Solar

RBI Releases Guidelines To Banks For Acceptance Of Green Deposits

The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […]

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CERC Adopts SECI’s Agreed Tariff For 1200 MW Wind-Solar Hybrid Projects 

The Central Electricity Regulatory Commission (CERC) on Thursday adopted the individual tariffs as decided by the Solar Energy Corporation of India Ltd (SECI) for its 1200 Megawatt (MW) of Wind-Solar Hybrid Power Projects (Tranche-IV). These projects will be connected to the Inter-State Transmission System (ISTS). SECI issued the Request for Selection (RfS) for these projects […]

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WBPDCL Issues EOI For Its 500 MW Floating Solar Project at Bakreswar Dam

The West Bengal Power Development Corporation Limited (WBPDCL) has now issued an Expression of Interest (EOI) seeking consultants for conducting the technical and feasibility studies of the proposed 500 Megawatt (MW) floating solar power project on the catchment areas of Bakreswar dam.  The WBPDCL will recruit the first consultants to conduct technical and feasibility studies […]

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CEEW Study Flags Concentration Of Clean Energy Manufacturing As Global Risk

Two studies conducted by the researchers at the Council on Energy, Environment and Water (CEEW) have batted for an interrupted and affordable supply of critical clean energy technologies across the globe. The report said this was needed for achieving the Sustainable Development Goals (SDGs) and for a risk-free energy transition towards renewable energy.  The Indian […]

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India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study 

A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […]

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Government Extends Deadline For Pending Solar And Solar Wind Hybrid Projects

In an official letter addressed to management at SECI, NTPC and NHPC, the Ministery of New and Renewable Energy (MNRE) has extended  the deadline up to March 2024 for under implementation solar and solar wind hybrid projects. the new deadline is applicable for project bids finalized before March 9,2021. As per the announcement made by […]

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Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global

Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […]

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Ministry of Defence Floats 1.210 MW Solar Tender in Uttar Pradesh

The Ministry of Defence has floated a tender for the supply of a 1.210 MW solar power PV plant in various establishments of HAL in Uttar Pradesh under the RESCO model. The last date for submitting the online bid is January 03, 2023, till 06:00 pm and the bid will be opened on the same […]

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