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First Solar Sells North American O&M Business to NovaSource

First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […]

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Indian Oil Tenders for 600 kW Solar Project in Haryana With Net-Metering

Indian Oil has tendered for the EPC work on 600 kW solar power projects at the company’s LPG bottling plant in Karnal, Haryana with Net-Metering facility. The Indian Oil Corporation (IOCL) has issued a tender, inviting bids from eligible bidders to take up the Engineering, Procurement and Construction (EPC) work on setting up of 600 […]

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MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023

MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […]

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J-Power, SPDI, Avondale & AP Solar to Develop 400 MW Solar Project in Texas

J-POWER USA, SPDI, Avondale Solar and AP Solar have agreed to jointly develop Charger Solar, a 400 MW ac solar project located in Refugio County, Texas. J-POWER USA, a subsidiary of Tokyo-based J-Power, Solar Plus Development Inc (SPDI), a subsidiary of Plus Renewable,  Avondale Solar and AP Solar, a joint venture company between Plus and Avondale, have […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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SECI to Conduct a 2nd Pre-Bid Meeting for Solar + Storage Tender in Ladakh

SECI has notified that it will be conducting a second pre-bid meeting for its tender for setting up of 14 MW solar plants along with 42 MWh BESS in Ladakh The Solar Energy Corporation of India (SECI) has notified that it will be conducting a second pre-bid meeting for its tender for the selection of […]

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KfW Grants Rs 600 Cr Loan for 125 MW Solar Project in West Bengal

KfW has granted a Rs 600 crore loan to WBSEDCL for the work on the first phase of a 125 MW solar project in the Purba Medinipur district of West Bengal. German state-owned development bank KfW has granted a Rs 600 crore loan to the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the […]

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JA Solar Supplies Bifacial Modules for Solar Project in Malaysia

JA Solar has supplied 43.8 MW bifacial double-glass modules for the 1st solar project that combines bifacial double-glass modules with trackers in Malaysia. JA Solar has announced that it has supplied 43.8 MW bifacial double-glass modules for the first solar project that combines bifacial double-glass modules with trackers in Malaysia. The project is expected to […]

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Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL

Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […]

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