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Government Extends Projects deadline Granting Major Relief to the Solar Power Developers

Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […]

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Chandigarh’s Solar Power Ambitions Hit Roadblock

Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […]

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Buy Abroad Diktat Doesn’t Worry India’s Solar Sector

India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […]

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Finland’s Taaleri Mulling to Acquire Solar Power Projects in India

Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […]

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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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