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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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Azure Power Gets LoA for 300 MW Project in SECI Auction

The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […]

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NBCC Floats Tender for 450 kW Rooftop Solar Systems

NBCC has issued a tender for the installation of 450 kW rooftop solar systems at the residential and training complex for the SPG in Dwarka. The National Buildings Construction Corporation (NBCC) has issued a tender for the installation of 450 kW grid-connected rooftop solar systems at the residential and training complex for the Special Protection […]

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Maharashtra Tenders for 137 MW Solar Plants in Three Districts

MAHAGENCO has issued an NIT for the deployment of 137 MW of solar power plants in three districts of Maharashtra The Maharashtra State Power Generation Company (MAHAGENCO) has issued a Notice Inviting Tenders (NIT), inviting bids from eligible parties for the deployment of 137 MW of solar power projects in three districts of the state. […]

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Tender for 1.7 MW Rooftop Solar Projects Issued in Punjab

PSTCL has issued a tender for deployment of 1699 kW of rooftop solar plants on buildings of PTSCL in Punjab under RESCO model. The Punjab State Transmission Corp (PSTCL) has issued a tender for deployment of 1699 kW of grid-connected rooftop solar plants on buildings of PTSCL under RESCO model. The Ministry of New and Renewable […]

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Hyundai Launches Sonata Hybrid with Solar Roof System

Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. Hyundai Motors has launched the new Sonata Hybrid equipped with a solar roof system. The system recharges the battery to increase travel distance while preventing unnecessary battery discharge. The solar roof system, with 6 hours of daily charging, is expected to increase […]

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Industry Reacts to High Court Stay on AP Order for PPA Review

High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […]

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Global Solar PV Installations to Reach Record 114.5 GW in 2019

A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […]

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8 Key Points From KUSUM Scheme Implementation Guidelines

MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […]

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