State-owned Power Grid Corp. India Ltd (PGCIL) is in advanced talks with investors for its first tranche of projects through an infrastructure investment trust (InvIT), said a person aware of the development. The draft offer document for this first tranche of projects held in a special purpose vehicle (SPVs) through Read more…
The Solar Energy Corporation of India (SECI) has issued another two-week bidding extension for the installation and commissioning of a 20 MW (AC) solar plant (50 MWp DC) with 20 MW/50 MWh battery energy storage in the union territory of Ladakh. The bidding deadline, earlier set for February 24, has Read more…
Iraq is seeking international investors to build seven solar power plants, with a total capacity of 750 megawatts (MW) as it aims to develop its renewable energy potential. Keen on expanding its small power generation capacity, Iraq is in talks with some of the international companies, including French Total and Read more…
The floating solar plant shall come up at the Santhaldih Thermal Power Station in the Purulia district of West Bengal. Bidders have until April 12 to lodge their interest in its installation and commissioning. Image source: WBPDCL.com State-owned West Bengal Power Development Corporation Limited (WBPDCL) has invited domestic bids to Read more…
The renewable energy sector in the hilly state of Himachal Pradesh is on a growth trajectory and it is primarily being driven by solar and hydropower resources. The total installed power generation capacity in the state as of January 2021 stood at 4,129.97 MW. Renewable energy, excluding large hydro, accounted Read more…
Asia-Pacific solar technology contracts in February 2021 saw 51 contracts announced, marking a rise of 28% over the last 12-month average of 40, according to GlobalData’s power industry contracts database. The proportion of solar technology contracts by category tracked by GlobalData in the month was as follows: Power Purchase Read more…
Floating solar project for Mumbai: The Municipal Corporation of Greater Mumbai (MCGM) has approved a proposal to set up a hybrid power project with 20 MW hydroelectric and 80 MW floating solar power capacity. It will be set up by a joint venture between Shapoorji Pallonji & Company and Mahalaxmi Read more…
India an achiever in solar power growth among 80 member countries: ISA The International Solar Alliance (ISA) has ranked India as an “Achiever” among its 80 member countries along with Brazil, Saudi Arabia and the United Arab Emirates (UAE) in its latest Ease of Doing Solar (EoDS) report. Achiever countries Read more…
A huge global capital pool is mobilising to invest in renewable energy and grid projects in India, according to a new IEEFA report, with pull factors including solar power tariffs hitting record lows, plunging solar module costs, record low interest rates, and the security of government-backed, 25-year power purchase agreements (PPAs). Read more…
Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has issued a tender, seeking bids from eligible firms for setting up of 70 MW solar power generating systems (SPGS) across various locations across Goa.As per the tender, a quarter of the tendered capacity has been Read more…