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solar electricity

ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners

Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […]

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GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH).  GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […]

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […]

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Maharashtra Introduces Land Lease Model for Solar-Powered Agriculture

Maharashtra Government has revealed that it is looking to encourage agriculture driven by solar power across the state. This is with an aim to make sure that the farmers get power supply without any hinderances during daytime since rural areas are prone to power outages during the day. Towards this, Chief Minister Eknath Shinde said […]

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OX2 Acquires Large Scale Finnish Solar Farm of 475 MW Capacity

OX2, a firm that delves into the development of renewable energy solutions at scale and develops onshore wind power in Europe, has informed about the acquisition of the project rights of a solar power project in Huittinen, Finland. The firm has  acquired the project from solar power developer SAJM Holding Oy. The capacity under development […]

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Britain Set for First People-Powered Solar Park

Ripple Energy, a UK-based firm which builds renewable parks, has shared that the Derril Water Solar Park in Devon is set to become Britain’s first shared solar park. Renewable energy firm RES will be responsible for developing the project, for which it has signed an agreement to sell its Derril Water Solar Park to a […]

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Green Genius, Eiffel Form JV For 500 MW Solar Projects In Italy

Renewable energy conglomerate Green Genius and newly established fund Eiffel Transition Infrastructure, managed by Eiffel Investment Group, has announced to have set up a joint venture (JV) to develop and build together 500 MW solar park portfolio in Italy. Through this joint-venture, Eiffel will invest initially up to EUR 15 million to support the development […]

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Spain’s First Hybrid Wind-Solar Plant To Be Brought To Reality By Iberdrola

Iberdrola is building the first hybrid wind and solar plant in Spain that will come up in Castilla y León region in the province of Burgos. Iberdrola held that it’s constructing two solar PV plants of 41 and 33 MW each. Both solar projects will employ more than 170,000 solar modules and will be located […]

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Primed For Growth, Cosmic PV Power Rides India’s Solar Manufacturing Boom

Tell us about the current capacity of Cosmic PV Power. Cosmic PV Power Pvt. Ltd. was established in 2020, with a view to manufacture solar modules. The firm has developed engineering capabilities in producing high-efficiency PV modules in line with the Make in India objective. After the successful completion of the existing 250 MW manufacturing […]

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