SUBSCRIBE NEWS LETTER

solar energy power

Ostro and Adani Win SECI’s 1200 MW Tranche-VI Wind Auction

Ostro Energy and Adani Green Energy Park have emerged as winners in SECI 1200 MW ISTS-connected wind power projects under Tranche-VI. Ostro Energy Pvt. Ltd. and Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Ltd. (AGEL) have emerged as winners in the 1200 MW ISTS-connected wind power projects under Tranche-VI. According […]

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Tariffs Drop to 2.48/kWh in SECI’s Rajasthan 750 MW (Tranche-I) Auction

SECI has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. The Solar Energy Corporation of India (SECI) has revealed that tariffs dropped to Rs 2.48/kWh in its 750 MW grid-connected solar power projects tender auction in Rajasthan under Tranche-I. According to the […]

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Adani Green Arm Wins 130 MW Capacity in SECI’s Tranche-VII Wind Auction

Adani Green Energy Park (Gujarat) has bagged a 130 MW wind project in the latest auctions held by SECI. Adani Green Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy Limited (AGEL) has bagged a 130-megawatt (MW) wind project in the latest auctions held by the Solar Energy Corporation of India (SECI) for the […]

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FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects

Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […]

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Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050

As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […]

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BNEF Report on REN21 Renewables 2019 Global Status

The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […]

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Adani Green Arm Wins 600 MW Hybrid Capacity in SECI Auction

Adani Green Energy Arm has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest SECI auction. Adani Renewable Energy Park (Gujarat), a wholly-owned subsidiary of Adani Green Energy has bagged project capacity worth 600 MW to develop solar-wind hybrid projects in the latest Solar Energy Corporation of India (SECI) auction. […]

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MNRE Sets Up Committee For Handling Disputes Between Developers and SECI/NTPC

MNRE has observed that there a need for a Dispute Resolution Mechanism for resolving the unforeseen disputes b/w developers and SECI/NTPC. In a major decision to facilitate the solar and wind energy projects, RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) approved a proposal to set up a Dispute […]

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