Solar News

Avaada Energy Secures 820 MWp-Hybrid Project From SJVN

Mumbai-based Avaada Energy, a subsidiary of Avaada Group secured an 820 MWp Hybrid-Inter-State Transmission System (ISTS) capacity in the recent e-Reverse Auction (e-RA) held in June 2024. This project was awarded by SJVN Limited, as confirmed in the Letter of Award (LoA).  Vineet Mittal, Chairman of Avaada Group, stated, “Securing 820 MWp-hybrid-ISTS capacity is a […]

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Waaree Receives 900 MW Order From Serentica For Project In Rajasthan

Mumbai-based Waaree Energies Ltd., India’s largest solar PV modules manufacturer with an aggregate installed capacity of 12 GW as of June 30, 2023 has received a 900 MW module supply deal from Serentica Renewables India Private Limited. Waaree Energies received this contract for a project located in Fatehgarh, Jaisalmer, Rajasthan, India. This project is expected […]

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NTPC-REL Launches Tender For 1200 MW Hybrid Project Across India

National Thermal Power Corporation Renewable Energy (NTPC-REL), has released a tender, inviting bids for the selection of hybrid power generators on Build Own Operate basis. This project is undertaken to supply 1200 MW of power from ISTS-Connected wind-solar hybrid power projects anywhere in India. the last date for submitting bids is August 7, 2024. The […]

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SECI Invites Bids To Select Developers For 400 MW Hybrid Projects

The Solar Energy Corporation of India (SECI) has now invited proposals for setting up Inter-State Transmission System (ISTS)-connected hybrid power projects in India, on a build-own-operate (BOO) model for an aggregate capacity of 400 MW. The tender invited bids for the inter-state transmission system (ISTS-connected) wind-solar hybrid power projects in India under SECI-Tranche-IX. The last […]

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JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan

JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […]

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Loan Sanctions Up 383%, Disbursements 68% For IREDA In Q1 2024-25

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported a strong performance for the first quarter ended 30th June 2024. According to provisional figures, subject to audit, the company recorded substantial increases in loan sanctions, disbursements, and its loan book. The renewables focused firm, which has also been the preferred nodal agency for many key […]

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All In For Battery Based Energy Storage- Saurabh Kumar, GEAPP

For India’s energy sector, the impact Saurabh Kumar has had has been well documented. Currently the Vice President-India, GEAPP (Global Energy Alliance for People and Planet) Kumar is well known for being the man behind the LED revolution in the country, which he initiated during his stints as the key founder of the public sector […]

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June 28: Solar EPCs Back In Limelight With Stellar Day At The Exchanges

In the stock market today, after a short gap, Waaree Renewables and  KPI Green Energy stocks rose once again to hit their upper circuits at 5%. Shakti pimps, the new favourite of punters for the month also rose 5%. The move comes after a period of consolidation, and some news flow, particularly on KPI Green, […]

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NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda

National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […]

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