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solar power companies

UP Wants Solar Power Companies to Lower Power Tariffs

The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […]

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State distribution companies (discoms) are biggest obstacle on open access for solar power

Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […]

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Government will soon issue quality order on purchase of solar modules by power companies: Piyush Goyal

Will give six to nine month time to solar module and cell manufacturers to improve their manufacturing before coming up with a similar quality order Power, coal, renewable energy and mines minister Piyush Goyal recently said that the government will soon issue a quality order on purchase of solar modules by power companies. The minister […]

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Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA

Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […]

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Power Roll, Filia to Develop Solar PV-enabled Window Blackout Blinds

Power Roll and Filia Solar have signed an Application Development Partner Agreement to explore the use of Power Roll’s solar film for solar PV-enabled window blackout blinds. Power Roll claims to have developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity that is up to 10 times cheaper to make than […]

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Torrent Power Buys 156 MW Wind Capacity from CESC

Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […]

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Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026

Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […]

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Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan

Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […]

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Hive Energy, Two other UK Firms Team Up To Develop 350 MW Solar Power in New Zealand

Three UK-based solar companies, namely Hive Energy, Ethical Power and Solar South West have launched a new joint venture (JV) that will aim to develop a pipeline of nearly 350MW of utility-scale PV plants across New Zealand. The JV, called HES Aotearoa, combines competencies spanning site selection, project design, construction, and operations and maintenance across […]

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