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Reliance Subsidiary Wins SECI’s 930 MW Solar, 1860 MWh BESS Project

Reliance Power Limited (Reliance Power) subsidiary, Reliance NU Suntech Private Limited  (Reliance NU Suntech), has won a 930 MW solar contract with a battery energy storage system project (BESS). Reliance secured this project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on 9th December 2024.  Reliance NU Suntech’s successful bid for […]

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Jevargi, Juniper, Avaada, and ACME Secure 1.2 GW FDRE Tender

NHPC, has announced the winners of its 1.2 GW Firm and Dispatchable Renewable Energy (FDRE) VI auction. It awarded the bids to four winners: Jevargi Solar Power (Rays Power Infra), Juniper Green Energy, Avaada Energy, and ACME Solar Holdings. The tender for this project was released in June this year, and the results have been […]

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Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF

The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […]

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Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio

Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […]

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Bangladesh’s Tender For 353 MW Of Solar Projects To Test Pricing Claims

In what is likely to test claims of having bought power at expensive rates from developers including from India, the Bangladesh Power Development Board (BPD) has come out with its first large scale solar tender. The tender invites bids for 12 proposed solar projects across the country, ranging in size from 10 MW to 45 […]

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Airport Solar Report card-12 Airports Switched To Solar In 2024, UP Leads

The latest data shared by the Minister of State (MoS) in the Ministry of Civil Aviation (MoCA), Murlidhar Mohol in a written reply, said that about  80 airports have switched over to 100% green energy usage since 2014 in India. Besides trailblazer Kochy, it includes Bengaluru and Hubli Airport. Airports viz. Delhi, Mumbai, Hyderabad, and […]

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Solar Manufacturing Body Downplays Impact of Solar Glass Duty

In an interesting move, the Solar Ancillary Manufacturers’ Association (SAMA) a ‘Not for Profit’ company designed to safeguard the interests of the solar ancillary industry, established on August 1, 2024 by Borosil Renewables and five other founding members has rushed to provide its own calculations on the impact of the anti-dumping duties on solar glass […]

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JVVNL Issues Tender For Solarization Of Agricultral Feeders

Jaipur Vidyut Vitran Nigam Limited (JVVNL) has issued a tender for the solarisation of feeders. The Jaipur discom plans to establish decentralized solar projects within its jurisdiction under the RESCO (Renewable Energy Service Company) mode to undertake the project. The Rajasthan state agency has now issued a tender for this purpose. The deadline for bid […]

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