India

India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report

From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […]

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525 KW Solar Plant Installed in Golden Temple, Punjab

With the financial assistance of the US-based United Sikh Mission, a 525 KW capacity solar power plant was commissioned in the holiest of Sikh shrines, Harmandir Sahib, popularly known as Golden Temple, in Amritsar, Punjab, on Tuesday. “Our mission is to ensure clean power supply round the clock at Sri Darbar Sahib, saving 33 per […]

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GESCL Invites Bids for 60 MW Solar Projects in Gujarat

The Gujarat State Corporation Limited (GESCL) has invited bids from interested contractors for the design, engineering, supply, procurement, installation, and commissioning of 60 MW solar photovoltaic grid-connected power plants, including their operation and maintenance for 5 years, around various substations of GETCO of Bhachau Taluka in Kachchh District, Gujarat. The deadline for bid submission is […]

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REIL Floats Tender for 7K Monocrystalline/Mono PERC Solar Modules

The Rajasthan Electronics and Instruments Limited (REIL) has released a tender, inviting bids to procure 7,000 solar modules of minimum 380 W to 390 W made from 72 monocrystalline or mono PERC silicon solar cells. The deadline to submit bids is November 01, 2021, at 2 pm. The bids will be opened on the next […]

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India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US

A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […]

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REC Raises 5 Year Loan Of $75 million From SMBC

In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […]

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NTPC REL Invites EoI for 15 GW of Solar Modules

NTPC Renewable Energy Limited (NTPC REL) has invited an Expression of Interest (EoI) from domestic manufacturers for providing approximately 15 GW of solar modules upto a cumulative period of minimum five years. The last date to submit the EoI is November 8, 2021, the responses will be opened on the next day. The sourced modules […]

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MSEDCL Invites Vendor Bids for 200 MW Residential Rooftop Empanelment

Residential rooftop solar continues to move ahead  after a period of dormancy. The latest to add to the push is Maharashtra, where the key state discom, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids for vendors for 200 MW of grid-connected residential rooftop solar systems under the capital expenditure (CAPEX) model. The […]

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Fourth ISA Assembly Kicks off On October 20

The International Solar Alliance’s (ISA) fourth session is scheduled to be held on October 20, in virtual mode. The Gurugram headquartered body has been the largest multilateral initiative backed by India in recent decades. India has also applied to grant observer status to the body in the UN General Assembly to help provide for regular […]

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