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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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Azure Power Awarded Most Sustainable Company in Solar Industry

Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […]

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SECI Amends its 10 MW Solar Tender, Ceiling Tariff Lowered to Rs 3.14/kWh

SECI has offered amendments for its tender for the selection of SPDs for setting up 10 MW grid-connected solar PV power project to be installed in Jaipur The Solar Energy Corporation of India (SECI) has in its latest notification has offered amendments for its RfS/ Tender for the selection of Solar Power Developers (SPDs) for […]

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Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility

Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […]

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In Himachal, SHP Ordered to Pay Imbalance Charges

HPPTCL Asked to Ensure Timely Commissioning of Barshaini Substation In a recent order, the Himachal Pradesh Electricity Regulatory Commission (HPERC) has directed M/s Sandhya Hydro Power Projects Balargha Pvt. Ltd. to pay imbalance charges amounting to Rs.2,14,18,511 to the Himachal Pradesh State Load Dispatch Centre (HPSLDC) for period beginning March 24, 2018 and ending December […]

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HPERC Takes Cue from CERC, Proposes Changes to Renewable Project Conditions

HPERC has Drawn Inspiration from CERC’s Renewable Energy Tariff Regulations 2020 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has proposed amendments to the (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) (4th Amendment) Regulations, 2020, which came in effect in April 2020. The HPERC duly considered the latest Renewable […]

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CIP Acquires 350 MW Solar Project in Texas; Shell to Purchase Power

SPDI and Avondale Solar have completed the sale of the 350 MW ac Fighting Jays Solar PV project in Texas to an affiliate of CIP. Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable Technologies and Avondale Solar on July 22, 2020, completed the sale of the 350 MW ac Fighting Jays Solar PV project in Fort […]

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EDF-Jinko Consortium Awarded World’s Largest Solar Project in Abu Dhabi

The consortium of EDF Renewables and Jinko Power has been awarded the Al Dhafra solar project in Abu Dhabi, the world’s largest solar project when complete. The bidder consortium, formed by French EDF Group subsidiary, EDF Renewables and Chinese Jinko Power, both global leaders in renewable energy, has been awarded the Al Dhafra solar project […]

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Another Deadline Extension for SECI’s Solar Plus Storage Project in Ladakh

SECI has once again extended the deadline for its tender for setting up of 14 MW solar projects with 42 MWh associated BESS in Ladakh under PMDP-2015. The Solar Energy Corporation of India (SECI) has once again extended the deadline for bid submissions for its tender for setting up of 14 MW solar PV power […]

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