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SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders

SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […]

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Corporates and Multinationals Showing Interest in Solar-powered Factories

There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […]

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Coimbatore’s 2 Smart City Projects Get Administrative Approval

Out of the two projects one is multi-level car parking facility at DB Road and the other project is 3.6 MW solar power plant at Ukkadam. Under the smart city mission, the city corporation of Coimbatore is ready to implement two of its ambitious projects as the standing committee has provided its administrative nod for the same. […]

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Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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CleanMax Founder Kuldeep Jain Gets Young Alumni Achiever’s Award from IIM Ahmedabad

Jain has received the award from Prof. Errol D’Souza – Director and Prof. Rakesh Basant – Dean, Alumni and External Relations at the college campus. IIM Ahmedabad has honoured Kuldeep Jain Founder and Managing Director of CleanMax Solar with Young Alumni Achiever’s Award 2017-18 under the entrepreneurship category. Further, Jain has received the award from Prof. Errol D’Souza […]

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CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power

We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […]

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IIT Madras, CPCL Ink Pact to Solarize Villages

The proposed project will be executed over the period of next 2 years and will cost around 14.49 crore in Rupees. The project will be executed in coordination with the government of Tamil Nadu. To provide a solar power, clean drinking water and create better sanitation conditions in the villages of Vellalapakkam, Gopurajapuram, and Panangudi […]

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Specialists Warn of Dubious, Less Durable Solar Products

The awareness programme was launched to explore the opportunity that needs to be tapped in the backdrop of the Central Government fixing solar power target to one lakh MW by 2022. As the country is going through a transformation from the conventional source of energy to clean energy there are various dubious or less durable […]

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India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report

The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […]

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