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After 25 GW Capacity Target, Renew Power to Enter Cell Manufacturing

Update: Sumant Sinha, Chairman and Founder at Renew Power, has confirmed that the firm will be entering into manufacturing of solar cells, with  an initial capacity of 2000MW . Close on the heels of plans to grow total installed capacity to 25,000 MW in 5 years, comes a report in The Economic Times that Renew […]

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Freyr Energy Seeks A Growth Surge With App Launch

Hyderabad based Freyr Energy, which is focused in the rooftop solar sector with a strong presence in the commercial and residential rooftop segments, has set its sights on a larger national presence. To achieve this, the firm has launched a mobile app- SunPro+ exclusively for solar users, that it claims will help potential customers through […]

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NHPC Awards LoA for 400 MW ISTS-Connected Solar Projects

NHPC has issued a letter of award (LoA) to a Solar Power Developer (SPD) for ISTS-connected solar projects for balance 400 MW capacity in its 2 GW tender NHPC, India’s premier hydropower company which has diversified its portfolio to include solar power business has announced that it has issued a letter of award (LoA) to a […]

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SECI to Conduct Virtual Pre-Bid Meeting for 15 MW Floating Solar Tender

SECI has stated that the pre-bid meeting for its tender for setting up of 15 MW floating solar PV power plant in Himachal Pradesh will be conducted online. [Updated on July 15, 2020] The Solar Energy Corporation of India (SECI) has issued in a notice that the pre-bid meeting for its tender for setting up […]

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Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation

Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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PM Modi to Dedicate 750 MW Rewa Solar Project to the Nation

PM Narendra Modi will dedicate to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh on July 10, 2020. Prime Minister Narendra Modi will dedicate to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh on July 10, 2020. The Rewa Ultra Mega Solar Park in Madhya […]

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Gulf Energy Invests in 565 MW of Offshore Wind Projects in Germany, Vietnam

Gulf Energy Development has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. Thailand-based Gulf Energy Development which is primarily engaged in the energy sector has announced that it has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. In Germany, […]

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Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA

The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […]

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