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solar electricity

SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS

Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […]

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2025: Solar, BESS To Account For 81% New US Capacity Addition

The latest Preliminary Monthly Electric Generator Inventory report by the US Energy Information Administration (EIA) expects 63 GW of new utility-scale electric-generating capacity to be added to the US power grid in 2025. This amount represents an almost 30% increase from 2024, when 48.6 GW of capacity was installed, the largest capacity installation in a […]

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Brazil’s Solar Growth Soars, Eyes 200 GW by 2050

Brazil needs to rapidly scale its decarbonization efforts to become a net-zero economy by 2050, according to New Energy Outlook: Brazil, released by BloombergNEF (BNEF). The report builds on the results of BNEF’s flagship New Energy Outlook 2024 and examines Brazil’s decarbonization trajectory using bottom-up modeling across the power, transport, industry, and buildings sectors through […]

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Now, a Solar Soundbox From PayTm

Leading payments and financial distribution firm Paytm has launched what it terms India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power. The PayTm app enables users to link their bank accounts and create UPI handles for seamless payments. Paytm has been a pioneer of QR codes, Soundbox, and […]

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CERC Adopts tariff For SECI’s 1200 MW Wind Solar Hybrid Projects

In an order dated February 18, the Central Electricity Regulatory Commission has adopted the proposed tariffs for SECI’s  1200 MW Hybrid projects comprising wind and solar energy under Tranche VIII. SECI had issued the letter of awards to the winning bidders on June 20, 2024.  The projects will now await the signing of formal PPAs, […]

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Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users

Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […]

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SaurEnergy Explains: Balcony Solar – A Game Changer for Apartment Dwellers?

Solar power has taken over the world’s new power projects, becoming the harbinger of the renewable energy age that everyone awaited for so long. Indeed, the utility scale mega solar projects and rooftop solar have been the mainstream type of solar installations. However, other solar power systems, like the balcony solar systems, are quietly gaining […]

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MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders

The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […]

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Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing

Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […]

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