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Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS

The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […]

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BHEL Seeking Auxiliary Transformers For 129 MW SCCL Solar Plant

The last date for bid submission is June 3, 2019 Bharat Heavy Electricals Ltd. (BHEL) has issued a tender, inviting quotations for supply of auxiliary transformers for the 129 MW Singareni Collieries Company Ltd. (SCCL) solar PV power plants in Telangana. The brief scope of work for the selected bidders will include the design, engineering, […]

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Indian Oil Floats Tender For 150 kW Solar Plant in Assam

The last date for bid submission is June 3, 2019 The Indian Oil Corporation (IOCL) has issued tender, inviting bids from eligible bidders for the deployment of 150 kW ground-mounted grid-connected solar PV power plant at its LPG Bottling Plant in North Guwahati, Assam. The brief scope of work for the selected bidders will include […]

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Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue

If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […]

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Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd

Industry Needs Some Breathing Space in Terms of Prices to Grow   Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […]

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Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs

This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […]

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JinkoSolar Clinches Intersolar Award 2019 under PV Category

Besides, the Chinese module maker also provides a linear 30 years of performance warranty to its customers. JinkoSolar Holding, one of the world’s largest and innovative solar module makers, has received the Intersolar Award 2019 for its Swan bifacial module having DuPont’s transparent backsheet, under the category of ‘Photovoltaics’ (PV). The company has won this […]

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Can a change in government make an impact on the solar sector?

With the 17th Lok Sabha Elections taking centre stage since April, this is the question that really matters for anyone in the solar sector. We speak to 3 industry experts to give you a perspective. Animesh Damani, Managing Partner, Artha Energy Resources “We strongly believe that commitment, focus and execution of the incumbent regime towards […]

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Fifth Extension For SECI’s 97.5 MW Rooftop Solar Scheme

Bidders will now have until May 30, 2019, to submit their bids for the development of the rooftop solar projects under the scheme. The Solar Energy Corporation of India (SECI) has extended the deadline for submission of bids on its 97.5 MW grid-connected rooftop solar PV system scheme for government buildings, for the fifth time. […]

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