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solar energy project

Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender

Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced  by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […]

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Canada’s Suncor submits proposal to build three 80 MW solar PV farm

Canada’s largest oil sands producer Suncor has submitted a proposal to the Alberta Electric System Operator to build three 80 MW solar PV farms in the state. This is the first time that the company is foraying into solar energy. The proposal from the firm includes sum of 240MW solar PV plants in the stand […]

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ACME wins 75 MW project in Jharkhand

ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […]

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SunEdison finds difficult to get buyers for its projects in India

US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […]

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American financial institution to allocate $421 million to India for solar, internet projects

American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI.  It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […]

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PSEG Solar Source acquires 37.8 MW-dc solar energy facility from Juwi for $60m

PSEG Solar Source has acquired a 37.8 MW-dc solar energy facility from juwi Inc. for $6 million. The facility located in Las Animas County, Colorado will be named PSEG San Isabel Solar Energy Center. It will increase the capacity of PSEG Solar Source’s portfolio to 315 MW-dc. The PSEG San Isabel Solar Energy Center has […]

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BrightSource Energy announces advanced solar field technologies

Leading concentrating solar power technology (CSP) company BrightSource Energy, Inc. has launched advanced solar field technologies. New technologies deployed at Israel’s Ashalim Solar Thermal Power Station reduce costs; accelerate construction schedule and increase energy production. BrightSource’s solar field technologies feature improvements to the heliostats, solar field communications network and solar field control system. The under […]

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