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solar power companies

Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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AC Energy, ib vogt to invest in large-scale solar projects in Asia

AC Energy (ACEN) is linking up with German firm ib vogt to generate at least 1,000 megawatts (MW) of solar projects throughout Asia in the years ahead, it announced Monday. “The joint venture partners will focus on late-stage, shovel-ready projects in Indonesia, Vietnam, Malaysia, Laos, Bangladesh, and other countries in the region,” said the Ayala-led […]

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CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders

The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […]

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Nepal Will Export Solar Power to India, Joins ISA

India will import solar energy from Nepal and the Himalayan country will also join the International Solar Alliance (ISA) led by India. This is the crux of the outcome of the three day visit of Nepalese Prime Minister Sher Bahadur Deuba to India. The delegation level talks between Indian PM Narendra Modi and Deuba led […]

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Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry

The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators.  The data reveals that at the end of […]

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Tata Power, Rustomjee Group collaborate for EV charging infrastructure in Mumbai

Tata Power has announced that it has tied up with Rustomjee Group, a real estate developer, to install end-to-end electric vehicle (EV) charging solutions in all residential and commercial projects in Mumbai Metropolitan Region (MMR). Tata Power will set up dedicated EV charging facilities for the residents of Rustomjee Group properties in Mumbai MMR, enabling […]

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U.S. to consider tariffs on solar panels made in Southeast Asia

U.S. trade officials on Monday said they will launch an investigation that could result in tariffs on solar panels imported from four Southeast Asian nations, a blow to clean energy project developers that rely on cheap imports to keep costs down. The Commerce Department’s decision regarding imports from Malaysia, Thailand, Vietnam and Cambodia was a […]

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Italy Signs € 1.5 Billion Support for Rooftop Solar in Agriculture Sector

Minister for Agriculture, Food and Forestry Policies of Italy, Stefano Patuanelli has signed a new rebate scheme under which € 1.5-billion worth support will be given to the country’s agricultural sector for installing rooftop solar. This is distinct from Agrivoltaics, which involve a more integrated approach of combining solar power installations with agriculture. The financial […]

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Austria will Release €250 million for Wind and Solar Projects

Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […]

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