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Arctech, ACME Ink 175 MWp Solar Tracker Supply Pact

Arctech, a provider of solar tracking, racking, and building-integrated photovoltaic (BIPV) solutions, has signed a contract with ACME Cleantech Solutions to supply 175 MWp of solar trackers for a 300 metric tonnes per day (MTPD) green ammonia project in Duqm, Oman. ACME Cleantech, a fully integrated renewable energy company in India, has a diversified portfolio […]

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Gujarat: NGEL Issues 600MW Solar Module Supply Tender For Bhuj

NTPC Green Energy Limited (NGEL) has invited bids on behalf of IndianOil NTPC Green Energy Private Limited (INGEL) for the supply of solar modules for the 600 MW INGEL solar project in Gujarat. The project will use bifacial solar modules and includes a 750 MWp (375 MWp x 2 blocks) capacity. The deadline for submission […]

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Solar’s Next Big Challenge- Sustainable Growth

It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […]

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REIL Floats 30 MW Rooftop Solar EPC Tender in Rajasthan

Rajasthan Electronics & Instruments Limited (REIL) has issued a 30 MW EPC tender for grid-connected rooftop solar photovoltaic projects across Rajasthan. The tender includes 25 MW of rooftop solar systems on state government and public sector undertaking buildings in the Jodhpur district and a further 5 MW on similar buildings in the Pali district. Bids […]

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SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project

SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd.,  has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […]

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Waaree Solar Americas Gets 586 MW Global Order Worth $176 Mn

Waaree Solar Americas, a subsidiary of Waaree Energies, has received an international order for 586 MW of solar modules, the company said in a regulatory filing. The $176 million order was placed by a prominent U.S.-based developer and owner-operator of utility-scale solar and energy storage projects, the company added. Waaree Solar Americas secured the order […]

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GST Rate Change: APTEL Upholds Rights Of Solar Firms For Relief

The Appellate Tribunal for Electricity (APTEL) has reaffirmed solar developers’ right to compensation for additional expenses under the Goods and Services Tax (GST), including outsourced operation and maintenance (O&M) costs. In a key judgment that aligns with its earlier Parampujya ruling, the apex agency gave the ruling. However, the tribunal remanded the matter to the […]

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Sterling & Wilson Wins 225 MW Gujarat Solar Project

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable energy power company, has emerged as the L1 bidder in a tender by a leading public sector undertaking (PSU) developer for a turnkey EPC package for the development of a 225 MW (AC) grid-connected solar PV Project in Gujarat, India.  Speaking on the order […]

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Engie Gets Financial Closure For 200 MW Khavda Solar Project

French energy company ENGIE has achieved financial closure for its upcoming 200 MW solar project in Khavda, Gujarat, in partnership with MUFG Bank Ltd. and Crédit Agricole CIB. The project is being developed through ENGIE’s subsidiary, Enren-II Energy Private Limited. It is expected to generate approximately 550 GWh of electricity annually and avoid over 1,650 […]

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