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Govt Releases New Bidding Norms For Hybrid Projects

The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […]

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ReNew Energy Q1 Analyst Meet- Focus On Derisking, Valuations

On the second anniversary of its NASDAQ listing, ReNew Energy Global had a very positive outlook to share with analysts. Be it the growth in portfolio by almost 3 GW, almost all of it comitted through PPAs, or the drop in average collection period from over 200 to 114 days, or a clear growth path […]

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Sunsure Energy Signs Open Access Solar PPA with Dabur India

Sunsure Energy, a renewable energy producer, has signed an open access solar PPA with Dabur India Limited, a Science-based Ayurveda major. Under this PPA, Dabur will be able to offset a significant part of the total power needs of its Ghaziabad (Uttar Pradesh) factory. The PPA was signed in the presence of Dabur India Limited […]

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MNRE Releases Revised Strategy for Establishment of Offshore Wind Energy Projects

The revised strategy for establishment of offshore wind energy projects has been chalked out and released recently by the MNRE (Ministry of New & Renewable Energy). Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind […]

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RUMSL Issues Tender for 114 MW Solar Projects in Madhya Pradesh

Rewa Ultra Mega Solar Limited (RUMSL) has invited bids for setting up 114 MW ground-mounted solar power projects in Madhya Pradesh. The projects will be set up across three districts of the state. The initiative, in partnership with Madhya Pradesh Power Generation Company (MPPGCL), looks at the integration of solar power into three thermal power […]

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As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges

China  continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it  contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […]

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Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC

Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […]

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Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan

Central Asia continues  to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […]

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