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solar power projects

NHDC to Empanel Solar PV Module Manufacturers for its Solar Projects

NHDC has issued a tender for the empanelment of solar PV module manufacturers for the development of solar power projects by NHDC. NHDC Limited, a JV company between NHPC Ltd. and the Government of Himachal Pradesh, has issued a tender for the empanelment of experienced and capable solar PV module manufacturers for the development of […]

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Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA

The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […]

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ARENA Receives $1 Bn in Grant Requests for Green Hydrogen Projects

More than $3 billion worth of green hydrogen projects are vying for $1 billion in funding to build the first commercial-scale hydrogen projects in Australia More than $3 billion worth of green hydrogen projects are vying for close to $1 billion in funding from the Australian Renewable Energy Agency (ARENA) to build the first commercial-scale […]

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Power Demand Drop Expands to 19.7% in June First Week

A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May to 19.7 percent in June. A relatively cooler first week of June in many parts of the country has seen the power demand slump widen from 8.8 percent in May […]

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Keventer Agro Executes Largest Rooftop Solar Plant in Eastern India

Food and beverage company Keventer Agro has commissioned eastern India’s “largest” rooftop solar plant at Barasat in West Bengal. City-based food and beverage company Keventer Agro on Friday said it has commissioned eastern India’s “largest” rooftop solar plant at Barasat in West Bengal. The 2.15-MW project is expected to yield 2.83 million units of energy, it said. The plant […]

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US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar

The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […]

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Valmont Buys Majority Stake in Solbras – Energia Solar

Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […]

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Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage

Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […]

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Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac

A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […]

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