Subscribe to our newsletter to get the latest scoop right into your inbox.
Nextracker™ has announced the crossing of the 50 gigawatts (GW) in global shipments for it. The achievement makes it the first solar tracker firm to get there, and marks the relevance of a technology that is on the ascendance once more, as more efficient modules hit the market. The 50 GW figure is equivalent to […]
Close on the heels of its tender for vendor empanelment for 200 MW of solar rooftop capacity across the state, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids to procure 1,250 MW of solar power from projects developed in various districts of Maharashtra. The bids are under the state’s own Mukhyamantri Saur […]
The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […]
The increase in module prices and the recent hike in GST rate for solar power equipment from 5% to 12% is likely to increase the tariffs in the forthcoming solar bids by ~20-25 paise per unit from the levels seen over the past six months, finds a new ICRA report. Nonetheless tariffs are likely to […]
Chinese turbine maker MingYang Smart Energy has secured a supply contract with PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. The project is the largest offshore wind power project in Vietnam and the entire Southeast Asia so far. MingYang, which was listed on the New York Stock Exchange from 2010 […]
The Solar PLI manufacturing bids have finally been opened by the Indian Renewable Energy Development Agency (IREDA). And the results are really interesting. Not only have relatively new players bid more aggressively making it tougher for incumbents to qualify, but it also sets the stage for a really interesting domestic market. The Solar PLI scheme […]
Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […]
The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for the setting up of interstate transmission system (ISTS)-connected wind power projects on build own operate (BOO) basis for an aggregate capacity of 1200 MW. SECI, which was established to implement National Solar Mission (NSM), will select wind power developers under tariff-based […]
Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […]
Subscribe to our newsletter to get the latest scoop right into your inbox.