Solar

India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […]

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India Needs More RE In Power System To Meet Climate Goals: IEEFA Report

A new report by the International Energy Economics and Financial Analysis (IEEFA) asks that India accelerate integration of renewable energy into its power system to meet its climate goals.  The report said that between 2016 and 2022, the share of renewable energy generation in India’s total energy mix increased merely by 6.5 percent. But the […]

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Haryana Issues Tender To Solarise Its Govt Buildings With RTS

The Haryana Renewable Energy Development Agency (HREDA) has now issued a tender to solarise its government buildings with solar rooftops for a period of 25 years. The tender mandated the bidders to supply solar power by commissioning grid-connected rooftop solar power plants on the rooftops of government buildings across the state.  HREDA, through the tender, asked the […]

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UK’s First-Ever Bankable, Unsubsidized Solar & Storage Project in the Offing

DIF Capital Partners, a global independent fund manager and Pexapark, an advisory firm specializing in renewable energy, have now partnered to make UK’s first-ever bankable and unsubsidized solar and storage project. A Power Purchase Agreement (PPA) for ten years in this regard has already been signed. As per the mandate, the two firms would help […]

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Odisha Issues Tender To Solarise 43 Govt Buildings In Bhubaneswar

The Odisha Renewable Energy Development Agency (OREDA) has now issued a tender to solarise 43 government buildings in Bhubaneswar. This comes under the Bhubaneswar Renewable Energy City Programme. The state capital is also one of the smart cities of India. As per the mandate of the tender, the solar developer would solarise these government buildings through solar […]

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APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits

In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […]

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McDonald India Invests Rs 14cr To Start 3.2MW Solar Plant In Delhi

Leading fast food chain McDonald’s India (North and East) has invested Rs 14 crore to commission Delhi’s largest solar power plant in Najafgarh. As a result, 24 percent of McDonald’s Delhi restaurants have now transitioned to renewable energy, the company said in a statement today.  With a capacity of 3.2 Megawatt (MW), the solar plant […]

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Waaree Commissions 122 MWp of Solar Project At Khandwa In MP

Waaree Renewable Technologies Ltd. (WRTL), a subsidiary of Waaree Energies Ltd, has now announced the commissioning of 87.5MW (122.5MWp) of EPC solar power project in the Khandwa district of Madhya Pradesh. This project was developed by Waree for UPC Renewable Energy Pvt Ltd’s subsidiary Masya Solar Energy Pvt Ltd. The clean energy project is spread […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices–Though the reduction in the component prices […]

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