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New York Installs 3 GW of Solar Capacity By Q3 FY21

According to the governor of New York, Andrew Cuomo, the state has installed 3 GW of solar capacity by the end of Q3 FY21, with the state’s total pipeline reaching 5.7 GW. The state had added a capacity of 2,840.3 MW by Q1 2021, which took New York to the 10th position nationally in the terms […]

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Zhongnan Group Starts Construction of a New 5 GW Solar Factory

The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […]

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Oriano Bounces Back in Business With 350 MWp of New Solar Projects

Mumbai-based Oriano Solar has started constructing 350+ MWp of utility-scale solar projects across various states in the country. With this project, the construction engineering company has more than Rs 300 crore-contracts in hand. In development business, Oriano said it recently won 70 MW of allocation in the state of Uttar Pradesh for C&I customers and closed […]

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SECI’s 1200 MW ISTS Connected Solar Tender For Karnataka Is Out

The Solar Energy Corporation of India (SECI) has finally floated the much awaited 1,200 MW ISTS-connected  (Interstate transmission system) solar tender for (Tranche X) in Karnataka. A large tender for Karnataka comes after a significant gap, considering the high penetration of renewable energy in the state already. The last date to submit bids is Friday, […]

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US Utility-scale Solar PV to Cost $16.89/MWh by 2030, Expects NREL

A new report published by research institute National Renewable Energy Laboratory (NREL) has found that the prices of utility-scale solar PV in the US could down as much as $16.89/MWh by 2030. US Department of Energy‘s NREL specializes in the research and development of renewable energy, energy efficiency, energy systems integration, and sustainable transportation. Its 2021 […]

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Enel Green Acquires 3.2 GW Solar Portfolio in the United States

Renewable energy company Enel Green Power North America has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned […]

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Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026

A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […]

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Kerala’s 1kW Rooftop Solar Systems to be Available at Rs 53,651

The lowest bid received by the Kerala State Electricity Board (KSEB) for residential rooftop solar systems of up to 1 kW has been discovered to be ₹53,651/kW. In February this year, KSEB floated a tender to empanel contractors for providing EPC (engineering, procurement, and construction (EPC) services for 200 MW of grid-connected residential rooftop solar […]

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IndiGrid InvIT Completes Rs 660 crore Acquisition Of Fotowatio’s India Solar Assets

IndiGrid, the Infrastructure investment trust (InvIT) has announced  the formal acquisition of the entire stake in two solar energy assets with cumulative capacity of 100 MW from Spanish developer Fotowatio Renewable Ventures (FRV) at an enterprise value of Rs 660 crore. The firm had actually made a regulatory filing on these back in December 2020. […]

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