The Solar Energy Corporation of India has issued a 2 gigawatt solar power tender. SECI has offered project developers the opportunity to develop solar power projects equivalent to 2 gigawatts of capacity across the country. The projects may be set up in any part of the country and connected to … [continued]
The world’s largest solar engineering, procurement, and construction firm has selected Nextracker to supply trackers for a mega solar power project in India. According to media reports, Sterling and Wilson Renewable Energy will procure trackers for a 1.56 gigawatt solar power project in the state of Gujarat. The company is … [continued]
The Indian government has selected bids from companies looking to set up solar module manufacturing facilities. This is the second round of such bids. The Solar Energy Corporation of India called for bids few months back, offering subsidies to companies looking to set up module manufacturing facilities. Following the bidding … [continued]
One of India’s largest integrated solar power companies has secured the rights to develop a 300 megawatt solar power project for a government-owned company. Tata Power Solar Power Systems has won a contract to construct a 300 megawatt solar power project for NLC India. The project shall be located in … [continued]
The Indian government has granted approval for setting up eight solar power parks in the state of Uttar Pradesh. Eight solar power parks with cumulative capacity of 4,995 megawatts will be developed jointly by the Uttar Pradesh Non-Conventional Energy Development Agency (UPNEDA) and the National Hydro Power Corporation (NHPC). The … [continued]
One of India’s largest renewable energy companies, Tata Power Renewable Energy, has entered into a power purchase agreement for a solar-wind hybrid project. The company signed a 510 megawatt power purchase agreement with group company Tata Power Delhi Distribution Limited or TPDDL, a power distribution utility serving India’s capital city … [continued]
Indian solar module manufacturer Insolation Solar has secured funding from a World Bank-backed fund for expansion of its production line. The funding was released by the Energy Access Relief Fund which is backed by IFC, BII, DFC, FMO and others, and managed by Social Investment Managers and Advisors. The funding … [continued]
Indian media outlets have reported that some of the largest renewable energy companies in the country have put in bids seeking subsidies to manufacture solar modules. The Economic Times reported that Tata Power, Reliance Industries, and First Solar were among the bidders vying for $2.4 billion in subsidies for setting … [continued]
India’s central bank is expected to raise $3 billion through sale of green bonds over the next 12 months. The Reserve Bank of India may auction green bonds worth $3 billion sometime after September this year. According to media reports, the bank may offer tenures of up 30-40 years, which … [continued]
India’s largest renewable power generation company, Adani Green Energy, has announced completion of its latest solar-wind hybrid project. Adani Green Energy announced in a press release that it successfully commissioned a 700 megawatt solar-wind hybrid project in the northern state of Rajasthan. The company claims that it is the world’s … [continued]
