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UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan

An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […]

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Soltec Launches SFOne Solar Tracker with Double Row 1P Configuration

Murcia-headquartered solar tracker manufacturer Soltec announced yesterday the launch of SFOne, a new solar tracker with a double row 1P configuration, which is said to be adaptable to all types of projects in the global market. The Spanish company, which has experience in multi-stack 1P technology with the launch in 2009 of the SA Series […]

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AP High Court Throws Out 6.4 GW State Solar Auctions

The Andhra Pradesh High Court declared yesterday that the state government’s  6.4 GW solar project auctions were bad in law, and  quashed the request for selection (RfS) and power purchase agreement (PPA)  for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […]

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ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs

The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers.  According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […]

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15 MW Nangal Floating Solar Bid Deadline Gets 12th Extension From SECI

SECI has extended the bid submission deadlines for the 15 MW floating solar plant at Nangal Pond, In Himachal Pradesh’s Bilaspur District, by a further period to July 19, 2021. This should make this the 12th extension for the project now. The tender had first been released in July last year. Power from the project […]

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SJVN & NDMC Agree Terms For 150 MW Solar Power Sale

Hydroelectric power generation company SJVN has announced an agreement with the New Delhi Municipal Council (NDMC) to sell 150 MW of solar power from SJVN projects that it plans to bid and develop under the Central Public Sector Undertaking (CPSU) Scheme. In accordance, NDMC will purchase this solar power at a rate of Rs. 2.44/kWh tariff […]

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WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy

Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant.  Borealis is one of the world’s leading providers of […]

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Research Flags Risks To US Solar Loans From Chronic Underperformance

California-headquartered kWh Analytics has released the latest edition of its annual report Solar Risk Management, which reveals that wildfires reduced energy production by up to 6% in the Western U.S. in 2020. Solar Risk Management 2021, which provides investors with latest insights on the evolution of solar generation risk, spans three sections and contains contributions from over […]

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NTPC Tenders For 4MW Ground-mounted Solar Plus BESS System at NETRA

As announced in our earlier article, NTPC is looking to further strengthen its footprint in the green and clean fuel sector. The company has issued a tender for the installation of a 4 MW ground-mounted solar project with a 1 MW/1 MWh battery energy storage system (BESS) and induction-based cooking system at its NTPC Energy […]

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