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solar project developers

Enel Green Power Wins 190 MW Capacity in SECI’s 1.8 GW Wind Tender

Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to develop a 190 MW wind farm in India Enel Green Power, through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year energy supply contract/Power Purchase Agreement (PPA) for a 190 MW wind farm in India. […]

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BNEF Bankability Survey Ranks Solis 3rd Among Asian Brands

BNEF released its survey entitled ‘Solar Module & Inverter Bankability 2019’, with Solis the third highest-rated firm amongst the Asian brands. Recently, BloombergNEF (BNEF) released its survey entitled “Solar Module & Inverter Bankability 2019”, which included the investigation of inverters for the first time. Chinese Inverter brand Ginlong Solis was revealed as the third highest-rated […]

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MP Extends Scope of Subsidised Power Scheme

Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […]

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BloombergNEF Awards Sungrow 100% Bankability Rating

Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […]

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Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity

GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […]

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EESL Ties up With Apollo Hospitals to Boost EV Charging Infrastructure

EESL has signed a 10-year MoU with Apollo Hospitals to install public EV charging stations in its hospitals across India to boost e-mobility Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has signed a 10-year Memorandum of Understanding (MoU) with Apollo Hospitals Enterprises Ltd, to […]

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Assam Tenders for 8 MW Rooftop Plants in Residential Sector

Assam Energy Development Agency has tendered for setting up 8 MW rooftop solar systems for the residential sector in the state. The Assam Energy Development Agency (AEDA) has announced a new tender for setting up of 8 MW grid-connected rooftop solar power systems under the CAPEX model for the residential sector in the state. The […]

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After High Court Stay on PPA Move, Andhra Strikes with Curtailment

The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […]

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India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC

In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […]

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