Solar Projects

Bhutan Makes A Serious Push For Solar In 2024-25

Bhutan, one of the world’s few carbon negative countries, hasn’t felt the urgency to add more renewables to its significant hydropower  resources until now. In its 2024-25 budget report, the country has finally made a serious start to plans to add other renewables, notably solar and wind energy to its energy mix. The document, which […]

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HPCL Issues 300 MW EPC Tender For Solar Projects

Hindustan Petroleum Corporation subsidiary HPCL Renewable and Green Energy (HPRGEL) has issued a tender inviting bids for 300 MW of interstate transmission system (ISTS)–connected solar power projects in seven states. The tender pertains to the engineering, procurement, and construction (EPC) package. The last day to submit the bids is May 30, 2024, and the bids […]

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News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm

US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […]

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ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA

Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […]

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Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe

European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […]

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IOCL Floats Tender For Multiple Solar PV Projects Across India

Indian Oil Corporation Limited (IOCL) has released a tender for rooftops and spare land at various locations spread all over India for the installation of Solar Photo Voltaic (SPV) Plants and to maximise production and utilization of Renewable Energy through these SPV Plants. The IOCL company invited applications by Expression of Interest document, (EoI). It […]

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GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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As March 31 Deadline Looms, ALMM Set To Rule Again

Any hope developers might have had of the kind of exemptions the MNRE provided (before withdrawing them within a week) seem to be evaporating as the fiscal year deadline approaches. Readers will recall that  the Approved List of Module Manufacturers(ALMM) requirement has been used as an effective non-tariff barrier by the government to support domestic […]

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UK-Based Statera Secures 670MW Contracts in Auctions

In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […]

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