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The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]
Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […]
Qcells, a leading solar cells and modules manufacturer, has claimed a a new world record, reaching 28.6% for tandem solar cell efficiency on a full-area M10-sized cell that can be scaled for mass manufacturing. This result was achieved having begun large-area tandem development in 2023, as major solar manufacturers across the world attempt to reach […]
GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […]
The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […]
Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […]
SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […]
Coal India Limited (CIL) has now issued an EPC tender to develop a 1 GW (AC) solar project in the Bikaner district of Rajasthan. This project is planned to be set up in the Pugal tehsil of Bikaner. It will be developed either by Coal India or through its proposed Joint Venture with Rajasthan Rajya […]
In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […]
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