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solar power energy

AGEL Arm Wins Compensation Claim From CERC For Rajasthan Wind Solar Hybrid Project

In a petition brought forward  as the developer of a 450 MW ISTS connected Wind-Solar Hybrid power project, entered between Adani Solar Energy Jaisalmer One Private Limited (formerly known as SBE Renewables Ten Projects Private Limited) and Solar Energy Corporation of India Limited seeking Change in Law compensation along with Carrying Cost, the CERC had […]

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Power Market Update- REC Market Records All-Time Low Price In April

Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […]

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GIPCL Seeks Bids For 500 MW Solar Project In Khavda, Gujarat

Gujarat Industries Power (GIPCL) invited bids from interested parties to participate in a tender for the commissioning of a 500 MW (AC) solar PV plant at Khavda.  Gujarat based GIPCL was awarded a 500 MW (AC) Solar Project by GUVNL, to be developed at 2375 MW RE Park located at Great Rann of Kutch, near. […]

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News In Brief On May 2 – Sunsource, GCLSI, Solar Consortium, South Africa Solar

SunSource Energy commissions a Solar Power Project for CtrlS, Asia’s Largest Rated 4 Hyperscale Data Center Operator SunSource Energy, a leading distributed solar energy company has commissioned a Solar power project for CtrlS, Asia’s largest rated 4 hyperscale Data Centre operator. Under the terms of the agreement, the Noida Data Center of CtrlS is receiving […]

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Vikram Solar Bags 250 MW Module Order From GIPCL

Leading module manufacturing firm Vikram Solar, has announce a significant a 250 MW order win from Gujarat Industries Power Company Limited (GIPCL). The company has successfully received the Letter of Intent (LoI). The sizeable order is a welcome sign of rising demand for one the oldest firms in the solar manufacturing sector The modules to […]

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Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project

Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […]

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MN8 Energy Sources 457 MW Solar Modules From First Solar

Global solar module manufacturer First Solar has placed orders with MN8 Energy LLC (MN8) for 457 Megawatts (MW) of advanced thin-film solar modules. The order included 170 MW of Series 6 plus bifacial modules and 287 MW of Series 7 modules. The modules are expected to power projects in the northeastern and southern United States […]

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SJVN Invites Bids For 1200 MW Solar Power Projects Across India

Hydro, and now, all renewable focused PSU SJVN Limited has invited proposals for selection of solar power developers. The company released a tender for setting up of 1200 MW ISTS-connected solar power projects anywhere in India under tariff-based competitive bidding, on build-own-operate (BOO) basis. SJVN is expected to enter into a Power Purchase Agreement (PPA) […]

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EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER

EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […]

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