Solar Power

Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector

In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […]

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Brazil Adds Over 500 MW Of Wind, Solar Energy In July

The power sector regulator of Brazil – ANEEL– has announced there has been an addition of about 514.63 MW of solar and wind power capacity to the renewable energy basket in the previous month of July. The data shared by ANEEL revealed that the solar farms had contributed for the majority of the renewable additions […]

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BHEL Issues Tender For O&M Of 100 MW Solar Plant At GSECL, Gujarat

Bharat Heavy Electricals Limited (BHEL) has invited bids for Operations and Maintenance (O&M) work of the 100 MW Grid-connected solar power plant at GSECL, Raghanesda Solar Park Phase-I, Gujrat. Tender is a two-part bid system. The tender documents consist of Part – A and Part – B as detailed below: Part ‘A’: Techno-commercial Bid duly sealed […]

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Enfinity Global Raises $242 Million Funding For Solar Plants

Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […]

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Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One

Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […]

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GSECL Issues 220 MW Grid Connected Solar Projects Tender In Gujarat

Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for the supply of a 220 MW grid-connected solar power plant. According to the tender document, this solar plant can be set up anywhere in Gujarat under GSECL instructions.   The last date for submitting the bid for this solar power project is August 17, 2022, […]

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$26M Investment In RE Grid Demonstration Projects By Biden Administration

US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […]

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Surat Municipal Corporation Issues Grid Connected Solar Tenders of 2 MW Each

Surat Municipal Corporation has floated two grid-connected solar tenders. Both tenders have a 2 MW capacity. One is for a solar plant to be installed on the BRTS route to Narmad University & the other one will be in Central Mall in Surat through the RESCO model. The last date for submitting the bids for […]

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