Solar News

Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy

Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […]

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Uttar Pradesh Plans Solar City Adjacent to Saryu River

The state government of Uttar Pradesh led by Yogi Adityanath is mulling to establish a solar city in Ayodhya district. The state government has allocated Rs 317 crore in the current budget to implement Solar Energy Policy 2022, the new solar city will come up adjacent to the banks of Saryu river. The solar city […]

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CERC Allows Powergrid To Venture Into Telecom Biz But With Conditions  

In its latest judgment, the Central Electricity Regulatory Commission (CERC) has allowed power transmission company– Powergrid to venture into the telecom business. However, it has imposed some conditions too.  As per the CERC (Sharing of Revenue Derived from other businesses) Regulations, 2020, power transmission companies must inform the Commission and seek its approval if they want to […]

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Suzlon Bags New Order Of 99 MW From Vibrant Energy

Renewable energy solutions provider, Suzlon Group, has bagged a new order from Vibrant Energy for 33 wind turbine generators (WTGs). These will feature the firm’s new 3 MW series with a Hybrid Lattice Tubular (HLT) tower. The said project is slated for commissioning by FY25. This order of the larger wind turbine model from the […]

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Govt Report Bats For Boosting Renewables In Day-Ahead Electricity Market

A report by an expert group constituted by the Ministry of Power to review the Indian electricity markets batted for including variable renewable power in the day-ahead markets. The report said this could be done with some revenue protection for the developers. The inclusion of RE was one of the reforms the Group advocated in […]

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Govt Issues Bid Seeking Registrar, RTA For Partial Disinvestment of IREDA

The Ministry of Finance has now issued a tender seeking a Registrar and a Share Transfer Agent (RTA) for the listing and partial disinvestment of the Indian Renewable Energy Development Agency Limited (IREDA). The tender said that the engagement of the personnel would be done through an initial public offer to raise funds through the issue of […]

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MRF To Buy 19% Stake In First Energy For Solar Power Purchase

Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […]

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Top Four Manufacturers of Polysilicon in China; Tongwei Leads the Race

As per a Bernreuter Research, all top four manufacturers of solar grade polysilicon are now located in China; they produced more than 100,000 MT each in 2022.   Chinese polysilicon manufacturer Tongwei says it has extended its position as the world market leader in the polysilicon industry. In 2022, the firm produced 1.6 times as much […]

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