MCGM To Procure Clean Energy From 20 MW Hydroelectric & 80 MW Floating Solar Project; 70 MW EESL Solar Tender For Goa; MNRE Refuses Commissioning Deadline Extension For COVID-19 Impacted RE Projects; KPI Global Signs Corporate Solar PPAs for 13.15 MW Capacity

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

By firstgreen, ago

IEEFA: Global capital mobilising for India’s $500bn renewable energy infrastructure opportunity

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

By firstgreen, ago