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solar energy

MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender

The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder,  while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […]

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RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects

REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […]

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Meyer Burger Announces First Sales Partner for Solar Roof Tile Project

Meyer Burger Technology, a firm known for its production facilities in the photovoltaic industry, had announced the pilot phase of its solar roof tile. Now, the firm has revealed that it has onboarded its first distribution partner from the roofing trade. Dachdecker-Einkauf Süd eG (DE Süd), a market-leading specialist roofing distributor in Germany, will look […]

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Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels

Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […]

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Germany Looks to Fund India’s Energy Transition Projects with €1 billion

Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […]

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Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […]

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NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […]

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AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt

AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects.  The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […]

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