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“Policymakers Must Incentivise States to Phase Out Old Thermal Plants and Adopt RE to Replace Them,” – Anand Desai, Managing Director, Anupam Rasayan

Gujarat-headquartered chemical manufacturing company Anupam Rasayan announced last month that it had invested Rs 43 crore to set up a 12.5 MW captive solar power plant to help the company rationalise energy costs through an estimated saving of around Rs 10 crore per annum for the next 25 years. The firm, which has completed a […]

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EQT Makes Voluntary Takeover bid for Spanish Solar Developer Solarpack

A global investment organization, EQT Infrastructure has announced a voluntary takeover bid for 100 percent of the share capital of Solarpack Corporación Tecnológica, S.A, a Getxo-based developer and owner of solar PV plants, mainly active in Spain, Chile, and India.  Before the announcement, EQT Infrastructure has signed permanent agreements with the Vendor Shareholders (Beraunberri, S.L., […]

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Tata Motors & Tata Power Inaugurate India’s Largest Solar Carport in Pune

Tata Motors and Tata Power today jointly inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune. The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons […]

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UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan

An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […]

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Soltec Launches SFOne Solar Tracker with Double Row 1P Configuration

Murcia-headquartered solar tracker manufacturer Soltec announced yesterday the launch of SFOne, a new solar tracker with a double row 1P configuration, which is said to be adaptable to all types of projects in the global market. The Spanish company, which has experience in multi-stack 1P technology with the launch in 2009 of the SA Series […]

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15 MW Nangal Floating Solar Bid Deadline Gets 12th Extension From SECI

SECI has extended the bid submission deadlines for the 15 MW floating solar plant at Nangal Pond, In Himachal Pradesh’s Bilaspur District, by a further period to July 19, 2021. This should make this the 12th extension for the project now. The tender had first been released in July last year. Power from the project […]

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Will 2021 be The Year Solar Saves California?

California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […]

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Research Flags Risks To US Solar Loans From Chronic Underperformance

California-headquartered kWh Analytics has released the latest edition of its annual report Solar Risk Management, which reveals that wildfires reduced energy production by up to 6% in the Western U.S. in 2020. Solar Risk Management 2021, which provides investors with latest insights on the evolution of solar generation risk, spans three sections and contains contributions from over […]

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NTPC Tenders For 4MW Ground-mounted Solar Plus BESS System at NETRA

As announced in our earlier article, NTPC is looking to further strengthen its footprint in the green and clean fuel sector. The company has issued a tender for the installation of a 4 MW ground-mounted solar project with a 1 MW/1 MWh battery energy storage system (BESS) and induction-based cooking system at its NTPC Energy […]

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