme. Through the notification, the MNRE sought to clarify on the applicability of the scheme since the date of submissions of bids for government […]

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NHPC Opens Bids For 200 MW Solar Project In Khavda, Gujarat

National Hydroelectric Power Corporation (NHPC) has invited bids for the commissioning of a 200 MW grid-connected solar PV power project in Gujarat State Electricity Corporation Limited (GSECL) renewable energy (RE) solar parks at Khavda, Gujarat (Stage-3) with operation and maintenance for 5 yrs. The NHPC tender was released on 17 May 2024 at 06:30 PM […]

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Travancore Cochin Chemicals Issues 22 MW RE Plant Tender

Travancore Cochin Chemicals Ltd has issued a tender inviting online bids from competent Power Plant developers for the setting up upto 22 MW of renewable Energy Power Plant to be implemented in a group captive SPV Model through the Kerala Govt. The bids must be submitted by June 19, 2024, at the latest. The day […]

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GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro

The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […]

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