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NextEnergy Capital’s international solar fund hits US$280m
capacity during the first quarter of this year, once acquisitions in Mexico, India and the US are finalised.
NPIII is one of three investment vehicles managed
Jan 13, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, UK, pv power plants, solar pv, Europe, North America, nextenergy capital, investment fund, ccla
AAI has issued a tender for the commissioning of a 1 MW grid-connected solar energy plant at the Begumpet Airport in Hyderabad.
a single contract of similar nature i.e. Internal Electrification works within India during last seven years ending on the last date of submission of
Jan 14, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, Hyderabad, AAI
Magnora raises stake in Swedish solar perovskite startup Evolar
recently that it has actually participated in a joint project with an Indian solar manufacturer to establish perovskite/silicon tandem solar modules for
Dec 21, 2021 // Technology, Manufacturing News, Sweden, Europe, perovskite, investment, thin film, Tandem cells, evolar, magnora
Exide Industries Reveals Lithium Cell Manufacturing Plans
is a rational final thought considering its transcendent position in the Indian market.
"The board of directors of firm at its conference held today i.e.
Dec 23, 2021 // Manufacturing News, Storage, India, Asia, Leclanché, Exide industries, Lithium Ion cell manufacturing, stefan louis, Subir chakraborty
New Adani green energy subsidiary to manufacture solar modules
will see it provide 4,667 MW of renewable power to Solar Energy Corporation of India (SECI).
Dependence Industries, another Indian empire, is also aiming
Jan 10, 2022 // Manufacturing News, India, Asia, green hydrogen, adani group, Adani New Industries
Global Solar PV Wafer Market To Grow By 73.71 GW By 2026
the forecast duration. This is a period when several markets, especially India, will certainly add to their own capacities on the back of federal government
Feb 21, 2022 // Manufacturing News, Markets & Finance News, JA Solar, JinkoSolar, wafer, International, GCL-Poly Energy, Lanco Infratech, Technavio
SJVN bags 15 MW floating solar project in Himachal Pradesh
operate' basis through e-Reverse Auction held by Solar Energy Corporation of India, the firm stated.
"It is a pleased moment for SJVN that it has landed its
Feb 28, 2022 // Plants, Floating PV, India, Asia, Solar Project, SJVN, Nand Lal Sharma
Azure Power making 'consistent improvements' as functional capacity exceeds 2.5 GW.
the quarter ended December 2021, the Indian independent power manufacturer's income boosted 27% year-on-year to US$ 60.2 million, more than US$ 2 million greater
Mar 1, 2022 // Markets & Finance News, IPP, PPA, India, SECI, Asia, Azure Power, Ranjit Gupta
Microsoft To Buy Power From 100 MW Solar Project Being Built by Amplus Solar
be remembered that Microsoft had finished its initial renewable energy deal in India in 2018 when it accepted acquire 3 MW of solar-power from Atria Power for its
Jun 14, 2022 // Markets & Finance News, Microsoft, Rajasthan, solar plant, ai, Amplus Solar, petronas, Carbon Neutral, K Raman, Smart platform
Blume Ventures Invests $2.5 Million in Solar Funding Platform Aerem
possibility for MSME alone is greater than $200 billion.
Planning to give India's initial asset financing as well as quality platform for solar, the platform
Jul 12, 2022 // Markets & Finance News, India, Asia, finance, funding, Renewable Energy, green energy, Aerem, Blume Ventures
Maharashtra eyes tariff cap of around US$0.040/kWh for new PV tender
India’s Maharashtra state has launched a process to procure a major slice of grid-linked solar power, pushing for low prices in line with earlier tenders this year.
This week, electricity distributor Maharashtra State Electricity Distribution Company Limited (MSDECL) shared a notice inviting online bidders for up to 500MW in grid-connected PV projects.
The reverse e-tender, open until 17 September, will be used to hand out 25-year power purchase agreements (PPAs) with MSDECL among winning projects.
Bids will require bank guarantees of INR1.4 million/MW (US$19,497/MW) and will face a ceiling price of INR2.8/kWh (around US$0.039/kWh), the new tender documents show.
The tariff cap falls below bid prices at a tender held earlier this year in 116-million-inhabitant Maharashtra, India’s most second populous state and the home of the city of Mumbai.
In May, the state recorded tariffs of INR2.87-2.91/kWh (around US$0.041/kWh, based on exchange rates at the time) for a 250MW auction, which drew bids from Tata Power and others.
Speaking to PV Tech at the time, Vinay Rustagi, managing director of consultancy firm Bridge to India, conveyed his “surprise” at what he described as “aggressive” tariffs.
"This is a challenging site – relative lower irradiation, forest land, difficult access – and has high solar park charges. There was limited bidding interest,” Rustagi added.
The new tender’s INR2.8/kWh tariff cap also lies in the region of the INR2.71/2.72kWh and INR2.74-2.75/kWh average bids recorded at Maharashtra’s two earlier 1GW state solar auctions, held in May 2018 and February 2019.
Maharashtra’s solar tendering efforts come as the Indian industry heads – if predictions by Fitch Solutions come to pass – towards a boom between 2018 (26GW) to 2028 (105.9GW).
Aug 29, 2019 // Plants, Markets & Finance News, Grids, Tariffs, India, tender, Asia, tariff, prices, maharashtra, Vinay Rustagi
IHS Markit: Trackers to account for a third of PV installations
into but still has significant tracker expectations, with Australia, China and India all forecast to appear in IHS Markit’s top ten tracker markets list and to
Aug 29, 2019 // Plants, Large-Scale, Commercial, USA, India, China, Australia, IHS Markit, Europe, Asia, Convert, Oceania, Trina Solar, North America, Soltec, bifacial modules, PV Hardware, Ideematec, Nextracker, Array Technologies
Tata Power subsidiary commissions 225MW hybrid project in Rajasthan, 25-year PPA signed
Rajasthan, Tata Power claimed. Rajasthan is among the largest solar states in India with it and 3 various other states-- Maharashtra, Gujarat and Uttar Pradesh--
Aug 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, pv power plants, hybrid, Asia, Rajasthan, tata power, tata, Discoms, hybrid projects, tata green power energy
Jammu Gets 1.5 MW Solar Power Plant From Vibgyor Energy
efforts to develop green as well as renewable energy resources throughout India, Vibgyor Energy is taking another action with this effort."
Recently, The
Nov 1, 2022 // Markets & Finance News, India, Asia, Renewable Energy, Solar Power Plant, solar projects, Waaree Energies, Vibgyor Energy, SIDCO industrial complex
NTPC Commissions First Part of 300 MW Bikaner's Nokhra Solar Project in Rajasthan
took into service by NTPC, the largest electrical power manufacturer in India.
According to a governing filing lately by the business, "First portion
Dec 20, 2022 // Plants, Large-Scale, Commercial, NTPC, Rajasthan, Bikaner, Nokhra Solar PV Project, Nokhra Solar Project, NTPC Ltd.