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MNRE Extends Deadline For Solar Park Scheme Upto 2025-26

The Ministry of New and Renewable Energy (MNRE) has now issued an official notification, ordering an extension in the deadline for developing solar parks under the Solar Park Scheme and ultra mega solar power projects in the country. The new order from the ministry said that the deadline had been extended till March 31, 2026, without […]

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Poor Policy Shackling Pakistan’s Solar Potential: IEEFA

Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […]

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Avaada Energy Gets LoI for 400 MW Solar Project from GUVNL

Avaada Energy, an arm of Avaada Group, an integrated energy group with business interests in renewable power generation, solar module manufacturing, electrolyser manufacturing and green ammonia production, has received the Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) to set up 400 MW (DC) solar project. The company has won 200 MW […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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India Will Surpass 100 GW of Solar Installed Capacity By Early 2024: Report

A study entitled ‘Global Market Outlook For Solar Power 2023-2027’ (With a Focus on South East Asia) has been released. The major findings of the insightful report are as follows- Top Five Countries in Installations The top five countries that added solar installations in 2022: 1. China: 100 GW (Approx) 2. US: 21.9 GW 3. […]

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SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender

State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […]

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Punjab State Power Corporation Issues Tender To Procure 200 MW Solar Power

Punjab State Power Corporation Limited (PSPCL) has invited bids for the procurement of 200 MW solar power from grid connected solar photovoltaic power projects to be set up anywhere in Punjab. PSPCL has invited prospective bidders for the e-bidding under Swiss Challenge Method, based on an existing offer in hand of PSPCL from a bidder, […]

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Five Reasons EVs Will Deliver On Their Clean Promise

In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […]

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ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis

Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […]

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