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RE projects

58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn

During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […]

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CEL Seeking Multi-PERC Solar Cells With Efficiency Greater than 19.4%

CEL has issued a tender for the supply of 1 million multi-crystalline PERC solar cells which have a minimum conversion efficiency of 19.4 percent. Central Electronics Limited (CEL) has issued a tender, seeking bids from legible vendors for the supply of 1 million multi-crystalline PERC solar cells which have a minimum conversion efficiency of 19.4 […]

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BayWa Secures Financing for its 133.6 MW Solar Project

BayWa has secured tax equity and construction financing for its 133.6 MW Fern Solar project in Edgecombe County, North Carolina. Global renewable energy developer, service provider and distributor BayWa r.e. has announced that it has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina. RBC Capital Markets syndicated a tax […]

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NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20

Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […]

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DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy

Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […]

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SECI Seeks Online Submission of Pre-Bid Queries for 15 MW Floating Solar Tender

SECI has asked all the prospective bidders for its tender for 15 MW floating solar plants at SCCL, Telangana to submit their pre-bid queries online. The Solar Energy Corporation of India (SECI) has issued a notification asking all the prospective bidders for its tender for the selection of bidders for the design, engineering, supply, construction, […]

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Total Bags Over 135 MW of Solar Projects in France’s Latest Tender

French energy major Total has won more than 135 MW of solar projects during the latest round of tenders conducted by the French Energy Regulatory Commission (CRE). The company has won the tenders through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France. Out of an aggregate capacity won, Total […]

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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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Now, Safeguard Duty Clarification From MNRE Awaits

An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […]

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