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Maharashtra power utility gets additional 1,000 MW cheap solar power

By : editor_2, Feb 22, 2019

After tying up for 1,000MW solar power at the rate of Rs 2.71 and Rs 2.72 per unit in 2018, Maharashtra State Electricity Distribution Co Ltd (MSEDCL) will now sign power purchase agreements (...

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‘Cheap money’ to speed up global PV, storage momentum

By : editor_2, Feb 22, 2019

Cheaper finance from development players would shorten the renewable transition of many countries and kickstart the local small-scale PV and storage market, according to BloombergNEF (BNEF). ...

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ReNew Power secures OPIC debt funding of up to USD 350 mn

By : editor_2, Feb 22, 2019

Clean energy producer ReNew Power Thursday said it has secured fresh debt financing of up to USD 350 million from the US government's development finance institution Overseas Private Investment...

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SolarEdge increased revenue 54% in 2018 as strong demand set to continue

By : editor_2, Feb 22, 2019

Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand. ...

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Gujarat auctions 500MW of PV and tenders 175MW in solar parks

By : editor_2, Feb 21, 2019
Gujarat Urja Vikas Nigam Limited (GUVNL) has auctioned 500MW of grid-connected solar capacity with winning tariffs in the range of INR2.55-2.66/kWh (US$3.6-3.8 cents). Paryapt Solar, a unit of...
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GIC, ADIA to power Greenko again with $550m cheque

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By : editor_2, Feb 21, 2019

Sovereign wealth funds GIC Holdings Pte Ltd of Singapore and Abu Dhabi Investment Authority (ADIA) are investing $550 million of fresh primary capital in Greenko, India’s largest renewable...

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Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan

By : editor_2, Feb 20, 2019

The Cabinet Committee on Economic Affairs, chaired by Hon'ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing...

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India approves US$1.6bn of rooftop solar support

By : editor_2, Feb 20, 2019

India has approved the second phase of its programme to hit 40GW of grid-connected rooftop solar by 2022 and announced INR118 billion (~US$1.656 billion) in central government subsidies to...

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India's solar capacity at 28 GW at Dec-end: Bridge To India report

By : editor_2, Feb 20, 2019

The country's total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a...

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Vikram Solar commissions 200 MW solar power project for APGENCO

By : editor_2, Feb 20, 2019

Solar module manufacturer and EPC company Vikram Solar today announced it has commissioned a 200 Megawatt (Mw) solar power project for Andhra Pradesh Power Generation Corporation (APGENCO). ...

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