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solar power developers

DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears

The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […]

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Tata Power, NAREDCO Collaborate To Set Up 5000 EV Charging Stations in Mumbai

National Real Estate Development Council (NAREDCO) – one of the premier bodies of real estate in India – and Tata Power have announced a collaboration to set up 5000 electric vehicles’ charging stations in Mumbai. The charging stations will come up in the properties or residences of the developers who are members of NAREDCO. The […]

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Wind Power Now Accounts For 8% Of Global Generation

A surge in Chinese offshore installations has pushed global wind capacity additions to nearly 100 GW for 2021, according to new research from Rethink Energy. Hitting 92.5 GW for the year, the figure surpassed expectations of 86.4 GW, despite additions falling by 25% compared to 2020. The findings are set out in a new report […]

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GRIDCO Will Buy 200MW Solar Power from NTPC

Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […]

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Offshore wind developers alliance to launch 16 new R&D projects

UK-based Carbon Trust’s Offshore Wind Accelerator (OWA), a collaboration between nine offshore wind developers, is launching 16 new research and development (R&D) projects this year. The Carbon Trust is a company that helps organisations reduce their carbon emissions and become more resource efficient. The planned 16 projects span five key areas of logistics and operations […]

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Solis on Top In Solar Rooftop Market in India, Says Report

Research firm Bridge to India, in its India Solar Rooftop Map (Report) for December has some interesting findings. The report highlights total cumulative solar rooftop capacity of 8988 MW by December 2021, with close to 75% accounted for by capex projects. The Industrial segment dominates the rooftop category, with over 50% share of total capacity, […]

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Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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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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