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SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender

The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […]

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3.9 Mn Off-Grid Solar Lighting Products Sold in 2nd Half of 2018: Report

According to a new report, globally, 3.9 million off-grid solar lighting products were sold in the second half of 2018, an installed capacity of 32.39 MW. ‘The Global Off-Grid Solar Market Report’ a biannual report by GOGLA and the World Bank’s Lighting Global program was recently published for the second half (July-December) of 2018.  The […]

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Power Finance Corp More Than Doubled Q4 Profits

Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […]

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Cost of Renewable Power Dropped to a Record Low in 2018: Report

The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […]

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Skilancer Solar Gets Venture Funding from Alfa Ventures

The buzz in the solar sector has attracted yet another VC, with Alfa ventures investing in Skilancer Ventures, a startup focused on the sector The Noida-based Skilancer Solar did not discolose the funding amount it received from Alfa Ventures, a venture of entrepreneur and investor Dhianu Das . Skilancer was started in 2017 by IIT […]

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EESL Issues Tender For Solar Projects Worth 100 MW in 3 States

The last date for bid submission is July 8, 2019 Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for developing solar power systems worth a total of 100 MW at various locations in three states. The scope of […]

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CERC Drafts Outline For Power System Development Fund

The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […]

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Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project

Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […]

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An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape

CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […]

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