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solar generation

Tata Pwr, Tata Steel to Set Up 41MW Solar Plants in Jharkhand & Odisha

Tata Power and Tata Steel, the two flagship companies of the Tata Group, have come together to develop grid-connected solar plants in Jharkhand and Odisha. The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up 41MW solar project, which will be a combination of rooftop, floating […]

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Expect Tariff Hike by 20-25 Paise/Unit in Upcoming Solar Bids: ICRA

The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […]

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India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US

A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […]

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Sojitz Corporation, Osaka Gas, Looop Partner for Rooftop Solar in Vietnam

Sojitz Osaka Gas Energy Company Ltd. (“SOGEC”), a joint venture company between Sojitz Corporation (“Sojitz”) and Osaka Gas Co., Ltd. (“Osaka Gas”), has partnered with Looop Inc. (“Looop”) to establish a new joint venture company SOL Energy Company Limited (“SOL Energy”) as of October 21. Moving forward, SOL Energy will begin operations of a rooftop […]

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John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote

At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […]

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US Residential Solar Financier GoodLeap Raises $800m

GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […]

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Goa Invites EoI to Set Up Floating Solar Plants on Four Dams

The State Government of Goa has decided to set up a floating solar power plant on four dams in the state and has invited expression of interest (EoI) for selection of solar power developer for setting up of a grid connected floating solar power plant at these sites. The solar power plants will be set […]

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Tata Power Solar to Set Up 100 MW Solar Projects in Maharashtra

Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has received Letter of Award (LoA) to build 100MW of distributed ground mounted solar projects for Energy Efficiency Services Limited (EESL). The total order value of projects is ÌNR 538 crores. The commissioning date of the projects is […]

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