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Solar Power Costs Dipped 87% Globally In Last 10 Years: Study

A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period.  The recent innovation in […]

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Southern Power Announces Acquisition of 150 MW Solar Project from Qcells

A US based wholesale energy provider, Southern Power, has revealed that it is set to acquire its 30th solar project- the 150 MW South Cheyenne solar facility. The acquisition will be made from Qcells USA Corp. The firm is also offering EPC (engineering, procurement, construction) for the said project. It is also supplying solar modules […]

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Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC

Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […]

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Haryana Issues Norms To Award Entities Opting For Solar Power

The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […]

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BHEL Issues EoI to Supply 90 MU (KWhr) of RTC Renewable Energy

Bharat Heavy Electricals Limited (BHEL) has issued an Expression of Interest (EoI), for renewable energy developers, inviting them to supply 90 million units (KWhr) of Round the Clock renewable energy per year to BHEL’s facilities located at Haridwar (54 million units), Bhopal (12 million units), Trichy (12 million units), and Hyderabad (12 million units) on […]

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Sterlite Power Acquires Beawar Transmission Limited Project from REC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited- a wholly owned subsidiary of Rural Electricity Corporation. The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) […]

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Suzlon Bags 29.4 MW Wind Power Order from BrightNight

Suzlon Group, a renewable energy solutions provider, has announced a new order win for the development of a 29.4 MW of wind installed capacity for 100 MW co‐located wind‐solar hybrid project of BrightNight, a global renewable power producer. Suzlon will install 14 units of their S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular […]

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PFC Issues Tender for Solar Power Developers for 1250 MW Solar Projects

PFC Consulting Limited, a wholly owned subsidiary of PFC Limited, a Maharatna company, under Ministry of Power, has issued a tender for the selection of solar power developers for setting up of 1250 MW ISTS-connected solar PV power projects in India under tariff-based competitive bidding under the scheme for flexibility in generation and scheduling of […]

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Xylem & Lorentz Partner for Solar-Powered Pumping Solutions

US-based water technology provider, Xylem and German solar water pump manufacturer, Lorentz have partnered to expand the availability of solar-powered pumping systems globally. These sustainable pumping solutions are commonly used in agriculture, irrigation and drinking water applications, enabling water managers to address decarbonisation goals while reducing operating costs. Lorentz said that climate-related droughts and severe […]

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