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solar energy power

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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Electronics Engineer for Solar Services

We are currently seeking an Electronics Engineer experienced in the whole process of product lifecycle management of Utility scale central photovoltaic inverters for solar farms to support our sustaining activities on both the existing installed base and future expansions. The ideal candidate has acquired a profound insight into the PV field design constraints and grid […]

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CERC Asks SECI to Compensate Developer For BCD On Solar Cells

The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […]

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Mcdonald’s Operator Westlife To Power A Third Of New Stores With Solar By FY24

To mark World Environment Day 2023, Westlife Foodworld Ltd. (formerly Westlife Development Ltd.) – owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy. In […]

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NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually 

India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […]

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IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023

The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […]

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