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Barclays, Lightsource bp Sign $140 Million Deal For Louisiana Solar Project

Barclays and Lightsource bp have announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc solar project in St. Landry Parish, Louisiana. According to a media statement by Lightsource bp, the deal is one of the first to be led by Barclays’ new […]

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Relief On The Horizon For Solar Developers In GIB Zone In Rajasthan

In developments in the vital GIB case that has impacted almost 20 GW of solar capacity additions by some estimates, the matter of building Solar Plants in a massive 80,000 square Km zone termed the Great Indian Bustard (GIB) habitat zone seems closer to a resolution. The issue had been the demand of conservationists, being […]

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MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks 

The Ministry of New and Renewable Energy (MNRE) has updated its list of insurers covering risks for solar project developers. India’s Insurance Regulatory Development Authority (IRDAI), which offers solar insurance, forwarded the MNRE the approved list of 11 such players. The ministry last published the list of solar insurance firms on February 26. It has […]

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Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania

Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […]

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DMRC Issues Tender For Solar Projects At Phase-IV Sections

Delhi Metro Rail Corporation (DMRC) has issued a tender inviting bids for 3.5 MW rooftop solar projects for its Phase-IV network stations that are currently under construction. The tender has been issued under the Renewable Energy Supply Company (RESCO) model. According to DMRC tender, the last date to submit the bids is April 25 while […]

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Mahindra Susten Secures 300 MW Solar Project From NTPC With Lowest Bid

NTPC Limited has declared Mahindra Susten Private Limited one of the winners for its 1500 MW solar tender. Owing to the lowest bid it quoted in the tender, the renewable energy firm was given a share of 300 MW of solar projects. The company is an Independent Power Producer (IPP).  This award comes after a […]

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MSPGCL Invites Bids To Solarise 502 MW Ground-Mounted Project

Maharashtra State Power Generation Company (MSPGCL) invited online bids for the design, engineering, supply, erection, testing, and commissioning of the 502 MWAC solar project. The MSPGCL document reads, “Competitive bidding design, engineering, supply, erection, testing and commissioning of 502 MWAC cumulative capacity ground mounted crystalline solar PV technology grid interactive distributed agriculture feeder solarization by […]

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PM Surya Ghar: Govt Earmarks Rs 800cr For Model Solar Villages

The Ministry of New and Renewable Energy (MNRE) has now issued its notification for the rollout of its ambitious PM Surya Ghar: Muft Bijli Yojana. The ambitious scheme has planned to install rooftop solar panels onto one crore households with a financial output of Rs 75,021 crore. The ministry in its detailed financial outlay said […]

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