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ACME wins 75 MW project in Jharkhand

ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […]

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SolaireDirect bags 75MW solar power project in Uttar Pradesh

French multinational electric utility company ENGIE through its subsidiary Solairedirect has won a 75 MW solar power project in Uttar Pradesh. The firm has quoted viability gap funding (VGF) of Rs.7.435 million/MW. Last week Solar Energy Corporation of India (SECI) awarded a 50MW project to Indian conglomerate RattanIndia Power in Allahabad, Uttar Pradesh with VGF […]

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Madhya Pradesh to Provide Cheapest Solar Power till Date

Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […]

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Beyond Odd-even, Delhi apt Solar to threshold Pollution

Delhi Government is on a hurl to mitigate pollution; going beyond its odd-even formula the government has now proposed a ‘green fund’ to keep the air clean through solar plant installations. The Delhi government had recently organised a discussion with the city’s RWAs to formulate effective policies to conserve electricity. Power Minister Satyendar Jain had […]

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Haryana brings perky policy for Solar Sector emphasizes on Rooftop Solar

The Haryana Government aims to generate 4,000-megawatt clean power using solar energy by 2022. To achieve the promising plan the government has braced a Solar Power Policy 2016 during the concluding day of the two-day ‘Happening Haryana Global Investors Summit’ in Gurgaon. The new policy aims to promote generation of green and clean power through […]

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ENGIE bags 40 MW solar power project in Peru

French multinational electric utility company ENGIE through its subsidiaries Enersur and Solairedirect has won a 40 MW solar power project as part of the 4th nationwide call for tenders launched in Peru. The company in a statement said this performance in the context of a very selective bidding procedure, reflects the highly competitive price offered […]

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SECI invites engagement of Advisor/Consultant for developing business prospects under Solar Pumping Programme

Solar Energy Corporation of India Ltd. has invited applications from eligible Indian National for engagement as Consultant/Advisor for developing business prospects under its Solar Pumping Scheme. The contract period is initially for a period of 06 months and can be terminated by giving a prior notice of minimum 2 (two) weeks and may be extended […]

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Global Solar PV Pipeline well Crosses the 200 GW Mark

With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […]

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Solar Power Tariffs to witness Legitimate Fall – Study

Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […]

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