SUBSCRIBE NEWS LETTER

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SECI to Tender for 1785 MW of Solar PV Projects in Rajasthan Soon

SECI intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms of Rajasthan and will be issuing a tender soon. The Solar Energy Corporation of India (SECI) has informed that it intends to procure solar power for an aggregate capacity of 1785 MW on behalf of the Discoms []

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Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan

Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, []

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ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition

APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Powers future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Powers future growth pipeline. []

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MUFG Gets Green Certification for Softbanks 900 MW PV Project in India

MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBanks 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBanks latest and largest solar project in India. []

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Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction

The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limiteds (GUVNL), for 500 MW worth of solar projects to be developed in the state, has []

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In NTPCs 30 GW Solar Plan, A Move To Maintain Control Over Indias Solar Targets

NTPCs audacious Rs 2.01/Kwh bid at an auction where Saudi Arabias Aljomaih Energy and Water Company and Singapores Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, []

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763.47 MW Added in November, Indias Total RE Capacity Surpasses 90 GW

Indias renewable energy (RE) capacity has surpassed the 90 GW mark, with 763.47 MW of new capacity added during the penultimate month of 2020. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of November 2020, detailing all the events and development that took place []

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Gas is Natural Partner of the World in Recovery: GECF

Natural gas embodies all the attributes required to achieve the multidimensional challenges of environmental protection, energy access, and affordability in a world stepping onto the road of recovery, the Gas Exporting Countries Forum Secretary General Yury Sentyurin said today at the 7th IEF-IGU Ministerial Gas Forum, hosted virtually by the Government of Malaysia. As the []

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Key Factors Behind Indias Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs []

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