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solar PV power projects

751.52 MW of RE Capacity Added in August, Total at 88.65 GW: MNRE

The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for August 2020, revealing that a total of 751.52 MW of RE capacity was added during the month, which took India’s total to 88.65 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for […]

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Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […]

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NALCO to Have 223.9 MW Wind Capacity on its RE Portfolio

NALCO is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to its renewable energy portfolio. The state-backed National Aluminium Company (NALCO) is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to […]

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Sungrow Bags 100% Bankability for a Second Year From BNEF

Sungrow has once again been ranked “100% bankable” by BNEF as per its latest survey of PV Module & Inverter Bankability 2020. The firm has also completed delivery for South Korea’s largest hybrid plant. Sungrow, one of the leading global inverter solution suppliers for renewables, has announced that it has once again been ranked “100% […]

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Railways Planning to Generate 20 GW Renewable Energy on Surplus Land: Goyal

Indian Railways is planning to use its surplus land to generate 20 GW of renewable energy from ‘Made in India’ solar or wind equipment to power its network The Indian Railways is planning to use its surplus land to generate 20 gigawatts (GW) of renewable energy from ‘Made in India’ solar or wind equipment to […]

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Portugal Braces to Break 1 Rupee Tariff Barrier In Bids

Portugal, which held the title of the world’s lowest Tariffs at Rs 1.22 ($16.54/Mwh) approximately after the first round of its solar auctions last year, is set to break the 1 rupee barrier in the second round of auctions, results for which are to be announced today. The earlier record had been eclipsed by Qatar’s […]

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BERC Issues Draft Regulations to Determine RE Tariffs

Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […]

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IEX Launches GTAM

CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […]

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New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV

Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […]

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