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solar power generation

Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits

Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields.    Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […]

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JERC Rejects Plea of Puducherry Firm For Enhancing Net Metering Limit For Captive Solar

The Joint Electricity Regulatory Commission for the State of Goa & Union Territories has rejected the petition filed by Puducherry-based Rane Brake Lining, seeking relaxation of provision 4.4 of JERC for State of Goa and UTs (solar PV grid interactive system based on net metering) Regulations 2019. The provision imposes a cap on maximum solar […]

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ACWA Power Gets $123 Million Loan For 200MW Egyptian Solar Project

Saudi Arabia’s renewables developer ACWA Power has secured a financial package of $123 million to develop 200MW Kom Ombo utility-scale solar power plant in Egypt. Financing institutions for the solar project of ACWA Power include EBRD, OPEC Fund OPEC Fund, African Development Bank (AfDB), Sustainable Energy Fund for Africa (SEFA), GCF, APICORP and Arab Bank. […]

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ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects

Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […]

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EBRD Lends €29 Million For Albania’s 140MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […]

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Haryana Solicits Bids for Procurement of 500 MW Solar Power

Haryana Power Purchase Center, which is a joint venture between UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam) has issued a tender and invited bids for 500 MW solar electricity from Haryana-based grid connected solar projects. The last date to submit the bids online is May 24, 2023. The bids […]

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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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Solar Power Lights up 11 Remote Tripura State Rifle Camps

Located in a remote area, the Tripura State Rifle camps has been lit up with solar energy. The Tripura State Rifle (TSR) personnel had been battling the challenge of power supply for a long time, and solar power has come as the answer to it. Now, 11 TSR camps are powered by solar energy. As […]

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