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solar energy power

Envision Energy Bags 1.67 GW Turbine Order for NEOM Green Hydrogen

Chinese turbine maker Envision Energy has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale green hydrogen plant. This plant will be powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, 171-6.5 MW wind turbines […]

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NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra

Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […]

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NTPC To Commission Second Part Of Gandhar Solar Project

NTPC will be commissioning the second part of the Gandhar Solar Power Project developed by the Maharatna PSU. The total capacity of the solar power project is 20 MW and the second part will be 10MW. NTPC revealed in a regulatory filing that the company will add 10 MW of capacity to the project on […]

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Spain’s Solar Energy Structure to Divest 90 MW of Solar Projects

Spain-based solar developer and installer Solar Energy Structure has entered into an agreement that paves the way for the divestment of up to 90 MW of PV projects. The name of the listed European independent power producer to whom the project has been divested has not been revealed yet. As per the contract, three solar […]

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CERC Declines To Give Relief To Adani Subsidiary SBSR Power Over Delay In Solar Project 

The Central Electricity Regulatory Commission (CERC), in its latest order, has refrained from granting any relief to solar power producer SBSR Power Cleantech Eleven for the delay in the commissioning of its proposed solar power project. SBSR is a subsidiary of Adani Green Energy Limited (AGEL).  The firm received a contract from the Solar Energy Corporation […]

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Real Estate Developer Gaurs Group Sets Up First 15 MW Solar Project

Real estate developer Gaurs Group has entered into the energy sector and marked the foray with the establishment of a 15 MW solar project at Mahoba, Uttar Pradesh. An investment worth INR 70 cr has been made into the said project, which spreads to an area of 50 acres. As per the company statement, the […]

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Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May

In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […]

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HPPCL Issues Tender for Supply of 5 MW Solar Project

Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction & erection, testing, commissioning and operation and maintenance for eights years for 5 MW solar power project at Bhanjal, Una, Himachal Pradesh. The last date and time of submission is June 21, 2023. The technical bid opens on June 21, 2023. […]

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