SUBSCRIBE NEWS LETTER

solar capacity

Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid

The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […]

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Maharashtra Plans Swiss Challenge Method for Floating Solar Power Bids

The Swiss challenge system says anyone with the suitable credentials can submit a development proposal to the government for the projects. Thereafter the proposal will be put online and the other interesting parties can suggest the changes in the proposal. Also, they can oppose it. To finalize a bidder to set up the floating solar […]

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SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project

Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […]

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ACME Group Won 50 MW Solar Power Project in SECI Reverse Auction

It is a very tough project due to site access, soil condition, difficult contour, high wind speed and lower GHI (Global Horizontal Irradiance). The tariff remains lower than forbearance price of Rs 3.48 per unit. In an auction conducted by Solar Energy Corporation of India (SECI), ACME Group said it has won 50 MW solar […]

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Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers

“Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […]

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Amazon to Generate 8,000 KW of Solar Power via Solar Panels Installations

Apart from expanding existing capacity in Delhi, the company has plans to add large-scale solar panel systems at the fulfillment centers and two sortation sites located in Mumbai, Chennai, and Bangalore. In order to generate the clean energy and fulfill its power demands for fulfillment centers and sortation sites, Amazon India is eying to install […]

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Azure Power Wins 75 MW Solar Power Project in NE

The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […]

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Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India

Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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