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REC Sales up 64 Percent to 21.42 Lakh Units in February

Sales of REC rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand Sales of renewable energy certificates (REC) rose over 64 percent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago […]

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Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI

FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […]

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GUVNL to Procure Power From 700 MW Solar Projects in Dholera

GUVNL has issued a tender for the purchase of power from 700 MW of grid-connected solar PV power projects located in 1000 MW Dholera Solar Park (Phase-IX). The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender for the purchase of power from 700 MW of grid-connected solar PV power projects located in 1000 […]

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GUVNL Awards Solar Contracts Worth 350 MW to its Three Bidders

GUVNL has awarded contracts worth 350 MW to the three bidders that submitted bids in its latest tender for the purchase of power from 500 MW solar projects The Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded contracts worth 350 MW to the three bidders that submitted bids in its latest tender for the purchase […]

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SECI Issues RfS Document for 5 GW RTC Power From RE and Thermal

SECI has issued the RfS document for supply of 5 GW of RTC power from RE projects, complemented with power from coal-based thermal power projects in India. The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of renewable energy (RE) power developers for the supply of […]

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Solar Accounted for 40% of new US Electric Generation Capacity in 2019

Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source […]

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Distribution the Weakest Link in India’s Power Sector: IEEFA

A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […]

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MSEDCL 500 MW Solar Tender Receives Only 2 Bids Worth 350 MW

MSEDCL latest tender for the long-term procurement of power from 500 MW solar projects has received only two bids worth a combined 350 MW. The Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) latest tender for the long-term procurement of solar power from 500 MW of intra-state grid-connected projects (Phase – V) has been undersubscribed by […]

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Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years

Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […]

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