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Solar Project

Waaree Renewable Clinches ₹232.30 Crore Mega Project

Waaree Renewable Technologies, the EPC arm of Waaree Group, has been awarded a Letter of Award (LOA) for the execution of a ground-mounted solar power project with an installed capacity of 170 MW AC / 255 MW DC. The project, valued at approximately ₹232.30 crore, will be executed on a turnkey basis, covering comprehensive Engineering, […]

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MERC Approves ₹2.19 Lakh/MW Tariff for MSEDCL’s BESS Project

The Maharashtra Electricity Regulatory Commission (MERC) has approved the development of the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) 1.5 GWh Battery Energy Storage System (BESS) project. MERC approved a tariff of ₹2,19,001/MW/Month for 12 years in response to Maharashtra State Electricity Distribution Co. Ltd’s (MSEDCL) petition for procuring 250 MW/500 MWh (base capacity) and […]

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Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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NTPC Hits 59.4 GW Standalone Capacity With New PV Project

NTPC today announced the commissioning of its 245 MW Nokh Solar Project in Rajasthan. In its latest regulatory filing, the company said, “With this, the total installed and commercial capacity of NTPC, on a standalone and group basis, has now reached 59,413 MW and 77,806.50 MW, respectively.” NTPC achieved this milestone after operationalizing the third […]

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K2 Infragen Secures Order To Develop 68 MW Project In Gujarat

Haryana-based K2 Infragen, an EPC company, has secured a solar EPC project (With the supply of BOS material) contract of 67.61 Mega Watt DC in Gujarat.  This solar project is part of a 450 MWp project being developed by Coal India Limited in Khavda, Gujarat. K2 Infragen gets this contract from KPI Green Energy Limited. […]

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RBI Extends Priority Sector Lending For RE Projects Upto Rs 35cr

The Reserve Bank of India (RBI) has now extended funding for renewable projects in the country up to 35 crore under the Priority Sector Lending. The central bank regulator has issued revised guidelines on Priority Sector Lending (PSL) after a comprehensive review of existing provisions, incorporating feedback from stakeholders. The revised funding is cover the […]

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FY25: India Set To Create New Record In Solar Installations

The Indian renewable energy market is on track to set a new record in 2024-25 (FY25). According to the latest data from the Central Electricity Authority (CEA), India has already achieved an unprecedented level of solar installations in the first 11 months of this fiscal year. As per CEA’s latest report, India’s solar energy capacity […]

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CERC Adopts Renewable Project Tariffs Before Signing Of PSA

Continuing with its recent trend, the Central Electricity Regulatory Commission (CERC) in its two latest tariff order petitions has adopted the tariffs even before the signing of the Power Supply Agreements (PSAs) and Power Purchase Agreements (PPAs). The latest case was related to the tariff adoption of 170 MW of wind project tender floated by […]

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Danish Transparent Solar Cells Achieve 12.3% Efficiency

Researchers from the EU-funded CitySolar project have developed a new technology that can turn ordinary windows into power-generating units without losing their transparency. It offers an efficiency of 12.3% and a transparency of 30%, the team claims to have set a world record for transparent solar cell modules. These solar cells work like the leaves […]

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