SUBSCRIBE NEWS LETTER

solar power energy

Andhra Pradesh Announces Financial Assistance for Solar Rooftop Plants

Andhra Pradesh Eastern Power Distribution Corporation Limited (APEPDCL) announced last week that residential customers interested in installing grid-connected rooftop solar (RTS) plants would now be entitled to receive central financial assistance. The Ministry of New and Renewable Energy (MNRE) has sanctioned 8MW capacity in the residential sector under Phase II of the RTS program for […]

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […]

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NTPC Tenders For 500 MW of Solar EPC Projects

Close on the heels of announcing an aggressive reset of its renewable energy targets, state owned NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The tender, floated on Friday last week (July 2) has a last date […]

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Azure Power Secures $163 Million Investment for 300 MW Solar Project

NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […]

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US Researchers Develop Hydrogen Energy Storage Evaluation Tool

Researchers at Pacific Northwest National Laboratory (PNNL) have developed a valuation tool that analyzes different energy storage technologies as part of an integrated and increasingly decarbonized energy system. Hydrogen energy storage is the latest addition to the modelling suite, and it brings a unique capability to the tool. The Energy Storage Evaluation Tool (ESET) is […]

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Ather Energy Expands To Delhi

Indian electric scooter maker, Ather Energy today inaugurated its new experience center (retail outlet) ‘Ather Space‘, at Lajpat Nagar, New Delhi. This is Ather Energy’s 10th experience center in India, to provide a unique ownership experience along with service and support for owners. The Ather 450X,  Ather’s main offering, alongside the Ather 450 plus will […]

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RERC Extends Implementation of New Rooftop Solar Rules Till Mid Sept

The Rajasthan Electricity Regulator Commission (RERC) has extended the the implementation date of new net metering norms for solar rooftop projects, which benefit only household consumers and bars commercial projects with over 10 kilowatt capacity, from July 1, 2021, to September 15, 2021. Under net metering, the consumer uses cheaper rooftop solar power instead of the […]

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Punjab Power Crisis The Worst Case Scenario For Poor Policy Decisions

Less than 72 hours after Union Minister R.K. Singh spoke about a target of 24×7 power, Punjab, one of the most  prosperous North Indian states, is plunged into a power crisis. In this crisis lies the case for some of the biggest reforms that have been pending due to resistance from multiple states, including Punjab […]

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ACME Solar’s Rajasthan Projects Back On Track, After Withdrawal OF Termination Notice

ACME Solar, which had filed for termination of some of its solar projects in Rajasthan, has withdrawn the termination notice, following an amicable settlement of the issue with SECI (Solar energy Corporation of India). This was informed by the firm at the Central Electricity Regulatory Commission (CERC), where it had filed the plea for termination. […]

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