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solar power

ACME Signs Deal With Brookfield Renewable for 450MW Solar Project

One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable,  an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India.  Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […]

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Hindustan Zinc Bags CII’s Award For 22 MW Solar Plant

One of the leading Indian zinc-lead and silver producers, Hindustan Zinc has won the ‘Best Application & Uses of Renewable Energy (Large Project)’ award at the 5th Edition of the CII National Energy Efficiency Circle Competition 2021 for its Rampura Agucha Mine’s 22 MW solar plant, based in Udaipur, Rajasthan.  Hindustan Zinc, a Vedanta Group […]

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The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender

Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […]

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ISTS Waiver Extended By 2 Years For Solar, Wind Energy

“The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […]

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Biofuels: Empowering the Economy and Conserving the Environment

Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […]

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CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project

The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […]

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PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia

Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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EQT Makes Voluntary Takeover bid for Spanish Solar Developer Solarpack

A global investment organization, EQT Infrastructure has announced a voluntary takeover bid for 100 percent of the share capital of Solarpack Corporación Tecnológica, S.A, a Getxo-based developer and owner of solar PV plants, mainly active in Spain, Chile, and India.  Before the announcement, EQT Infrastructure has signed permanent agreements with the Vendor Shareholders (Beraunberri, S.L., […]

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