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PPAs signed for first Wind Auction totalling 1050 MW

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […]

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Centre to Notify Guidelines for Renewable Power Procurement

Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […]

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ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO

ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […]

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Canadian Solar Energizes 52.5 MWp of Solar Power Plants in Japan

Powered by Canadian Solar’s high-efficiency MaxPower modules, the Mashiki solar power plant is expected to generate approximately 57,000 MWh of clean, solar electricity per year, which will be purchased by Kyushu Electric Power under a 20-year feed-in-tariff contract at the rate of JPY36.0 ($0.32) per kWh. Canadian Solar, one of the world’s largest solar power […]

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Goa Energy Development Agency Invites Public Suggestions on Draft Solar Power Policy

Suggestions on Draft Solar Power Policy will be compiled by GEDA and submitted to the government, which will then consider incorporating them after taking into consideration the financial implications for each. The Goa Energy Development Agency (GEDA) has received around 10 suggestions on the draft solar policy during the 10 days to receive public comments. […]

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Tailoring Solar Power for Textile Industry

The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […]

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DRAGON’S EYE on LION’S PIE

Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […]

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Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi

The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […]

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ReneSola Awarded 42MW of Solar Power Projects in Poland’s Electricity Auction

All of the 42 solar power projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 385-392/MWh. These projects are expected to be connected to the utility grid by Q2 and Q3 2018 respectively. ReneSola, a leading fully-integrated solar power project developer and provider of energy-efficient products, […]

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