SUBSCRIBE NEWS LETTER

solar project finance

MSEDCL Seeks 500 MW Solar For Meeting RPO Obligations

Maharashtra discom MSEDCL (Maharashtra State Electricity Distribution Company Limited) has issued an RFS (request for selection) to procure solar power up to capacity of 500 MW from Grid connected Solar Projects through Competitive Bidding Process (conducted through electronically facilitated online web based portal of M/s ISN Electronic Tender followed by reverse auction). While a pre-bid […]

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Decentralized Solar Offers Energy Solutions In Climate Vulnerable Regions in India

A significant section of rural India lives in areas which are prone/accustomed to climatic adversities. Hence, people living in these regions are greater risk of being underserved, and hence, impoverished. Although there have been significant improvements in India’s rural household electrification, electricity availability for health centers, schools, and rural enterprises is still limited. A new […]

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US Solar Industry in 2020 saw Jobs Decline by 6.7% From 2019: Report

The US solar industry employed 231,474 workers in 2020, a 6.7% drop in jobs from 2019 due to pandemic restrictions and increased labor productivity The U.S. solar industry employed 231,474 workers in 2020, a 6.7 percent drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 released by […]

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Biden Administration Selects 5 GW Mega Solar Project in Africa

Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […]

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Chinese Consortium to Invest and Finance 1.1 GW Solar Farm in Brazil

The consortium of CDIL & CMEC have entered into a development agreement for the EPC and financing of a 1.1 GW solar project in Brazil The consortium of China Development Integration Limited (CDIL) and China Machinery Engineering Corporation (CMEC) has announced that they have entered into a development agreement in relation to the EPC+F (engineering, […]

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Tender Issued for 1.3 GW Solar Projects in Maharashtra Under MSKVY 

MSEDCL has issued a tender to procure 1.3 GW of solar power from grid-tied solar projects to be developed across 29 districts of Maharashtra. The Maharashtra State Electricity Distribution Co (MSEDCL), on behalf of the Maharashtra Government, has issued a tender to procure 1300 MW or 1.3 GW of solar power from grid-connected solar projects […]

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German Govt to Expand Capacity in Solar & Wind Power Auctions

The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […]

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Facebook Ties up With CleanMax for 1st Renewable Energy Project in India

Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […]

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