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MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power

The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […]

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MAHAGENCO Invites Bids For 200 MW Solar Plant

Maharashtra State Electricity Generation Company has invited bids of 50 MW each to be developed across the western, western/northern, Vidarbha and the Marathwada regions of the state to in public private partnerships. As a part of its plan to set up 2,500-mw solar capacity over the next five years, the state- run generation company Mahagenco […]

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Arctech Solar Partners with IHS Markit for a Live Tracker Webinar on August 30

IHS Markit supply chain research manager, Cormac Gilligan, and Arctech Solar President, Guy Rong, will lead the webinar, providing expertise on solar trackers’ large market opportunity, insight into key markets for trackers in 2017, and providing real life examples of tracker installations. Arctech Solar has announced that it has partnered with IHS Markit, a global […]

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United States Examining Partnering With International Solar Alliance

The USA has shown keen interest to partner in the ISA programme and projects but for formal membership it may have its internal processes. Inspite of the USA withdrawing from the Paris Accord on climate change, International Solar Alliance (ISA) remains hopeful of partnership with that country. “I had received a mail from US yesterday […]

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Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs

The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […]

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Solar Spectrum and Horizon Solar Power merges under Sungevity family

Frank Kneller, CEO of Horizon Solar Power, will serve as the CEO of the combined business along with a new leadership team. The combined business will be part of the Sungevity family.   Solar Spectrum has announced that it has merged with Temecula, California-based Horizon Solar Power (“Horizon”) to create the nation’s fourth largest residential […]

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Solar Bankers Using Blockchain Technology to Develop Digitalized Electricity Ecosystems

Solar Bankers is working with the Chinese blockchain technology company, ShellPay, to promote the wholesale decentralization of all infrastructures for electricity production, transmission, and exchange. The solar energy company Solar Bankers Singapore is launching an Initial Coin Offering in November to fund the development of localized energy communities in which consumers can freely produce and […]

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MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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Piyush Goyal addresses the 8th World Renewable Energy Technology Congress

The annual conference is visualized and planned in the backdrop of India’s vision on achieving “Energy Independence and Power for all by 2022”. It focuses on new Green Technologies to ensure clean, reliable and affordable Renewable Energy supplies. Union Minister of State for Power, Coal, Renewable Energy and Mines, Piyush Goyal, addressed a distinguished gathering […]

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