solar developers

Israel Grants 609 MW in Solar and Storage Capacity in Latest Tender

The Israel Electricity Authority has published the list of winners in the latest tender awarding 609 MW capacity in solar with storage projects The Israel Electricity Authority has published the list of winners in its latest renewable energy tender round, with multiple bids accepted for the development of a combined 609 MW capacity in solar […]

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Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers

The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […]

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Brazilian Solar Industry Feels the Heat of Both Falling Economy, COVID-19

With the rising cost of imports, shrinking power demand and indefinite postponement of auctions amid coronavirus crisis, Brazilian solar photovoltaic (PV) industry is feeling the heat which may likely to impact the momentum of the annual installation. Brazilian PV sector’s annual installation capacity is expected to decline to 0.7 GW in 2020, from 1.3 GW […]

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MNRE Opines Trimming Commissioning Period for Solar Projects

The developers have put up concerns over the suggestion given by MNRE as shortening the period to develop solar projects would pressurize the developers and would pose quality issues. Making the solar developers unhappy, Ministry of New and Renewable Energy (MNRE) has proposed to cut short the commissioning period for solar projects in order to […]

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Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21

The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […]

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Safeguard Duty on Solar Equipment Likely to Hit India’s 100 GW Goal by 2022

The solar developers opined that it would directly affect 25 GW volume under various stages of implementation and hit out thousands of jobs in the segment. Implementation of proposed safeguard duty may hit the country’s most ambitious target of installing 100 GW capacity by 2022, believes Indian solar power developers. The solar developers opined that it would […]

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Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA

Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […]

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Amendment in Solar Bidding Norms Positive: ICRA Report

The MNRE amended the bidding norms for solar projects on April 3 2018, wherein the ‘change in law’ provision now applies to changes in taxation, duties and cess instead of change in taxation as applicable earlier. A report from credit rating agency ICRA says that, the latest amendment in the solar project bidding norms is […]

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Developers Using Sub-Standard Solar Equipment Will Be Blacklisted Says R K Singh

If the sub-standard modules go beyond a certain tolerance limit, developers will be blacklisted. Raj Kumar Singh, Minister for Power and New and Renewable energy has said that the developers using sub-standard solar equipment beyond a certain tolerance limit will be blacklisted. In an interview with a newspaper, Singh who has also served as home […]

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