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Germany’s Federal Network Agency fifth solar auction allocates 130 MW to 25 projects

Germany’s Federal Network Agency has allocated 130 megawatt to 25 successful bids in the 5th round of the country’s auction scheme for large-scale solar. The average bid amount was calculated at €0.723 ($0.799) per kWh, down from €0.741 in the previous auction in April. Bid amounts are lower on average compared to the previous tender, […]

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5200 Megawatts Solar Capacity to be added in 2016-17

India is set to add 5200 MW solar capacity this fiscal year with various states coming out with policies for the sector. The reports from a study conducted by the ratings agency, CARE, it is estimated that out of total installed renewable energy capacity of 42750 MW as on 31st March, the solar energy share […]

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JinkoSolar secures three PPAs for 188 MW of solar from Mexico’s Federal Electricity Commission

JinkoSolar, one of the top Chinese solar power firms has signed a long term PPA with Mexico’s Federal Electricity Commission (Comision Federal de Electricidad). The deal includes three solar projects that were awarded in April’s inaugural power auction. JinkoSolar, which is a Tier-1 Chinese solar company, has acquired PPA for 188 MW of solar PV […]

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There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd.

The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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Palestine grants its first solar power plant in West Bank

The Palestine Energy Ministry has granted permit to develop its first ever large scale solar power plant in the West Bank, near the city of Hebron. Palestine-based energy engineering and technology solutions firm Rack Tech has joined hands with Amsterdam-based solar power firm Gigawatt Global to build the $10 million plant will have installed capacity […]

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Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years

Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […]

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NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh

National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […]

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