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Tariff ceilings as well as COVID-19 concerns haunt 500MW solar tender in Gujarat
Indian utility Gujarat Urja Vikas Nigam Ltd (GUVNL) has actually amassed simply 430MW of entries in its most current 500MW solar tender.
Mar 11, 2020 // Markets & Finance News, Tariffs, India, tender, Asia, Vinay Rustagi, gujarat, GUVNL, Coronavirus, tata, juniper, vena
Indian government invites solar research proposals
The MNRE has invited proposals for high-efficiency perovskite solar cells, solar panel recycling, hybrid inverters and new applications that combine solar and storage, among others.
Aug 7, 2019 // Technology, Manufacturing News, Storage, Inverters, storage, India, solar cells, Ministry of New and Renewable Energy, solar panel, recycling
Adani Green payments 25 MW solar plant in Uttar Pradesh's Chitrakoot
Adani Green Energy Ltd (AGEL) on Monday said it has appointed a 25 MW solar power plant in Chitrakoot, Uttar Pradesh
Jan 11, 2021 // Plants, India, Asia, Adani Green Energy, solar plant
AC Energy begin on 283-MW solar park in the Philippines
AC Energy Corp (PSE: ACEN), part of Philippines-based empire Ayala Corp (PSE: AC), has begun constructing what will certainly be the biggest solar park in its residence nation, a 283-MW facility in Zambales province.
Nov 8, 2021 // Plants, Asia, Philippines, AC Energy, PV Power Plant, Solar Park
NextEnergy Capital secures US$ 232m for solar investments in OECD countries
NextEnergy Capital Group (NEC) has actually raised an added US$ 232 million for its global solar fund, as it targets PV projects in OECD countries such as the United States, Portugal, Spain, Chile as well as Italy.
Jun 23, 2021 // Markets & Finance News, finance, nextenergy capital, Michael Bonte-Friedheim, solar investment, investment fund
European Commission launches consultation ahead of solar strategy expose
The European Commission has actually introduced a public consultation on solar power on the continent as it continues preparations to publish its solar strategy later this year.
Jan 24, 2022 // Manufacturing News, Markets & Finance News, Policy, Europe, european commission
Azure Power chief executive officer abruptly resigns
Azure Power chief executive officer abruptly resigns
Aug 29, 2022 // Markets & Finance News, Azure Power, harsh shah
RUMSL's 300 MW Floating Solar Tender Oversubscribed by 700 MW
Rewa Ultra Mega's SOlar Ltd (RUMSL)- a joint venture in between SECI as well as MUVN, that is to create 300 MW floating solar project at the Omkar Reservoir at Madhya Pradesh has been oversubscribed. The oversubscription is by 700 MW. The cumulative capacity of the project is 600 MW.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Floating PV, tender, RUMSL, floating solar plants, bidding norms, Madhya Pradesh Power Management Company
Off-grid renewables firm Ryse Energy raises USD 15m in RWE-led round
Ryse Energy, a professional in decentralised renewable resource systems, has actually raised USD 15 million (EUR 13.7 m) in a growth funding round led by RWE Energy Transition Investments, an investment vehicle of the energy trading arm of German energy team RWE AG (ETR: RWE).
Apr 11, 2023 // Markets & Finance News, Ryse Energy, Costas Papamantellos
SJVN to Build 1.2GW Solar Parks in Punjab
SJVN wins contract to install 1.2 GW solar parks across India & 200 MW in Punjab. The projects will be developed on BOO basis with 25-year PPA. An estimated cost of INR 70 billion with completion by Dec 2024. SJVN aiming for 25 GW of renewable energy capacity by the end of the decade.
Jul 25, 2023 // Plants, Solar Park, SJVN, PUNJAB
NTPC Floats to Record Low: Wins 80MW Project at INR 3.80/kWh
NTPC Renewable Energy Limited wins 80 MW floating solar project in Madhya Pradesh with low cost of INR 3.80 kWh. MP government to bear cost of battery energy storage system of INR 30 million for sustainable, clean and affordable energy supply.
Aug 9, 2023 // Floating PV, India, NTPC, Asia, PV Power Plant
Solar Industry Hoping for More Elaborate Support From Union Budget
The brand-new Union Budget for 2021 has actually drawn in favorable reactions from sectors and the securities market alike, appreciating the federal government's effort to revitalize the economic climate.
Feb 2, 2021 // Markets & Finance News, India, Asia, Vikram Solar, Gyanesh Chaudhary, Amplus Solar, AMP Energy, budget 2021, SK Gupta, Guru Inder Mohan Singh
ADB might back non-Chinese solar production to strengthen Asia's ecological community
Asia's leading advancement sponsor may think about sustaining the setting up of PV manufacturing past China, in a proposal to minimise the dependence on Beijing laid bare by the COVID-19 dilemma.
Apr 8, 2020 // Manufacturing News, Markets & Finance News, ADB, pv power plants, c-si manufacturing, investment, Asian Development Bank, Coronavirus, covid-19, lsdigital, financedigital
Reliance purchases REC Group, prepares to sustain new module centers in France and US
A subsidiary of Indian corporation Reliance Industries has actually gotten solar module maker REC Group and a 40% stake in EPC as well as O&M services supplier Sterling and also Wilson.
Oct 11, 2021 // Manufacturing News, USA, EPC, France, India, Europe, Asia, REC Group, Singapore, North America, sterling and wilson, acquisition, Reliance Industries
Biggest US Solar Project Cancelled On Aesthetic Grounds
The cancellation notes the biggest pushback to a solar project in the United States till date. Local resistance to projects is not distinct to the United States, and is a concern in higher population locations like India as well.
Jul 27, 2021 // Plants, USA, North America, arevia power, International, Solar Project