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The Potholes of 2019 for India’s Solar Drive

Looking back at 2019, there is absolutely no doubt today, that it has not been a memorable year for Solar power in India. Generators or manufacturers. With a closing installation figure of barely 7 GW as tracked by us, almost every hope from 2018 has been belied. The bad part? Some of the biggest obstacles […]

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ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia

ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […]

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EOI for 5 MW Solar Plant Issued by Dept of Defence Production

The Department of Defence Production has issued an EOI for commissioning of 5 MW grid-connected solar plant at the Varagaon Ordnance Factory in Maharashtra. The Ordnance Factory Board under the Department of Defence Production has issued an Expression of Interest (EOI) for the commissioning of a 5 MW grid-connected solar power plant at the Varagaon […]

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Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI

SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […]

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Statkraft and Solaria Sign 10-Year 252 MW Solar PPA

Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […]

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Equinor Increases Stake in Scatec Solar With Purchase of 6.5 mn Shares

Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of USD 84 million. Equinor has acquired 6,500,000 shares in Scatec Solar, corresponding to 5.2 percent of the shares and votes, at a total purchase price of NOK 754 million (USD 84 million). […]

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Vikram Solar Modules Used for 300 Solar Pumps Across West Bengal and Odisha

Vikram Solar has announced the installation of over 300 solar water pump projects in West Bengal and Odisha using the company’s solar modules. Vikram Solar, one of India’s leading module manufacturers and a prominent EPC and rooftop solar solutions provider, has announced the installation of over 300 solar water pump projects in West Bengal and […]

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Indian Oil Tenders for 130 kW Rooftop Solar Plant in Maharashtra

Indian Oil has issued a tender for the deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in Nagpur, Maharashtra. The Indian Oil Corporation (IOCL) has issued a tender for the constriction and deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in […]

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EDPR, ConnectGen Complete Acquisition of 3 Projects From First Solar

First Solar has announced that EDP Renewables and ConnectGen have completed the acquisition of 3 projects with a total nameplate design of 278 MW in the US. US-headquartered First Solar has announced that a partnership composed of EDP Renewables and ConnectGen has completed the acquisition of three projects with a total nameplate design of 278 megawatts (MW) in the […]

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