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Renew Power, Fourth Partner In Deal For On Site Solar Assets?

Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […]

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Privatisation Bound CEL issues Tender for 1 Million Solar Cells

Central Electronics Limited (CEL), the public sector enterprise in the eye of a privatisation tussle, has invited bids for the supply of one million multicrystalline solar cells of 4.68 W output or higher. CEL’s privatisation process has been put on hold due to objections raised regarding its valuation as well as the buyer credentials. In […]

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Head Of Solar Quality Assessment Services

STS HEAD OF SERVICES is the owner of his/her product (services) portfolio, including being responsible for the technical roadmap and strategy, being accountable for the commercial success of the portfolio, leading the introduction of new products/services on the market (NPI) and leading the improvement of commercial products/services. The HEAD OF SERVICES is in constant contact […]

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56% Solar Projects Planned for 2022 at Risk due to Mfg Cost Hike: Rystad

The earliest estimates on the impact of price volatility and rising costs on solar projects worldwide are finally coming out, and the news is not good. The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for […]

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Mercedes-Benz Buys 33% Stake in ACC Battery Project

On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […]

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R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment

In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on  self reliance in renewable energy manufacturing organised by the Confederation […]

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India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […]

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CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project

The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […]

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