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SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […]

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Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects

Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […]

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Fraud Row: SECI Withdraws Curbs Against Reliance Power

The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […]

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November Power Trading- Electricity Prices Drop17% YoY

Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase.  During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […]

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TOPCon Modules Can Deliver 3.4% Monthly Power Generation Gain

According to a global field test, TOPCon modules provide an average power generation gain of 3.15% per watt over XBC modules, with a relative gain of up to 3.4% every month. The result is compelling evidence of TOPCon modules’ superior power generation capability and customer value. The field test occurred between July 16 and September […]

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GUEST COLUMN: Understanding Ground-Mount Solar Systems

By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […]

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Jharkhand: DVC Opens Bid To Build 234 MW Floating Solar Project

Damodar Valley Corporation (DVC) recently released a tender to build a 234 MW grid-tied floating solar PV (FSPV) plant. This project is located on DVC’s Maithon Dam Reservoir at Maithon Jharkhand. The project included a 10-year comprehensive Operations and Maintenance (O&M). The last date for bid submission is 7th January 2025. The DVC tender said […]

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Equinix, Sembcorp Sign PPA To Develop 58.5 MWp Solar Project

Equinix, Inc., a digital infrastructure company, today signed its second renewable energy Power Purchase Agreement (PPA) with Sembcorp Power Pte. This project in Singapore with Sembcorp’s subsidiary is the second PPA. This collaboration provides Equinix solar project 58.5 MWp maximum capacity from JTC’s properties on Jurong Island. The project will start in 2029. This accounts […]

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TPREL Commissions 431 MW Solar Project At Neemuch In MP

Indian renewable energy company Tata Power Renewable Energy Limited (TPREL) today announced the commissioning of a 431 MW DC solar project at Neemuch in Madhya Pradesh. The solar project is spread across 1,635.63 acres of land. TPREL said this is India’s first solar project site to incorporate a combination of single-axis trackers and bi-facial modules. […]

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