SUBSCRIBE NEWS LETTER

Solar Project

SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project

SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd.,  has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […]

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Sterling & Wilson Wins 225 MW Gujarat Solar Project

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable energy power company, has emerged as the L1 bidder in a tender by a leading public sector undertaking (PSU) developer for a turnkey EPC package for the development of a 225 MW (AC) grid-connected solar PV Project in Gujarat, India.  Speaking on the order […]

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Engie Gets Financial Closure For 200 MW Khavda Solar Project

French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […]

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Telangana Plans 132 MW Solar Projects, Issues Bid For DPRs

The Telangana Power Generation Corporation Limited (TSGENCO) has issued a tender seeking consultants to prepare Detailed Project Reports (DPRs) for 132 megawatts (MW) of solar power projects, the utility said Monday. The contract covers the development of DPRs for a 107 MW ground-mounted solar plant across multiple hydel and thermal sites, a 20 MW floating […]

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Andhra: Nextracker Signs 305 MW Solar Project With ReNew

United States (US)-based solar tracker company Nextracker has recently signed a 305 MW solar project with ReNew Private in Anantapur, India. Nextracker has contracted for over 10 GW of annual manufacturing capacity in India, besides establishing an R&D centre for excellence in Bengaluru. The firm competes with most of its global peers in the Indian […]

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Maharashtra: Onix Renewable Embarks On Its 1.9 GW Solar Project

Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The ambitious project aims to decarbonise rural electricity supply and bolster […]

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Roofsol Commissions 29+MWp Solar Projects In 12 States

Roofsol Energy Pvt. Ltd., a player in India’s solar EPC sector, has announced the successful commissioning of over 29 MWp of solar capacity through 14 projects spread across 12 Indian states and more than five industrial sectors. The newly commissioned installations are expected to generate over 45.78 million units (kWh) of green electricity annually, contributing […]

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US Bitcoin Miner Sangha Launches 19.9 MW Solar Project, Raises $14M

US-based Sangha Renewables, a renewable energy generation firm focused on bitcoin mining and institutional-grade project finance, has announced the groundbreaking of its 19.9-megawatt (MW) mining facility in West Texas. This project is developed in partnership with an independent power producer (IPP). the facility will operate behind the meter on an established large-scale solar energy site […]

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ACME Solar Commissions 112.5 MW at Sikar Solar Project

ACME Solar Holdings Ltd has commissioned an additional 112.5 megawatts (MW) at its solar power project in Sikar, Rajasthan, taking the total operational capacity at the site to 165 MW out of a planned 300 MW, the company said. The second-phase commissioning, completed on May 19, follows an initial 52.5 MW commissioned earlier this month. […]

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