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solar power

Sterlite Power Bags Green Energy Transmission Project in Rajasthan

Private sector power transmission infrastructure developer and solutions provider across India and Brazil, Sterlite Power,  has bagged a transmission project for evacuation of power from Renewable Energy Zones in Rajasthan. These are under Phase-III Part G. Sterlite Power won the project through the bidding process via tariff-based competitive bidding (TBCB). The firm received the Letter […]

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“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair

With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […]

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Solar, Wind Account for 92% Of Capacity Additions In 2022 In India

New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […]

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Assam Cabinet Approves 620 MW of Green Power Projects

In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […]

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Ørsted Acquires 160 MW Irish Solar Project ‘Garrenleen’

Ørsted has announced the acquisition of 160-MW capacity Irish solar project Garrenleen from RE conglomerate Terra Solar. It’s the second solar project of Ørsted in Ireland and will be able to power up to 56,000 households annually. This is also expected to be one of the largest solar farms in the country. Subject to Ørsted’s […]

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SECI Re-issues Tender for 100 MW Floating Solar at Getalsud Dam, Ranchi

SECI has invited bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) floating solar PV project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. It’s a global tender. The SECI tender says that the last date for bid submission has been kept on May 2, 2023 and […]

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Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round

Solar financing platform Aerem has raised $5 million in Pre-Series A round led ​​by climate-tech investor Avaana Capital. The round also saw follow-on participation from Blume Ventures and it includes debt financing of $1.5 million from financial institutions. Financing has been a key issue seen to impact uptake of solar in the MSME segment, and […]

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USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio

Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […]

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India Adds Just 487 MW of Solar Capacity in February 2023

As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […]

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