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Wind Solar Hybrid

3.5 GW Solar Capacity Added in H1 of 2021 in India, Says Report

A report by renewable energy research firm JMK Analytics says that India added 3.5 GW of solar capacity in the first six months of the financial year 2022. It places cumulative renewable capacity at 96.95 GW, a figure at variance with government claims of having hit 100 GW. Typically, these differences are accounted for by […]

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Sterling and Wilson Solar Q1 Results. Underwhelming

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […]

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S&W Solar Expands Menu, Adds Hybrid energy, Storage and Waste To Energy

Sterling and Wilson Solar Limited (S&W Solar) has announced that it will be expanding its EPC (Engineering, Procurement and construction) solutions offerings to cover Hybrid energy projects as well now. Besides this, it will double don further on its energy storage solutions and waste to energy offering now. Hybrid energy solutions involve combining two or […]

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BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables

The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […]

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Topsun Sets Up GUVNL-commissioned 1 MW Solar Plant in Gujarat

Gandhinagar-based rooftop solar manufacturer Topsun Energy Ltd has set up a 1 MW solar power plant, their first one to be commissioned by Gujarat Urja Vikas Nigam Ltd. (GUVNL). Power evacuation to grid has been completed successfully under the Small-Scale Distributed Solar Projects (SSDSP) 2019 scheme. Founded in 2007, Topsun offers innovative photovoltaic products and systems […]

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Enel Green Acquires 3.2 GW Solar Portfolio in the United States

Renewable energy company Enel Green Power North America has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned […]

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Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid

Tata Power (TP Saurya  Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […]

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Azure Power Secures $163 Million Investment for 300 MW Solar Project

NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […]

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The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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