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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP

The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the city’s peak energy demand which currently stands at 3600 […]

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TOP FIVE SOLAR PARKS IN INDIA

TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW • SB Energy SoftBank In December • Hero Future Energies 2020, the park • NTPC witnessed the • ACME Solar then lowest bid • Azure Power for solar power […]

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Auction Winners Bid at Rs 2.29/unit For 500 MW GUVNL solar auction

In bids that continue to surprise, the Gujarat Urja Vikas Nigam Limited’s (GUVNL) January tender for 500 MW of solar power has attracted a very aggressive set of bids from the 4 winners declared. Fortum (through Alpha Energy- 200 MW), SJVN (100 MW), Hinduja Renewable Energy (120 MW) and UPC Renewables (80 MW) have bid, […]

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New Solar PLI Scheme Changes

Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […]

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Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India

Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […]

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Resurgent Power Ventures Pte Ltd Gets UP Power firm through IBC process

Tata Power backed Resurgent Power Ventures has been selected for takeover of the South East UP Power Transmission Company Limited (SEUPTCL) by the resolution professional handling the case of the bankrupt transmission firm.  A Letter of Intent (LOI) selecting Resurgent Power Ventures Pte Ltd (Resurgent) has been issued under the  Insolvency and Banking Code (IBC)proceedings, […]

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Tunisia Awards 500 MW Solar Projects

Tunisia has awarded several solar power projects to bidders in a bid to move closer to its international obligations for its domestic renewable share of energy. The combined output of all these solar projects will be 500 MW. The new solar projects will be located in different governorates of Tunisia. The largest of all is […]

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Central Railway Adds 4 More Locations Generating Solar Power in Maharashtra

Rooftop solar installations in four more railway properties have begun to produce solar power in the Central Railway zone. The four newly added locations are Igatpuri railway hospital, Igatpuri railway station, Kasara railway station and Titwala cabin. The Central Railway says that that with the addition of the four new locations in the network, the […]

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