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energy price

MSPGCL Invites Bids To Manufacture & Supply 750 MW PV Modules

Maharashtra State Power Generation Company Ltd. (MSPGCL) invited online bids to manufacture and supply solar PV modules of 750 MWp capacity. It invited bids for solar power projects under the MSKVY 2.0 scheme in Maharashtra under local competitive bidding from prospective bidders. MSPGCL invited online bids to manufacture and supply solar PV Modules for Solar []

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GoodWe Announces Inauguration of 1st Overseas Manufacturing Base 

Solar Energy Storage Solutions Firm GoodWe has announced the official commencement of operations at its first overseas manufacturing plant in Hai Phong, Vietnam. This new facility also marks the third in GoodWes manufacturing network.  It reinforced our dedication to efficiently delivering tailored, high-quality products to its customers worldwide, the firm said in a statement. The []

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E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA

India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in []

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J&K Forms Committee To Implement 12 Crore RE Projects

The Jammu and Kashmir (J&K) government recently constituted an appraisal committee for renewable energy projects in the state. As per its recent order, the government sanctioned the constitution of the Technical Appraisal Committee (TAC). This TAC was formed for the implementation of renewable energy projects worth more than 12 crores. These projects are expected to []

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Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers

The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has []

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L&T Emerges Lowest Bidder For 100 MW Jharkhand Floating Solar Project

Solar Energy Corporation of India Limited (SECI), announced Larsen and Toubro (L&T) Limited as the most advantageous and lowest L1 successful bidder for a 100 MW floating solar PV project. SECI commissioned this project for operation and management (O&M) design, engineering, supply, construction, erection, testing, and commissioning of the floating solar project for five years. []

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NLC Inks Deal With Rajasthan Govt For 1125 MW Power Projects

On Sunday, NLC India Ltd and the Rajasthan government signed an agreement to form a joint venture for setting up two power projects totaling 1125 megawatts worth Rs 7,000 crore investment, reported news agency PTI. According to the report, 125 megawatt (MW) will be a lignite-based power plant another project will be a 1000 MW []

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 []

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