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Maharashtra: JSW Energy Signs Pact For 1200 MW Hybrid Projects

JSW Renew Energy Six Limited and JSW Renew Energy Thirty Limited, stepdown subsidiaries of JSW Energy Limited have signed Power Purchase Agreements (“PPAs”) with Maharashtra State Electricity Distribution Company Ltd (“MSEDCL”) for STU-connected Solar-Wind Hybrid Capacity. The company has signed PPAs for two hybrid projects, each with a capacity of 600 MW, totalling 1,200 MW. […]

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Odisha’s Paradip Port Plans To Solarise Operations, Issues Tender

Paradip Port, one of India’s large ports, has now planned to decarbonise its operations. In order to reduce carbon emissions from the major port from Odisha, Paradip Port has decided to boost the growth of solar energy on its campus. To undertake the mission, the port, based in the Jagatsinghpur district of the state, has […]

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SECI Seeks Bids To Combine 5 MW Solar With Saffron Farming In J&K

Soon after allotment of the 25 MW/50 MW solar plus storage project to Gujarat-based solar EPC Prozeal, Solar Energy corporation of India (SECI) has now sought bids to develop 5 MW(AC) grid connected saffron based Agro-Solar PV Power Plant with 10 years. The project is located at Pampore, Pulwama, J&K. SECI has set 7th November […]

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NVVN Plans To Boost Solar At NTPC Ramagundam, Simhadri

NTPC Vidyut Vyapar Nigam LImited (NVVN) has now issued a tender with an aim to boost the growth of solar on the premises of NTPC Ramagundam and NTPC Simhadri. The subsidiary of the NTPC Group plans to boost the growth of rooftop solar and ground-mounted solar projects at these sites. As per the NVVN plan, […]

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Coal Generation To Remain 30% Higher Than Solar Generation: IEA

Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […]

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AMPIN Achieves Financial Closure For 200MWp Hybrid Project

Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […]

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Alpex Solar Bags Rs 277cr Order For Solar Modules From PSU

Alpex Solar Limited has bagged an additional order to the tune of Rs 277.19 crore from a leading PSU for the supply of solar panels. The company had, earlier this month, bagged an order worth Rs 247.96 crore from the same PSU thereby taking the total quantum to Rs 525.15 crore. The solar module manufacturing […]

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INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares

Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […]

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Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs

Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use.  Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […]

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