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Latest Solar Auction in Germany Oversubscribed by 3.5 Times

The latest solar PV auction for ground-mounted capacity in Germany concluded with three and half times oversubscription with 574 bids totalling 5.5 gigawatts (GW), surpassing the 1.6 GW of capacity up for auction. The German Federal Network Agency, the Bundesnetzagentur,  published the results for the tender that sought 1.61GW of solar PV capacity. According to […]

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JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar

Jaipur Vidyut Vikas Nigam Limited (JVVNL) has planned to decrease the timeline for net-metering procedures to 18 days to expedite the process of rooftop solar installations in the city. It comes at a time when the Union government has also put a thrust on boosting rooftop solar installations through the newly announced Pradhan Mantri Suryodaya Scheme. At […]

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With $500 million of Production Tax Credits, 600 MW Solar Project Moves Ahead In US

Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in Electric Reliability Council of Texas (ERCOT) which provides power to the grid in the […]

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Delhi Govt Announces ‘Free Electricity’ For Solar Rooftop Users

Delhi Chief Minister Arvind Kejriwal promised a ‘zero electricity bill’ for energy users who opt for rooftop solar today. The CM said the government had made a special provision in the upcoming Solar Policy to give solar prosumers free electricity in Delhi.  The state cabinet recently approved the state solar policy. The government will soon […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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India’s Renewable Energy Capacity To Reach 54% By 2047: NREL

A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […]

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BHEL Haridwar Issues Tender for 5 MW Solar Project

Bharat Heavy Electricals Ltd (BHEL) has issued a tender notification seeking developers for its 5MW solar project at Ranipur facility in Haridwar, Uttarakhand. The project will be developed under BOOM mode comprising design and construction responsibilities of design-build procurements with operations and maintenance of the project. The bids will have to be submitted by February […]

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₹650 cr Morbe Dam Solar Project Tender To Be Issued Soon by NMMC

The Navi Mumbai Municipal Corporation (NMMC) will be issuing tender for a 100 MW solar PV project at the Morbe Dam that lies in Raigad, Maharashtra. The solar power project was initially conceived in 2012 but didn’t fructify due to several reasons. It is now finally progressing after a 12-year delay. NMMC also has plans […]

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PV Module Manufacturer Alpex Solar Seeks Rs. 75 Crore Through IPO At NSE Emerge

The solar boom continues to make itself felt more publicly, with yet another firm, Alpex Solar, planning an IPO in February this year. Alpex solar has filed its Draft Red Herring Prospectus (DRHP) with NSE Emerge, for an IPO it hopes to complete during the month. The issue size comprises a fresh issue of 64,80,000 […]

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